WorleyParsons today announced it has paid the consideration to complete the US$3.2 billion (A$4.55 billion) acquisition of Jacobs ECR and the acquisition was completed on Friday 26 April 2019 New York time.

The new merged business is a pre-eminent global provider of professional project and asset services in energy, chemicals and resources employing 57,600 people across 51 countries.

WorleyParsons has adopted ‘Worley’ as its new brand. The Company name will be changed to Worley Limited, subject to the approval of members at the AGM in October 2019.