Posts Tagged ‘Decmil’

Decmil Awarded $36 million Contract Extension By BHP

Monday, August 17th, 2009

WA-based engineering and construction company, Decmil Group Limited (DCG) today announced its wholly owned subsidiary Decmil Australia Pty Ltd has been awarded a A$36 million variation for Stage 2 of BHP Billiton Iron Ore’s Port Haven accommodation village in Port Hedland. The contract includes the installation of 800 two-storey accommodation rooms and a wet mess. This variation to the original contract awarded by BHP Billiton Iron Ore to Decmil in May 2009 brings the total contract value to approximately A$100 million. Stage 1 of this contract comprised the single story components for the village.

Decmil Group Limited CEO Scott Criddle said this additional work lifts the group’s total forward order book to A$384 million of which approximately A$240 million relates to FY 2010, subject to project timing. “Decmil currently has the resources to service contracts to the value of up to A$500 million,” Mr Criddle said. “With recent upgrades in our company systems and processes, and with our continually strengthening financial position, we remain confident in maintaining Decmil’s solid reputation for producing quality work on time and on budget for this and other recently announced larger value contracts. This new contract is further recognition of Decmil’s solid reputation with blue-chip companies and provides DGL with a solid platform for future growth,” Mr Criddle said.

The design work for Stage 2 and on-site work is expected to commence immediately. Decmil’s current project portfolio includes: Chevron’s Gorgon Accommodation Project (part of TDK JV), work on three significant contracts for Woodside’s Pluto LNG Gas Project, BHP Billiton’s Rapid Growth Project 5 and Rio Tinto’s Brockman iron ore project.

www.decmil.com.au

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Decmil, Thiess and Kentz In $500 million Joint Venture

Friday, June 19th, 2009

Perth-based engineering and construction organisation Decmil Group Limited (formerly known as Paladio Group Ltd) (PDO) today announced its wholly-owned subsidiary Decmil Australia Pty Ltd has been awarded the contract – along with Joint Venture partners Thiess and Kentz – to design and construct an accommodation village for Chevron Australia Pty Ltd. The contract value is approximately $500 million. Decmil, Thiess Pty Ltd and Kentz Pty Ltd will form a fully-integrated unincorporated Joint Venture, known as the TDK Joint Venture, to deliver the construction of a 3,300-person construction village on Barrow Island for the Chevron operated Gorgon Project. The work is expected to commence on the island after receipt of all necessary government approvals and following a final investment decision on the Gorgon Project from the Gorgon Joint Venture participants, expected in the second half of 2009.

Decmil’s share of the total $500 million contract value is expected to be in the order of A$170 million, making it the company’s largest single contract. Today’s announcement lifts Paladio’s forward order book from 1 July 2009 to A$330 million, of which A$230 million relates to the 2009/10 financial year. Decmil has embarked on a well-planned program of growth in relation to its commitment to the oil and gas sector and has positioned itself to competently manage projects of this size and scale. The TDK Joint Venture will progress planning activities for the design and construction of the village. The scope of work for the project includes site offices, accommodation units, sporting and recreational facilities, paramedical facilities and all related service infrastructure.The Gorgon Project is a joint venture between the Australian subsidiaries of Chevron, ExxonMobil and Shell, to develop the Greater Gorgon gas fields which is Australia’s largest-known gas resource.

Decmil Australia Pty Ltd is a leading provider of engineering construction, maintenance and industrial services to Australia’s resources, energy and infrastructure sectors. It offers a wide range of construction and maintenance services, specialising in non-process infrastructure on remote sites. Decmil has been contracted to design, build and commission temporary and permanent accommodation villages, administration buildings, maintenance facilities and storage facilities for some of the world’s leading resource companies. Decmil’s operates predominantly in north-west Western Australia, It has played a significant role in providing construction and engineering services in the development of WA’s resources industries and for infrastructure developments in the Pilbara and other remote areas of north-west Western Australia over the ast 30 years.

www.paladio.com.au

www.decmil.com.au

www.thiess.com.au

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