Posts Tagged ‘New contract’

ASX Company News: Neptune Marine Secures Secures MODEC Contract

Wednesday, November 21st, 2012

Neptune Marine Services Limited (NMS) is pleased to announce it has been awarded a contract from MODEC to complete new works at the MODEC Venture 11 floating production, storage and offloading facility (MV11) in the Carnarvon Basin located 160 kilometres north of Karratha, WA.  The contract will deliver revenue  of  approximately  $6  million.    Neptune  will  be  using  a  vessel supplied  by  Singapore‐based  Pacific  Radiance  Group  to  complete  the  job.    Work  is  expected  to  be  performed in January 2013.

Neptune  Chief  Executive  Officer  Robin  King  said  it  is  an  exciting  contract  for  Neptune  which  demonstrates our ability to win work for major clients and deliver total engineered solutions for our  clients utilising a number of our services.  “It is also pleasing that we continue to develop our relationships with key service providers such as  Pacific Radiance to deliver on work.  We are pursuing follow on work for other clients in Australia.”

Neptune is a leading provider of services and integrated engineered solutions to the international oil and gas, marine and renewable energy industries. Its services include asset integrity, commercial diving, geophysical and geotechnical survey, manufacturing, testing and assembly, wet welding (including NEPSYS®), pipeline stabilisation and protection, remotely operated vehicles, subsea and pipeline engineering, surface and subsea positioning, and topside inspection, repair and maintenance.

www.neptunems.com

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ASX Company News: WDS Limited Awarded $280 Million Gas Contract

Monday, September 24th, 2012

WDS Limited (WDS) is pleased to announce the award of a major $280m contract with Australia Pacific LNG for the gas gathering works associated with 345 wells in South East Queensland.

WDS Managing Director and CEO Terry Chapman said: “This contract is a major step for WDS’ Energy & Infrastructure division and at $280m in value, with the option to extend for a further four years, the contract is WDS’ largest single contract to date. The Australia Pacific LNG Upstream works illustrates the continued growth of the Queensland Coal Seam Gas (CSG) sector and justifies our continued investment in plant, equipment, personnel, systems and procedures required to undertake projects of this nature.”

The Australia Pacific LNG contract is valued at $280m over three years and can be extended for a further four years (two extensions of two-years). The work scope is part of Australia Pacific LNG’s Upstream Project and includes site preparation works for 345 well lease pads, 280km of access tracks, 760km of gas and water pipelines, together with high voltage power distribution and fibre optic communication cabling. Additionally, WDS will be installing and pre-commissioning all of the electrical and mechanical equipment associated with the 345 wells. The work area is located at Reedy Creek/Combabula, near Roma, in South East Queensland, ideally situated to be supported by WDS’ extensive engineering and support facilities located at Roma, Dalby, Yatala and Brisbane.

The awarding of this contract will increase WDS’ workforce directly involved in CSG activities to more than 700, and confirms WDS’ place as one of the leading contractors to the CSG sector.

www.wdslimited.com.au

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ASX Company News: Unilife Secures Seven Year Syringe Supply Contract

Wednesday, June 20th, 2012

Unilife Corporation (UNS) announced the signing of a seven-year commercial supply contract with a pharmaceutical company for the Unifill® ready-to-fill (prefilled) syringe. This supply contract for the Unifill syringe relates to the planned launch of a generic equivalent of an approved auto-immune therapy that is currently available in a standard prefilled syringe format for use across several indications. An exclusivity fee will be added onto the negotiated unit price of the Unifill syringe when agreed exclusivity conditions are met. Unilife will grant to the pharmaceutical customer an exclusivity of supply right for the Unifill syringe for a specific indication and Western European geography.

Mr. Alan Shortall, CEO of Unilife, said, “Pharmaceutical companies are actively seeking access to innovative, differentiated devices for delivery of their brand name, generic and biosimilar drugs. The long-term supply contract that we have signed today underscores this growing trend and demonstrates how our proprietary portfolio of innovative device technologies can enable and enhance their commercial strategies for injectable drugs. “Through the pairing of the Unifill syringe with their drug, this pharmaceutical customer can set a new benchmark for safety and functionality within this high-value therapeutic class, and turn compliance with needlestick prevention laws into a competitive market advantage. We look forward to building a strong relationship with this pharmaceutical customer to help them generate powerful differentiation and market demand for their drug.

