Algae.Tec, WorleyParsons sign MOU for global project development
Algae.Tec advised that a memorandum of understanding (MOU) has been formed with WorleyParsons. A number of Algae.Tec projects, including those in the EU, U.S., Australia and Brazil, are already in the final stages of technical feasibility studies. This MOU establishes the framework by which WorleyParsons can support Algae.Tec in the future development of these projects.
“Algae.Tec is extremely pleased to have the support of WorleyParsons during this global development, construction and management phase,” said Algae.Tec Executive Chairman Roger Stroud. “WorleyParsons, a world leader in the delivery of engineering, procurement, and construction management (EPCM) services, brings an extensive network and years of experience in supporting project development and plant operations.”