Finance News

Worley Sells Contractor Recruitment Company to Airswift

Worley has entered into an agreement with Airswift Group (Airswift) to sell its global recruitment and contractor management company, Energy Resourcing Group (ERG), as part of its ongoing portfolio management.

Under the agreement, Airswift will continue to provide ongoing contractor management services to Worley.

Airswift logoWorley Chief Executive Officer, Chris Ashton, said the business was delighted to be entering into this agreement.

“Airswift is a global workforce services partner with experience across the energy, process, infrastructure, mining, and technology sectors. They have access to a deep talent pool across a broader range of locations as well as the shared services model that will deliver scale efficiencies as we continue to recruit new talent to support our customers across both traditional and sustainability-related work.

“The transaction reflects our ongoing commitment to disciplined and active management of our portfolio in line with our strategic direction and follows the sale of our North America turnaround and maintenance business announced earlier this year,” he said.

The agreement is subject to regulatory approval, customary closure conditions and Worley completing the separation of the business. The transaction is expected to close within month and will not have a material impact on the business.

Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997