Posts Tagged ‘New contract’

    • ASX Company News: Forge Group Awarded Engineering Contract

    Thursday, August 25th, 2011

    Forge Group Ltd (FGE) is pleased to advise that Clough Forge Pty Ltd has been awarded the Early Contractor Involvement (ECI) contract for the Port Materials Handling Facilities (Package 3), for Hancock Prospecting’s Roy Hill Iron Ore Project. The scope of work involves a detailed review of all preliminary and Bankable Feasibility Study (BFS) documentation in a collaborative, open book approach with client Roy Hill Infrastructure, to assist with development of a final scope, schedule and contractual basis in order to deliver a price for the construction phase of the Package 3 works.

    Clough Forge Pty Ltd is an incorporated 50/50 joint venture between Clough and Forge Group, formed to service Australian EPC projects in the mineral, oil and gas and infrastructure industries. By combining complementary strengths in engineering and construction, Clough Forge can offer Australian resource clients a multi-disciplined, vertically integrated EPC service.

    “This is a strategically significant contract for Clough Forge” said Clough’s CEO John Smith. “Clough took a major shareholding in Forge in February 2010 with the vision of creating a partnership that enabled participation in major Australian EPC projects which would not be available to either company operating in isolation. Clough Forge combines Clough’s existing engineering-led EPC service with Forge’s complementary construction capabilities to achieve this vision and the Roy Hill Project provides the right opportunity to demonstrate the benefits of this partnership. We will work diligently with our valued client Roy Hill Infrastructure to deliver the best possible project outcomes for the ECI phase.”

    Established in 1919, Clough delivers an integrated Engineering, Procurement and Construction service primarily to oil and gas projects in Australia, South East Asia and the USA. The Group’s services range from concept development through design, construction, installation, commissioning, operations and maintenance. Forge is a Western Australian based public company. Listed on the ASX in 2007, Forge has established operations in WA and West Africa, with more than 850 staff and a suite of major clients. Forge’s position in the market is as a low overhead engineer and constructor, with a large fleet of company owned plant and equipment, servicing a broad range of industry sectors and a diverse range of clients.

    www.forgegroup.com.au

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

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    ASX Company News: WDS Secures $40 million Coal Seam Gas Project

    Wednesday, August 3rd, 2011

    WDS Limited (WDS), a leading integrated services provider to the energy, mining and infrastructure sectors  announced its Energy & Infrastructure (E&I) Division has been awarded a new contract in the emerging Coal Seam Gas (CSG) sector. Fluor Australia Pty Ltd has awarded WDS the Water to Grade General Work Contract on behalf of the Gladstone LNG Upstream Project (participants are Santos, Petronas, Total and Kogas). Contract revenue is expected to be circa $40 million with a nine month construction period commencing August 2011.

    WDS Managing Director Terry Chapman said that “this contract is one of the first to be awarded for the large CSG to LNG projects and builds on WDS’ proven experience over the past 8 years working for all the major CSG to LNG proponents”. WDS E&I Division Chief Executive Ciaran Hallinan stated that “this contract continues on from WDS’ work on Santos’ Fairview CSG project over the past 5 years where we consistently delivered on our core values of safety and quality”. The work includes the construction of gathering pipelines, well pad connections and the construction of a water treatment plant.

    WDS is a leading integrated provider of specialist development, design, engineering, construction, fabrication and maintenance related services to the cross section of energy, mining and infrastructure sectors.

    www.wdslimited.com.au

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

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    ASX Company News: Clean TeQ Holdings To Build Two Water Treatment Plants

    Friday, July 29th, 2011

    The Board of Clean TeQ Holdings Limited (CLQ) is pleased to announce that Clean TeQ has been awarded a contract to supply two water treatment plants for the processing of leachate and groundwater at two landfill sites. The project is due for completion in the first half of this financial year. The contract to the value of $1.2m is for the design, supply, installation and commissioning of the two water treatment plants to reduce ammonia and adjust pH of landfill leachate and groundwater to a quality that is suitable for disposal by trade waste discharge. The removal of nutrients, such as ammonia, is an important step in the client’s environmental strategy to reduce the nutrient load from these landfill sites. Clean TeQ has an extensive suite of water treatment technologies that reduce many of the common pollutants such as ammonia, nitrate, salts, heavy metals and hydrocarbons that are found in leachates and groundwater.

    “We are pleased to be working with a leading environmental services company in the provision of technology that provides a better overall outcome for our environment. This contract builds on our current project pipeline for the 2011/12 financial year,” said Peter Voigt, Chief Executive Officer of Clean TeQ.

