Economic Impact of Activities in Australia, UK and USA

Location: Melbourne, VIC

Duration: 6 months

Project Background

WorleyParsons Limited is listed on the Australian Securities Exchange (ASX). Worley’s corporate headquarters is located in Sydney, Australia. We are a pre-eminent global provider of professional project and asset services to the energy, chemicals and resources sectors. Worley employs almost 60,000 people globally across 51 countries.

In April 2019, WorleyParsons and ECR, two global leaders in engineering, technical and professional services, came together as a new brand – Worley. Our customers now have access to a wide network of highly capable people around the world to help them meet the world’s changing energy, chemicals and resources needs. We cover the full project life cycle, from guiding our customers with pioneering projects, to finding innovative ways of sustaining and enhancing their existing assets. Our comprehensive geographic presence enables us to leverage global expertise and deliver innovative solutions locally to meet our customers’ needs.

Worley delivers projects, provides expertise in engineering, procurement and construction and offers a wide range of consulting and advisory services. We cover the full lifecycle, from creating new assets to sustaining and enhancing operating assets, in the hydrocarbons, mining, mineral, metals, chemicals, power and infrastructure sectors. Our resources and energy are focused on responding to and meeting the needs of our customers over the long term and thereby creating value for our shareholders. Worley Limited is listed on the Australian Securities Exchange (ASX: WOR).

Research to be Conducted

Worley is seeking an independent economic impact analysis of Worley’s activities in key countries where we operate, specifically Australia, the US and UK. This data will be used to support Worley’s engagement with governments in these locations and so needs to be robust and preferably replicable in other locations where Worley operates.

We seek quantification of the economic benefits that Worley’s operations are contributing, including to local economies, including beneficial impacts on local employment; economic growth; development of skills and expertise; growth of specific sectors and their levels of sophistication, and importantly, indirect benefits resultant from the services that we provide in the energy, chemicals and resources sectors.

Skills Required

If you’re a PhD student and meet some or all the below we want to hear from you. We strongly encourage women, indigenous and disadvantaged candidates to apply:

• Experience at conducting similar work quantifying economic benefits associated with complex businesses
• Economic modelling skills
• Ability to source economic inputs (and your approach)
• Understanding of alternative quantification approaches and their relative merits and risks
• Motivated self-starter who comfortably engages with people from a range of backgrounds/located across a broad geographic base.
• Understanding of the sectors Worley supports and how they may assist provide net economic benefits
• Ability to distil and communicate key messages from complex economic modelling exercises

Expected Outcomes

Please note: research outcomes are to be negotiated and agreed upon with the selected candidate during the project plan stage.

Expected outcome will be a report, including executive summary, which clearly sets out the economic benefits provided by Worley’s activities and operations in each of Australia, USA and UK. The report will clearly and succinctly describe the methodology underpinning the estimate, as well as benefit attributed with certain aspects of Worley’s activities.

Accompanying the report will be a succinct slide deck which presents the findings at a suitable level of detail for Senior Executives and the Worley Board.

Throughout the course of the engagement Worley will expect clear guidance on the inputs the PhD intern requires from Worley in order to progress the work.

Additional Details

Candidates should note that they may need to engage with and seek information from key contacts who are located overseas. This may require calls to be made outside of standard business hours.

The intern will receive $3,000 per month of the internship, usually in the form of stipend payments administered by their university.

It is expected that the intern will primarily undertake this research project during regular business hours, spending at least 80% of their time on-site with the industry partner. The intern will be expected to maintain contact with their academic mentor throughout the internship either through face-to-face or phone meetings as appropriate.

The intern and their academic mentor will have the opportunity to negotiate the internship project’s scope, milestones and timeline during the project planning stage.

Applications Close

5 February 2020

Reference

APR – 1310