UGL secures $400 million in new resources contracts
UGL Limited has announced that it has secured new works and contract extensions with a range of blue chip customers in the oil and gas, coal and alumina
sectors. These works have a total end value of approximately $400 million, distributed between new works and contract extensions.
Some of the contract highlights include:
- A new long term maintenance agreement at BHP Billiton Mitsubishi Alliance’s (BMA) Goonyella Riverside coal mine in Queensland;
- A four year extension for multi-disciplinary maintenance services at BP Australia’s Kwinana refinery in Western Australia;
- A three year extension for mechanical maintenance services at Queensland Alumina’s Gladstone refinery in Queensland;
- A new long term maintenance and capital works agreement at Coal & Allied Industries Limited’s Hunter Valley Operations in New South Wales;
- A new three year field maintenance contract with Wesfarmers Curragh for services at its Curragh Coal Mine in Queensland; and
- A new three year maintenance turnaround agreement at the Worsley alumina refinery in Western Australia.
UGL’s Managing Director and CEO, Richard Leupen, said: “These wins are on strategy to maintain and grow our recurring asset services revenues for UGL while supporting our strategy of developing a diversified portfolio of resources projects across a variety of blue chip clients, services and geographies.
“These new contract awards also highlight UGL’s strong operational performance as well as our ability to deliver proven, innovative and flexible large scale solutions to customers across the region.
“We continue to see positive trading conditions across our resources business supported by a healthy level of tendering activities across the coal, iron ore, minerals and oil and gas sectors. UGL now has over $1.5 billion worth of weighted and qualified opportunities across the resources sector.”