Worley (ASX: WOR) – Investor Day Presentation May 2026

Worley Limited outlined an ambitious medium-term growth strategy at its 2026 Investor Day on 14 May, targeting revenue and earnings expansion through increased penetration of the energy, chemicals and resources markets while diversifying into adjacent sectors including nuclear, power and data centres. The strategy, extending to FY30, represents a deliberate pivot toward capturing greater share of customer lifecycle spending rather than project-specific work, supported by the company’s global scale and differentiated project delivery capabilities enhanced by artificial intelligence and digital solutions.

The announcement arrives amid near-term headwinds from Middle East geopolitical tensions, which management disclosed have impacted expected financial performance for the current financial year. Management framed these challenges as temporary, pointing to longer-term tailwinds including the energy transition, global population growth and digital acceleration. The company emphasized that security and affordability concerns around energy, chemicals and resources remain customer priorities globally, positioning Worley to support strategic responses to geopolitical disruption and creating near-term opportunities in repair and rebuild efforts across the region.

Worley has secured several strategic partnerships to underpin its expansion, including agreements with Baker Hughes for Liquefied Natural Gas projects, BCEI for behind-the-meter power generation serving US data centre campuses, Orbia for lithium hexafluorophosphate facility engineering in Louisiana, St George Mining as feasibility advisor for a rare earths project in Brazil, Bruce Power for the Bruce C nuclear project in Ontario, and Nuclitalia for small modular reactor technology selection services. These partnerships span the company’s key target sectors and demonstrate management’s ability to secure meaningful commercial commitments aligned with the stated strategy at a time when strategic alliances are increasingly important to scaling in emerging markets.

To support accelerated growth, Worley plans to invest $70 million over the next two years in digital and AI capabilities, alongside organic investment to scale priority growth platforms. The company positioned these investments as critical to driving productivity and customer value while enhancing margins across the asset lifecycle. Partnerships such as the collaboration with NVIDIA underscore a broader enterprise-wide approach to integrating advanced technologies into service delivery, directly addressing the increasing digitalization of customer requirements and competitive pressures in engineering services.

Investors should monitor execution against the stated strategy, particularly the pace of market share gains in target sectors, the productivity benefits derived from the $70 million technology investment, the extent to which strategic partnerships translate into meaningful revenue streams, and how effectively Worley navigates the near-term Middle East impact while positioning for longer-term growth. This announcement is price sensitive and has been flagged as material by the ASX.

View the full ASX announcement (PDF)

About Worley Limited (ASX: WOR)

Worley Limited is an engineering and professional services company that provides consulting and project delivery expertise to the energy, chemicals, and resources sectors. The company offers services including engineering, procurement, construction, asset performance management, and digital solutions. Worley operates globally across the Americas, Europe, the Middle East, Africa, Australia, Asia Pacific, and China, with headquarters in Sydney, Australia.

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