Perth-based engineering and construction company Decmil Group Limited (DCG) today announced that its wholly-owned subsidiary, Decmil Australia Pty Ltd is in the final stages of contract negotiations with Thiess Pty Ltd for the design and construction of temporary construction facilities which form part of Thiess’ Site Preparation & Temporary Construction Facilities contract for the Gorgon Project. The sub-contract is expected to be approximately $70M. The sub-contract’s scope of work includes: in-ground services, the installation of temporary facilities, the supply/installation of warehouses and workshops and related engineering and design. Work is expected to commence in early 2010 with practical completion by September 2011.
When the contract is finalised DGL’s order book will increase to A$374 million, of which approximately A$156 million is expected to contribute to the Group’s 2009/10 financial year revenues and A$218 million in the 2010/11. The Group has an expansion strategy in place for the next 1 – 3 years and in recent years, has focused on assembling a strong team of the best people to ensure it has the resources to service contracts to the value of A$500 million.
Decmil Group Limited CEO Scott Criddle said “In the past 12-18 months, Decmil Australia has been diligent in its approach to securing significant contracts in the Western Australian resources and oil and gas sectors. These negotiations are a further reflection of the strong standing and respected relationships Decmil has built with major companies in the oil and gas sector, including Chevron and the Kellogg Joint Venture.”
Decmil Group Limited (DCG) is a multi-disciplined design, civil engineering and construction company focussed on delivering integrated solutions to blue-chip clients in the oil and gas, resources and infrastructure sectors in Western Australia through a group of wholly-owned subsidiaries. Previously known as Paladio Group Limited, the company changed its name to Decmil Group Limited in June 2009 to leverage value from its major subsidiary Decmil Australia’s 30-year history, recognisable brand and established reputation with blue-chip clients.