Posts Tagged ‘Engineering Services’

    • ASX Company News: Decmil Group Awarded Airstrip Contract By Fortescue Metals

    Wednesday, December 14th, 2011

    Decmil Group Limited (DCG) announced the company’s wholly-owned subsidiary, Decmil Australia Pty Limited, has been awarded a civil construction contract valued at circa $30 million by Fortescue Metals Group for construction of the Christmas Creek Airstrip Earthworks, Runway and Facilities as part of the T155 Chichester Expansion Project.

    DGL CEO Scott Criddle said “the award of this contract aligns with Decmil‟s strategic growth plan to expand its civil contracting offering into the infrastructure sector.” As part of executing its diversification strategy, DGL is expanding into the infrastructure sector and, via Decmil Australia, targeting the pipeline of civil works contract opportunities for airport, road construction and water projects, associated with the Resources and Oil & Gas sectors. The contract includes for design, approvals, procurement, construction and commissioning of a CASA compliant airport facility at Fortescue Metals Group‟s Christmas Creek mine situated in the Pilbara region of Western Australia, located approximately 130km North of Newman. This contract builds on an excellent relationship with Fortescue where Decmil recently completed the 2 Phase 1600 person Karntama Village ahead of schedule at Christmas Creek. Decmil has a demonstrated record in civil construction and has focused on expanding its civil capability throughout the past year.

    Decmil Group Limited (DCG) is a multi-disciplined design, civil engineering and construction company focused on delivering integrated solutions to blue-chip clients in the oil and gas, resources and infrastructure sectors.

    www.decmilgroup.com.au

    http://www.traderdealer.com.au/fundamentals/dcg

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    ASX Company News: Savcor Awarded $12.8 million Jetty Contract By Dampier Salt

    Tuesday, December 13th, 2011

    Savcor Group Limited (SAV) announces its subsidiary, Savcor Finn Pty Ltd has been awarded a $12.8 million major contract to deliver the Dampier Ship Loading Jetty Refurbishment Project for Dampier Salt (DSL).

    The six month project, due to commence on site in April 2012, will involve the removal of the existing timber decking system; refurbishment and painting of the steel superstructure and installation of a new precast concrete decking system.  The refurbishment project will be undertaken while DSL maintains full operational capacity of the salt load out facility.

    Julian Bleddyn, Savcor Finn’s General Manager, said “this is a significant project for Savcor’s operations in the north west. The award of this technically difficult project to Savcor is an endorsement of our innovative approach to major refurbishment projects of marine structures, while maintaining the highest level of safety compliance. Innovative access systems and careful programming will facilitate Savcor in safely completing the project while allowing DSL to maintain 24 hour access to the structure, which is critical to the success of the project”.

    Savcor has completed many major projects for Dampier Salt including structure condition assessments, concrete repair and cathodic protection systems and coating application services.

    www.savcor.com

    http://www.traderdealer.com.au/fundamentals/sav

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    ASX Company News: Worley Parsons Secures $12 billion Project Management Contract

    Friday, November 25th, 2011

    WorleyParsons (WOR) is pleased to announce the award of a contract for the project management consultancy of the Refinería del Pacífico refining and petrochemical complex, a project with an approximate total installed cost of US$12 billion. The complex is located in the province of Manabí, Ecuador and is a joint venture between PetroEcuador and PDVSA Ecuador S. A.

    The refinery will have a crude processing capacity of 300,000 barrels per day. During phase I of the project, WorleyParsons will provide an integrated project management team (IPMT) located in Houston, Texas. The IPMT will be responsible for providing oversight of the front end engineering and design of the project and will assist the client in the selection of engineering, procurement and construction (EPC) contractors. In phase II the IPMT will provide oversight of the EPC contractors and will be responsible for construction management of early activities at the Manabí site. The project is presently scheduled to be completed by December 2015. The estimated reimbursable contract value to WorleyParsons for Phases I and II is anticipated to be in excess of US$200 million.

    WorleyParsons’ CEO, Mr John Grill, said, “I am extremely pleased that WorleyParsons has secured this award, providing us with the opportunity for continued growth in Latin America and in refining and petrochemicals.”

    www.worleyparsons.com

    http://www.traderdealer.com.au/fundamentals/wor

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    ASX Company News: RCR Tomlinson Awarded Engineering Contract By Fortescue Metals

    Thursday, November 3rd, 2011

    Integrated engineering company RCR Tomlinson Ltd (RCR) is pleased to announce that it has received a notice of award for a major EPC contract for Fortescue Metals Group (FMG) for the Kings Ore Processing Facility and the Firetail Ore Processing Facility at the Solomon Iron Ore Project in Western Australia. The contract is valued at more than $600 million and will be delivered under a negotiated arrangement with incentives. Work will commence immediately and is scheduled for completion in December 2012. The scope of work encompasses engineering, procurement, construction and pre-commissioning of Fortescue’s Kings Ore and Firetail Processing Facilities at the Solomon Mine and includes RCR core competencies of structural, mechanical, piping and electrical works.