Unilife Corporation (UNS) is a U.S. based developer and commercial supplier of advanced drug delivery systems. Unilife collaborates with pharmaceutical and biotechnology companies seeking innovative, differentiated devices that can enable or enhance the delivery of injectable drugs and vaccines supplied in either a liquid stable or lyophilized form. The Unifill syringe, the world’s first and only prefilled syringe with fully integrated safety features, sits at the leading edge of this diversified portfolio. In addition to prefilled and hypodermic safety syringes with automatic, user-controlled needle retraction, Unilife has other proprietary technology platforms including drug reconstitution delivery systems, auto-injectors, auto-infusion pump systems and specialized devices for targeted organ delivery. Unilife’s global headquarters and state-of-the-art manufacturing facilities are located in York, PA.

www.unilife.com

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ASX Company News: Service Stream Secures National Broadband Network Contract

Wednesday, June 20th, 2012

Service Stream (SSM) is pleased to announce that it has been awarded the contract to build new estates for NBN Co in Western Australia, South Australia, New South Wales and Northern Territory. This contract is in addition to the NBN new estates services currently being provided to Fujitsu. Service Stream estimates that the work from both contracts will generate revenue of $100m over the next 18 months.

Service Stream is a public company listed on the Australian Stock Exchange (Code: SSM) with 2010/11 revenues of A$633 million. The Company is an industrial services enterprise with proven outsourced infrastructure deployment, management and service capabilities operating out of more than 50 locations throughout Australia. Service Stream’s technical workforce of over 4,000 employees and contractors supports large asset owners on the deployment, management and servicing of essential network infrastructure in the telecommunication, electricity, water and gas sectors.

www.servicestream.com.au

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ASX Company News: Decmil Secures $137 million In New Contracts

Tuesday, May 15th, 2012

Decmil Group Limited (DCG) is pleased to announce it has won a major new contract with Fortescue Metals Group (FMG) as well as variations to two other significant current contracts, totalling $137 million in value. The Company’s subsidiary Decmil Australia will construct facilities for FMG’s T155 Rail support infrastructure project in the Pilbara region of Western Australia, which will allow for an increase in FMG’s iron ore exporting capacity. This will include the construction of a new rail car workshop, amenities building and administration centre; carrying out modifications to an existing workshop; co-ordinating the fit-out of the new rail car workshop; and the design and construction of a locomotive provisioning building and rail operations office.  The contract value is approximately $50 million.

In addition to the new contract, Decmil has secured variations to two current contracts: Additional accommodation to be added to a rail camp being constructed for FMG in the Pilbara (as initially announced 16 February 2012) with a contract variation for circa $40 million. Additional rooms to be added to the Fly Camp for the Chevron-operated Wheatstone LNG Project near Onslow, Western Australia (as initially announced 11 October 2011). The contract variation is for approximately $47 million increasing the total contract to $119 million.

Decmil Group Limited Chief Executive Officer Scott Criddle said: “These wins demonstrate our ability to add significant value to key customers, providing innovative and flexible solutions to their requirements on major projects.”  Decmil Group Limited (DGL) is a leading design, civil engineering and construction company, focussed on delivering integrated solutions to blue-chip clients in Australia’s oil and gas, resources and infrastructure sectors.

www.decmil.com.au

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ASX Company News: Diploma Group Secures Two Significant Construction Contracts

Tuesday, April 17th, 2012

Leading Western Australian construction company Diploma Group (DGX) confirm the award of two significant contracts worth a total of $55 million. The projects include a $20 million contract for the construction of Move apartments in South Beach for boutique developer Match and a $35m appointment for long term client TRG Properties in Port Coogee.

A formal contract has been executed with Match Properties for the construction of 107 apartments over three levels in South Beach Fremantle. The award of this contract, which commences within 4 weeks, follows the award of the Summer Apartment contract for Match, also in South Beach, which is scheduled for Practical Completion in June 2012. The project is expected to run for 59 weeks with completion in June 2013.

