Worley secures EPCM contract for UK's first full-scale carbon capture facility

Worley Limited (ASX:WOR) has secured an EPCM contract for the carbon capture and storage (CCS) facility at Heidelberg Materials' Padeswood cement plant in North Wales. The project, in partnership with Mitsubishi Heavy Industries (MHI), marks a key milestone in the UK's industrial decarbonisation. The facility aims to capture approximately 800,000 tonnes of CO2 annually, with operations expected to commence in 2029.

In related news, Worley announced the issue of 2,817,685 performance rights (ASX:WORAI) on December 4, 2025, under its employee incentive scheme. These rights, issued for nil consideration, are subject to vesting conditions and are detailed in the company's 2025 annual report.

The issuance included 429,119 performance rights to director Robert Christopher Ashton, 114,512 to Justine Travers, 134,233 to Mark E Brantley, and 131,789 to Mark Trueman, reflecting their participation in the employee share plan. Following these issues, Worley's unquoted securities now include 8,130,180 performance rights, 1 special voting share, and 86,193 exchangeable ordinary shares.