The global energy engineering major Worley said it has begun the process of withdrawing from Russia.

"We are deeply saddened by the events in Ukraine and support the strong response of the international business community withdrawing from Russia," said the company.

Worley said its services provided in, and into, Russia will be withdrawn and the company will not enter into new contracts.

"Worley’s exposure from this withdrawal is not material to the Worley global business. Consistent with our purpose and values we prioritise the safety, health and well-being of our people, including those in Russia."