A Binding Heads of Agreement (HOA) has been executed with a subsidiary of TRG Properties for the award of a contract to construct 101 apartments in the recently established Port Coogee marina precinct. Designed by architects Cameron Chisholm and Nicol, the building will consist of 1, 2 & 3 bedroom apartments over 7 levels and have panoramic views of the ocean. The Binding HOA is subject to sufficient presales being secured in the development with construction anticipated to commence in September 2012. The contract duration is anticipated to extend for 17 months.

Commenting on the award of both contracts, Diploma Group CEO Nick Di Latte said “we are delighted to have been appointed as head contractor by both Match & TRG Properties on these exciting projects. The Move project will be our fifth for the Match Group and follows the successful completion in December 2011 of Stage 1 of Fort Knox redevelopment in Fremantle for Match.”

“We are equally pleased to have been appointed by TRG to construct Ocean Edge, in what will be our sixth project for this client. The confidence shown by our clients in awarding us these contracts, are a strong endorsement of our reputation for the construction of quality buildings in Western Australia, and as a business we are particularly proud of.”

www.diploma.com.au

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ASX Company News: Electro Optic Systems Secures $25 million Remote Weapons Order

Wednesday, February 29th, 2012

Electro Optic Systems (EOS) has announced a new contract valued at $25 million for the manufacture and delivery of remote weapon systems over the next 30 months for an existing customer.

Announcing the contract, the Chief Executive of EOS’ Defence Systems business, Mr Mark Bornholt, said: “This order is for our most advanced model of remote weapon system and brings to over 300 units the total number of orders for this model. It will be filled in EOS’ production facilities in Australia and the USA. “This product has been in reliable production in the exact configuration now ordered for more than12 months and no changes to our supply chain or production processes will be required. This order will see production of that configuration continue with regular monthly shipments to late in 2014. “We expect a significant proportion of this order will be produced in Huntsville, Alabama, under the consolidation of remote weapons system capabilities announced by EOS in December 2011.”

EOS develops, manufactures and sells sophisticated aerospace technology with a wide range of applications through two business divisions – military and space. EOS’ remote weapon systems enable a weapon to be fired rapidly and accurately by a gunner safely relocated away from the weapon. Typically the technology is applied for mounting weapons on the top of an armoured vehicle, and the gunner inside the vehicle. EOS remote weapon systems have been produced in significant numbers for US Army, NATO forces, Australia, and other countries around the world.

www.eos-aus.com

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

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ASX Company News: Leighton Secures Another Middle East Contract

Tuesday, February 28th, 2012

Dubai International Real Estate (DIRE) has signed a contract with Habtoor Leighton Group (HLG),  a subsidiary of Leighton (LEI),  for the AED 480 million (USD 130 million) Package #7 of the “Jewel of the Creek” development in Port Saeed, Dubai, UAE. HLG’s contract involves the construction and completion of the substructure works for four basement levels and ground floor slabs on the waterside site between Al Maktoum Bridge, Baniyas Road and the Floating Bridge.  The site has already been fully excavated and piled and HLG’s scope of work includes construction of all rafts and four-level basement slabs; construction of the project’s ground floor slab; embedded MEP works (first fix); miscellaneous earthworks, re-anchoring of diaphragm walls, pile cutting and trimming, waterproofing works and reinforced concrete works.

H.E Khalil Al Sayegh stated that the project will set a benchmark for future DIRE developments and that it will be one of the much sought after addresses in Dubai. HLG Chairman Riad T. Sadik welcomed the new project to HLG’s project portfolio and said, “We are confident that this landmark development will be a great success.” HLG CEO and Managing Director Laurie Voyer commented on the signing saying, “The award of the project demonstrates that HLG has an established reputation and is a preferred contractor by major clients in the Dubai market.”

