BOOM Logistics (BOL) has been awarded a major new contract with Newmont Asia Pacific (Newmont Boddington Gold) in WA. This is a rolling annual maintenance contract over 3 years providing labour, crane and lifting services. The new revenue for BOOM will be serviced from existing fleet from Frannas to 500t mobile cranes for Boddington Gold’s ongoing programmed maintenance and shutdown works.
Newmont’s Boddington Gold operation is Australia’s newest gold mine. Boddington is expected to become Australia’s largest gold producer, with an operating life of more than 24 years.
In addition to this BOOM Logistics (BOL) is pleased to announce that it has entered into a contract with the TDK joint venture to supply cranes and associated resources and services for the Barrow Island Construction Village for the Gorgon Project.
The contract is valued at approximately A$4m over 15 months, with a twelve month option to extend. It represents a major contract win related to the Gorgon Project and follows BOOM’s focus on building its position as a provider of heavy lift services to the oil and gas sectors.
TDK is a joint venture between construction and engineering industry majors Thiess, Decmil Group Limited and Kentz Group. Collectively these companies will build the 3,300-person Construction Village on Barrow Island for the Chevron operated Gorgon Project. The Construction Village project is valued at approximately $500m.
Brenden Mitchell, Chief Executive Officer of BOOM said: “This is a significant early step for BOOM following the formation of our heavy lift division. We are encouraged by this progress and remain focused on our strategy of delivering highly specialised services and new cranes into the oil and gas sectors. The natural resources sector including oil and gas sectors continue to be strong performers for BOOM. We believe we are well positioned in these sectors and our team will continue to build on our established position to take advantage of the rapidly expanding LNG markets in Australia.” The cranes and resources are expected to start work on the island in the first half of 2010.
Tags: BOL, Boom Logistics, Construction Services, New contracts
