Accounting firm Deloitte Australia and engineering group WorleyParsons (WOR) have agreed to work together on major projects in the oil and gas, mining and infrastructure sectors.
In a statement, WorleyParsons chief executive officer Andrew Wood said the alliance was the "next logical step" after establishing their "new ventures group", which will explore opportunities that are aligned with but additional to their traditional activity.
"It reflects our commitment to constantly challenge ourselves to develop new opportunities for growth, and the proven track records of both organisations in delivering world class advisory services," Mr Wood said.
Deloitte chief executive officer Giam Swiegers said the alliance aims to position both groups for growth.
“Reinforced by Australia’s proximity to the world’s fastest growing markets in Asia, Deloitte forecasts an increasing Asian appetite for gas," he said.
The two groups have formed a similar alliance in Canada and are pursuing a deal in South Africa.