    RCR Managing Director, Paul Dalgleish, said that the contract award is a significant milestone for RCR and extends RCR’s existing relationships with Fortescue. “We are very focused on delivering this exciting project for Fortescue which, like RCR, has a history of innovation and a record of achieving promises on project delivery,” Dr Dalgleish said. “RCR’s resources and expertise across our Resources, Power and Mining businesses will combine to deliver the best possible outcomes for Fortescue.” “This contract award follows the recent receipt of equipment orders for apron feeders and belt feeders to RCR’s Mining business by Fortescue for the Solomon Project, totalling $30 million.”

    RCR Tomlinson Ltd (RCR) is an integrated engineering company providing turnkey solutions to blue chip clients in the mining, resources, energy and power sectors. RCR’s services include design, procurement, manufacture, fabrication, engineering construction and electrical services (SMPE), off-site repairs and maintenance. Headquartered in Perth, Western Australia, RCR has operations across Australia, New Zealand and Malaysia employing approximately 2,500 people.

    www.rcrtom.com.au

    http://www.traderdealer.com.au/fundamentals/rcr

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    ASX Company News: Allmine Group Secures $50 million Contract

    Thursday, November 3rd, 2011

    Allmine Group Limited (AZG) is pleased to provide the following update for Construction Industries Australia Limited (CIA). CIA is 50% owned by Allmine’s wholly owned subsidiary Arccon (WA) Pty Limited and is the mining construction division of Arccon. CIA has been awarded a service contract by MCC Mining (Western Australia) Pty Limited (MCC) in accordance with the Alliance Agreement between CIA and MCC. The service contract is open-ended and represents the second contract secured by the recently formed structural, mechanical piping division of CIA. The scope of works undertaken under the service contract includes installation with a limited supply component. The estimated current value of the service contract is $50 million; however, given the open- ended nature of the contract, the project works are expected to be extended over time.

    Allmine Group Limited (AZG) is a mining service company that operates two divisions: Engineering, Procurement and Construction via its wholly owned subsidiary Arccon (WA) Pty Ltd; and Fixed and Mobile Plant maintenance. The Allmine Group provides a “Life of Mine” service proposition to mine owners, mine operators and their subcontractors. The Group’s principal focus is on mineral resource companies. The Allmine Group undertakes general engineering and EPC projects globally. The Group’s maintenance division operates service centres across Perth, Leinster, Port Hedland, Karratha and Darwin. In addition to the service centres, the Allmine Group provides on-site labour hire and field service operations and sales of after-market earthmoving components across Australia and Fiji.

    www.allminegroup.com

    www.arcconmining.com.au

    http://www.traderdealer.com.au/fundamentals/azg

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    ASX Company News: Cardno Acquires US Based TEC Inc

    Wednesday, October 19th, 2011

    International infrastructure services consultancy, Cardno Limited (CDD) announced that it has acquired TEC, Inc a Virginia, USA based environmental consulting firm. TEC is a 330-person consulting firm with specialist expertise in environmental management, asset management and marine infrastructure management especially related to port infrastructure and defence facilities. Headquartered in Charlottesville, Virginia, TEC has 15 mainland U.S. offices and 5 off-shore offices including Hawaii, Guam, Germany, Belgium and Italy. The acquisition is expected to contribute approximately US$52 million in revenue and US$7.2 million in EBITDA over the next 12 months. The acquisition is earnings per share accretive in FY12. Cardno will pay up to US$50 million for the purchase of TEC, which includes an earn-out of up to US$8.3 million based on future performance, payable in 18 months.

    Cardno Managing Director, Andrew Buckley commented that in line with the firm’s proven strategy, TEC’s key management will become Cardno shareholders and will remain active in the company, which will be known as Cardno TEC. Mr Buckley said the addition of Cardno TEC will further strengthen Cardno’s exposure to the US environmental and natural resources management market and is highly complementary to last year’s acquisitions of Cardno ENTRIX, Cardno ERI and Cardno JFNew.

    The acquisition will be funded by a mix of approximately 86% cash and 14% shares. The number of shares issued will depend on the 10 day volume average weighted share price and exchange rate at the time of issue. The cash component will be funded from available cash and debt facilities.

    Cardno is a professional infrastructure services provider, delivering the specialist expertise necessary to develop and improve the physical and social infrastructure that underpins communities around the world. Cardno’s team comprises leading professionals who plan, design, manage and deliver sustainable projects or community programs. Cardno is an international company, listed on the Australian Securities Exchange (CDD)

    www.cardno.com

    http://www.traderdealer.com.au/fundamentals/cdd

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    ASX Company News: Ausenco Awarded $30 million Copper Contract In Kazakhstan

    Friday, October 14th, 2011

    Ausenco Limited (AAX) has been awarded a $30 million Create phase engineering services contract for the US$1.5 billion Aktogay copper project owned by Kazakhmys plc. Kazakhmys plc. part of the FTSE 100 index, is the world’s 11 largest copper producer managing over 20% of Kazakhstan’s copper supply. Ausenco Mineral & Metals’ role involves the engineering and design of the open-pit mine and once operational it is estimated that the concentrator will produce around 100,000 tonnes of copper concentrate annually.