    Clean TeQ (CLQ) is a leading Australian clean technology business that focuses on providing solutions for the purification of air, water and mineral resources. The Company’s technologies provide our customers with focused, fit-for-purpose solutions that are specifically targeted to “do more with less”. Clean TeQ provides innovative technologies and partners with leading technology suppliers worldwide.

    www.cleanteq.com

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

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    ASX Company News: Mint Wireless Sells 3000 Mobile Terminals

    Friday, July 22nd, 2011

    Mint Wireless Limited (MNW) announced that its 51% owned subsidiary, J&C Pacific Sdn. Berhad, a mobile airtime reload and transfer company based in Malaysia, has executed binding agreements and received orders from distributors for 3,000 mobile airtime reload and micro remittance terminals to be supplied in monthly installments from July to the end of December 2011. The value of these orders should contribute revenues to J&C in the range of RM$14 – 15M (US$4 – 5M) to the end of December 2011. The distributors will install, distribute, maintain and market the terminals for authorised resellers and agents in Malaysia. The orders follow the successful deployment of terminals since June where the monthly transaction revenues generated from these terminals significantly exceeded management’s expectations.

    “We are very pleased with the performance of the terminals to date. Given the the successful launch of our mobile airtime reload and micro remittance terminals in select locations throughout Malaysia, our distributors are now committed to scaling up the deployment of our mobile airtime terminals throughout Malaysia” said Marcus Lee, CEO of Mint subsidiary J&C Pacific. Commenting on the agreement and orders received from the Malaysia market, Mint Wireless’ CEO Alex Teoh said “J&C continues to deliver strongly on its business plan for the Malaysian market. These agreements provide Mint Wireless with an excellent foundation for achieving its targets for this financial year.” “The succcess achieved to date in Malaysia validates the market opportunity for providing a micro airtime reload and remittance solution for the unbanked in emerging markets. We believe that this will provide a solid platform to successfully roll out our solution in other dominant pre-paid airtime and remittance sending markets globally” Mr. Teoh added.

    Mint Wireless Limited’s (MNW) core businesses include innovative mobile payment services for the developed and emerging markets. Intermoni, a wholly owned subsidiary of Mint Wireless, has the sole rights to deploy a micro airtime reload and micro remittance solution that provides a cost effective and efficient mobile money transfer service to the unbanked population in emerging markets globally.

    www.mnw.com.au

    www.mintwireless.com

    www.mint-technology.com.au

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

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    ASX Company News: WDS Limited Secures Coal Seam Gas Contract

    Thursday, July 7th, 2011

    WDS Limited (WDS), a leading integrated services provider to the energy, mining and infrastructure sectors announced that its Energy & Infrastructure (E&I) Division has been awarded a new contract in the emerging Coal Seam Gas sector. Flour Australia Pty Ltd has awarded WDS the Water to Grade General Work Contract. Contract revenue is expected to be circa $40 million with a 9 month construction period commencing August 2011.

    WDS Managing Director Terry Chapman said that “this contract is one of the first to be awarded for the large CSG to LNG projects and builds on WDS’ proven experience over the past 8 years working for all the major CSG to LNG proponents.”

    WDS is a leading integrated provider of specialist development, design, engineering, construction, fabrication and maintenance related services to the cross section of energy, mining and infrastructure sectors.

    www.wdslimited.com.au

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

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    ASX Company News: Primary Healthcare Awarded New Imaging Contracts

    Wednesday, July 6th, 2011

    Primary Health Care Limited (PRY) is pleased to announce that it has been awarded new contracts to provide pathology and imaging services to public hospitals following competitive tendering processes. Primary’s Dorevitch Pathology has been awarded a multi-year contract to provide pathology services for Western Health. Western Health is the major public provider of health services for people living in western metropolitan Melbourne (one of Australia’s most rapidly expanding regions). Services are delivered at acute public hospitals located at Sunshine, Footscray and Williamstown and at Sunbury Day Hospital. Western Health manages some of the busiest emergency departments in Australia. There is an estimated requirement of more than 18,000 pathology tests per month from Western Health hospitals. The contract will see an increase in service provision of on-site pathologist services at these hospitals together with considerable savings for Western Health. These savings will allow Western Health to redeploy funding to other areas of health care need. Every dollar saved by public hospitals can be used elsewhere in front-line patient care.

    Primary’s Queensland Diagnostic Imaging and Healthcare Imaging Services have been awarded a multi-year contract to provide Imaging services to the clinicians at Tweed and Murwillumbah hospitals. The contract will ensure significant savings for the hospitals while at the same time an expansion of the services provided with the implementation of latest technology, including new CTs and MRI. Primary would like to thank both Western Health and NSW North Coast Area Health Service for awarding the contracts to our practices. Primary looks forward to working with them on the provision of high quality and cost effective diagnostics services over the years. Initial revenues estimated for the first year of these contracts is approximately $15m with significant growth opportunities due to the introduction of expanded services, combined with the above average growth and needs of these communities.

    www.primaryhealthcare.com.au

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

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    ASX Company News: NuSep Secures Three Year Contract

    Wednesday, June 29th, 2011

    NuSep (NSP) wishes to advise the market that it has signed a new three year Gels distribution agreement with Thermo Fisher Scientific. This agreement has a minimum guaranteed purchases commitment of US$850,000 over the first 15 months. This distribution agreement will provide access to NuSep’s nUView gels in the Bio-Rad and Invitrogen format cassettes which account for approximately 90% of all the gels sold in the US. The minimum purchases amount of $850,000 over the first 15 months represents a doubling of NuSep’s Gel sales over the last financial year.