Construction works on Package #7 have already begun and completion is expected in August 2013. The Habtoor Leighton Group (HLG) is one of the leading diversified international contractors in the Middle East and North Africa. The Group operates in the UAE, Qatar, Kuwait, Saudi Arabia, Oman, Bahrain and Afghanistan. HLG is part of the Leighton Group, Australia’s largest project development and contracting group with annual revenues exceeding US$18 billion.

www.leighton.com

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

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ASX Company News: Viterra Secures Canadian National Rail Contract

Wednesday, December 21st, 2011

Viterra Inc. (VTA) and Canadian National Railway announced that they have signed a new service improvement agreement, which will strengthen Viterra’s rail-based supply chain with CN. Under the agreement, Viterra and CN will work together to review supply chain key performance indicators, cooperate on planning and forecasting, and address supply chain issues in a timely manner. The agreement is based on the belief that the actions of all supply chain participants affect the performance of the entire chain.

“At CN, we know that what gets measured can be improved,” said Claude Mongeau, President and Chief Executive Officer of CN. “We believe our innovative agreement with Viterra will lead to greater supply chain efficiency, from the Canadian prairie elevators, to the export vessels. Our agreement with Viterra builds on the success of CN’s Scheduled Grain train operation that has already delivered fundamental gains in grain industry supply chain performance. CN spots hopper cars at specific country elevators, at scheduled times, on scheduled days, every week. Our aim with this supply chain agreement is to further improve upon this service to help Viterra better compete in world markets.”

Viterra provides premium quality ingredients to leading global food manufacturers. Headquartered in Canada, the global agri-business has extensive operations across Canada, the United States, Australia and New Zealand, as well as a growing international presence that extends to offices in Japan, Singapore, China, Vietnam, Switzerland, Italy, Ukraine, Germany, Spain and India. Driven by an entrepreneurial spirit, Viterra operates three distinct business segments: Grain Handling and Marketing, Agri-products and Processing. Viterra’s expertise, close relationships with producers and superior logistical assets allow the Company to consistently meet the needs of the most discerning end-use customers, helping to fulfill the nutritional needs of people around the world. CN – Canadian National Railway Company and its operating railway subsidiaries –spans Canada and mid-America, from the Atlantic and Pacific oceans to the Gulf of Mexico, serving the ports of Vancouver, Prince Rupert, B.C., Montreal, Halifax, New Orleans, and Mobile, Ala., and the key metropolitan areas of Toronto, Buffalo, Chicago, Detroit, Duluth, Minn./Superior, Wis., Green Bay, Wis., Minneapolis/St. Paul, Memphis, and Jackson, Miss., with connections to all points in North America.

www.viterra.ca

http://www.traderdealer.com.au/Fundamentals/ASX-Companies/vta

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ASX Company News: VDM Group Awarded $30.6 million Contracts By BHP Billiton

Wednesday, November 30th, 2011

VDM Group Ltd (VMG) is pleased to announce it has been awarded two significant contracts valued at $30.6 million by BHP Billiton. The two new contracts have taken the total value of work won by VDM this financial year to more than $130 million. VDM Construction has been awarded a variation to its contract for BHP Billiton Iron Ore on its Central REG Camp project near the Area C minesite. The variation is for the main installation of the Central REG Accommodation Camp and is valued at $21.4 million. Work will commence immediately and is due for completion in August 2012. A second contract has also been awarded to VDM Construction by BHP Billiton Petroleum Pty Ltd for the design and construction of administration control and warehouse maintenance buildings at its Macedon Gas Project, located near Onslow in WA. Work on the project will commence immediately and is due for completion in July 2012.

VDM Group Chief Executive Officer, Andrew Broad, said the contracts were further evidence that the industry-wide hiatus in the award of new contracts was abating. “It is very pleasing to be awarded these projects and we are confident that VDM is close to the formal awards on several other projects,” Mr Broad said.

VDM Group is a design and construction company that services the mining, oil & gas, infrastructure, civil and transport sectors. VDM’s highly skilled engineers develop innovative technical solutions for clients and deliver projects that are cost effective, reliable and sustainable.

VDM’s construction projects include mine accommodation, mine upgrades, non-process infrastructure (workshops, support buildings, etc) and lifting the world’s largest autogenously grinding mills. Contracting projects include land and marine earthworks, breakwaters, seawalls, mining services such as rock crushing, screening and ore handling, tailings dam construction. Its engineering capabilities offer structural, civil, environmental and specialised engineering services.

www.vdmgroup.com.au

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

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