    Ausenco CEO Zimi Meka said “The Ausenco team was excited about working on its first project for Kazakhmys. There is enormous growth potential in Kazakhstan and Kazakhmys in particular has flagged a large expansion program that we want to help deliver.” “This project further adds to our geographic diversification and positions us well to capture future growth opportunities in the mineral rich region of Central Asia.” On 8 September 2011 Ausenco announced it had received a Letter of Intent to deliver two projects worth $70 million in revenue. Aktogay is one of those projects and the contract has now been signed. Ausenco will commence work on this project immediately.

    Ausenco sets high global standards for leading edge engineering and project management services in the resources and energy sectors. It is a growing company with big ambitions that thrives on reaching into new markets. Across 29 offices in 19 countries, our people seek ingenious solutions for our clients in the Energy, Environment & Sustainability, Minerals & Metals, Process Infrastructure and Program Management sectors. It is inspired to make a genuine positive impact on the world around us and in the communities in which it operates. Kazakhmys plc. is a leading international natural resources group with significant interests in copper, gold, zinc, silver, power generation. It is the largest copper producer in Kazakhstan and one of the top worldwide with 17 operating mines, 10 concentrators and 2 copper smelters. It had revenues of $3.2 billion in 2010 with Group EBITDA (excluding special items) of $2.8 billion. The Group employs some 61,000 people, principally in Kazakhstan.

    www.ausenco.com

    http://www.traderdealer.com.au/fundamentals/aax

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    ASX Company News: Worley Parsons Awarded Wiggins Island Coal Contract

    Thursday, October 6th, 2011

    WorleyParsons (WOR) has been awarded the Procurement  and Construction Management (PCM) services contract for the delivery of the Wiggins Island Coal Export Terminal Stage 1 (WICET) which is owned by a consortium of eight coal companies.

    The WICET is a privately funded AUD2.5 billion project which involves the development of a 27 million tonnes per annum coal export terminal on Golding Point near Gladstone in Queensland.

    The WICET contract will be delivered from the WorleyParsons Brisbane office and then transition to Gladstone over the next few months  as site works commence. The expected revenue  to WorleyParsons  from Stage 1 of this project is approximately AUD75 million and completion is expected by the end of the second quarter of 2014.

    John Grill, Chief Executive Officer of WorleyParsons commented: “I am most pleased to announce this award, as it confirms our strategic intent to be a major provider of pit to port delivery solutions.

    The WICET PCM contract award supports this strategy  and also continues our strong position in the development of Australia’s natural resources and supporting infrastructure”.

    www.worleyparsons.com

    http://www.traderdealer.com.au/fundamentals/wor

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    ASX Company News: Downer EDI Secures $142 million Instrumentation Contract

    Wednesday, October 5th, 2011

    Downer EDI Limited (DOW) announced that it had been awarded an electrical and instrumentation  contract valued at over $142 million for works in the Pilbara region, Western Australia, approximately 1,600 km from Perth.

    The Chief Executive Officer of Downer, Grant Fenn, said Downer was pleased to be continuing its involvement in the delivery of large scale projects in the region.

    “This win extends Downer’s position as the leading electrical and instrumentation provider in the west and demonstrates confidence in Downer’s ability to deliver on large scale projects”, Mr Fenn said.

    Work will commence in late 2011 and is expected to be completed by second quarter 2013.

    www.downergroup.com

    http://www.traderdealer.com.au/fundamentals/dow

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    ASX Company News: Monadelphous Secures Rio Tinto Engineering Contract

    Tuesday, September 20th, 2011

    Leading engineering group Monadelphous Group Limited (MND)  announced it has secured a major construction contract at the Hope Downs 4 Iron Ore Project for Rio Tinto and Hancock Prospecting Pty Ltd. The contract is valued at approximately $150 million for the project which is 30km north-west of Newman in Western Australia. The work involves structural, mechanical and piping for the supply, installation and commissioning of the 15 million tonnes per annum greenfields mine processing plant. Construction will include facilities for primary and secondary crushing and dry screening, waste fines thickening and discharge return lines, stockpiling of lump and fines product, reclaiming and train load out.

    “Monadelphous has a long track record for the safe and reliable delivery of large-scale construction projects for blue-chip iron ore customers,” Monadelphous Managing Director Rob Velletri said. “We look forward to delivering results on this important project which continues our extensive support for Rio Tinto Iron Ore in the expansion and maintenance of its Pilbara operations over many years.” Project work will commence immediately and is scheduled for completion by the second quarter of 2013.

    Monadelphous Group Limited is a leading Australian engineering group providing services to the resources, energy and infrastructure industry sectors. The company has a solid track record in the safe and effective delivery of complex and large-scale engineering construction projects and maintenance and industrial services.

    www.monadelphous.com.au

    http://www.traderdealer.com.au/fundamentals/mnd

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