    Dr Hari Nair, Managing Director of NuSep said that “This is a significant distribution agreement for NuSep as it strengthens our relationship with one of the world’s premier Life Science companies and gives us worldwide reach for our Gel products”. Mr John Manusu, NuSep’s Executive Chairman said, “Global distribution agreements like this establish the framework which will enable NuSep to achieve its goal of a 10% market share of the Gels market. “

    NuSep (NSP) is a publicly listed life sciences company that sells products into the global BioSeparations market. NuSep recently acquired BioInquire which developed the ProteoIQ software enabling NuSep to offer a total Proteomics solution from Fraction to Function. The company has offices in both Sydney Australia and Atlanta, USA. With a 30 year heritage in biological separations, NuSep has forged a world class reputation for its innovative yet simple biological separation techniques including the world’s first IVF sperm separation device. In short NuSep has redefined the BioSeparations market through innovation and simplification.

    www.nusep.com

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

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    ASX Company News: Alcoa Awarded Airbus Supply Agreement

    Tuesday, June 28th, 2011

    Alcoa (AAI) announced it has been awarded a new multi-year supply agreement with Airbus for aluminum sheet and plate products utilizing Alcoa’s current and advanced – generation aluminum alloys. The agreement is supposed to have an approximate value of US$ 1.0 million over its life. Alcoa’s leading aluminum solutions will be used virtually across all programs, from short range/single aisle to long haul/twin aisle jets including the A380 and range from fuselage panels to structural components to Airbus’ newest wing skins. The Alcoa flat rolled products will be supplied from the Company’s plant in Davenport, lowa in the U,S, Kits Green in the U.K., and Belaya Kalitva in Russia.

    Alcoa’s aerospace business comprises of 4 units with operations across the world totaling approximately $3 billion in revenues and #1 share positions in their markets. Alcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina.

    www.alcoa.com

    http://www.traderdealer.com.au/Fundamentals/aai

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    ASX Company News: Optus Secures Agreement For High Speed Broadband Customers

    Friday, June 24th, 2011

    Optus (SGT) announced that it had reached a landmark agreement with NBN Co on the migration of its Hybrid Fibre Coaxial Cable (HFC) customers to the National Broadband Network (NBN). Under the agreement, Optus will begin the progressive migration of its customers to the NBN once the network is rolled out in an area and is ready to provide services to customers currently served by Optus’ HFC network. Optus estimates the total value of the agreement as approximately A$800 million on a post tax net present value basis, with HFC customers migrated to the NBN following deployment of the network in HFC serving areas in accordance with the anticipated timetable. Payment will be received progressively on migration. Optus and NBN Co expect that the initial migration of customers to NBN infrastructure will commence in 2014. The program is expected to take up to four years to be completed across Optus’ entire HFC footprint. Optus will continue to supply services to customers using its HFC network until the NBN is built and customers have been migrated.

    Paul O’Sullivan, Optus Chief Executive said, “Optus was born in competition. This deal supports the NBN to create a level playing field for all telcos. Australian consumers will be the winners. “This agreement represents a fair deal for Optus. We intend to use the NBN to turbo-charge competition and to deliver the full potential of a 21st century digital life to customers,” Mr O’Sullivan said. Mike Quigley, NBN Co Chief Executive said, “A definitive agreement with Optus, Australia’s second largest ISP, represents a significant step in the journey towards a true level playing field for retail broadband services”.

    www.optus.com.au

    http://www.traderdealer.com.au/Fundamentals/sgt

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    ASX Company News: Worley Parsons Secures Syncrude Canada’s Contract

    Thursday, June 23rd, 2011

    WorleyParsons’ (WOR) wholly owned subsidiary, WorleyParsonsCord Ltd, has been awarded a contract for Syncrude Canada’s Aurora Tailings Management project. The contract will provide WorleyParsons with estimated revenue of CAD $600 million. The work includes engineering, procurement and construction (EPC) for tailings treatment facilities at the Syncrude Aurora Mine located north of Fort McMurray, Alberta. Work will commence immediately and is scheduled for completion in mid-year 2013.

    John Grill, WorleyParsons’ Chief Executive Officer, said: “We are delighted to receive this EPC contract award. We have a two decade relationship with Syncrude and we are pleased to have this opportunity to work with them on this exciting new project.”

    www.worleyparsons.com

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

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