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He also sees a role for Worley in assisting governments to find solutions to energy and climate-related crises, such as the recent Australian bushfires.”We’re in a position to advise the Australian government on these challenges,” he said.

Worley’s focus on the transition to renewable energy comes on the heels of it winning a contract to advise on the creation of Egypt’s first nuclear power plant in December last year.

The company currently supports the operation of 55 nuclear power plants around the world. It has also assisted in the operation of over 100 wind power projects and over 50 solar thermal power projects.

Mr Ashton has been with Worley Limited for 22 years. He will receive a fixed annual remuneration package of $1.7 million, with incentive arrangements at the discretion of the board.

Worley’s chairman John Grill said in a statement:  “This is the right time for new leadership and the board has confidence in Chris’ experience, commitment and focus.”