Posts Tagged ‘New contracts’

Downer EDI Secures $750 million Of New Contracts

Friday, February 5th, 2010

Downer EDI Limited (DOW) announced it has secured more than $750 million worth of new contracts.  Downer Managing Director and CEO, Geoff Knox, said the new contracts which include significant wins in the rail, resources, energy and infrastructure sectors, demonstrate the market’s continuing confidence in the Group.

“These wins reinforce Downer’s position as a leading provider of rail manufacturing; mechanical, electrical and instrumentation contracting; road maintenance and construction; transmission lines; and consulting services across the Asia Pacific region,” Mr Knox said. “We have secured more than $400 million worth of contracts to deliver both standard and narrow gauge locomotives for coal haulage in New South Wales and Queensland as well as locomotives for iron ore haulage in the Pilbara,” Mr Knox said.

“Our Works division has secured more than $160 million worth of contracts for clients in Australia, New Zealand and the Pacific Islands and our Consulting division has secured new contracts with clients including VicRoads and AbiGroup.

“The Engineering division has secured approximately $120 million worth of new contracts for major clients including TransGrid and we are buoyed by the significant increase in tendering opportunities emanating from the energy and power sectors during the past few months”, Mr Knox said.

“The Mining division has signed a $77 million, three-year contract to provide blasting services to Felix Resources at its Minerva and Yarrabee Mines in Queensland, and Moolarben and Ashton Mines in New South Wales.

The Group continues to maintain a work-in-hand balance in excess of $16 billion.

www.downeredi.com

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Boom Logistics Wins Two New Contracts

Monday, December 14th, 2009

BOOM Logistics (BOL) has been awarded a major new contract with Newmont Asia Pacific (Newmont Boddington Gold) in WA. This is a rolling annual maintenance contract over 3 years providing labour, crane and lifting services. The new revenue for BOOM will be serviced from existing fleet from Frannas to 500t mobile cranes for Boddington Gold’s ongoing programmed maintenance and shutdown works.

Newmont’s Boddington Gold operation is Australia’s newest gold mine. Boddington is expected to become Australia’s largest gold producer, with an operating life of more than 24 years.

In addition to this BOOM Logistics (BOL) is pleased to announce that it has entered into a contract with the TDK joint venture to supply cranes and associated resources and services for the Barrow Island Construction Village for the Gorgon Project.

The contract is valued at approximately A$4m over 15 months, with a twelve month option to extend. It represents a major contract win related to the Gorgon Project and follows BOOM’s focus on building its position as a provider of heavy lift services to the oil and gas sectors.

TDK is a joint venture between construction and engineering industry majors Thiess, Decmil Group Limited and Kentz Group. Collectively these companies will build the 3,300-person Construction Village on Barrow Island for the Chevron operated Gorgon Project. The Construction Village project is valued at approximately $500m.

Brenden Mitchell, Chief Executive Officer of BOOM said: “This is a significant early step for BOOM following the formation of our heavy lift division. We are encouraged by this progress and remain focused on our strategy of delivering highly specialised services and new cranes into the oil and gas sectors. The natural resources sector including oil and gas sectors continue to be strong performers for BOOM. We believe we are well positioned in these sectors and our team will continue to build on our established position to take advantage of the rapidly expanding LNG markets in Australia.”  The cranes and resources are expected to start work on the island in the first half of 2010.

www.boomlogistics.com.au

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Neptune Marine Services Secures $20 million In New Contracts

Friday, November 27th, 2009

Neptune Marine Services Ltd (NMS) today announced that it has been awarded a new round of international contracts for some of the oil and gas industry’s leading operators. Spanning all of the world’s major geographic regions, the contracts include- A combined services project off the West Australian coast for global exploration and production company, Apache Energy; Various pipeline stabilisation and free span rectification projects including that for the Pipeline Replacement Project 2 being carried out by Leighton International for India’s Oil and Natural Gas Corporation; A range of inspection and maintenance support services on Australia’s North West Shelf including a five-year program of inspection services for a leading FPSO operator; Design and manufacture of specialist subsea equipment for some of the oil and gas industry’s major multinationals; and Extended fabrication scope on the Pelamis Wave Power Eon Project in the UK that generates electricity from wave energy.

Neptune’s Managing Director and CEO, Christian Lange, said the new round of work, valued at more than $20 million, was indicative of the improving domestic and international oilfield service environment.

Neptune Marine Services (NMS) is one of Australia’s leading providers of engineered solutions to the international oil and gas, marine and renewable energy industries. The company employs more than 600 people in Australia, the UK, USA and Asia and provides a full suite of innovative services including subsea and pipeline engineering; commercial diving; specialist fabrication; inspection, repair and maintenance; pipeline stabilization and protection; ROV and vessel supply; hydrographic surveying and geophysical services; project management; rope access and tension netting IRM; and the patented NEPSYS dry underwater welding technology.

www.neptunems.com

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Downer Secures $400 million Of New Contracts

Wednesday, November 11th, 2009

Downer EDI Limited (DOW) today announced its Engineering division has secured more than $400 million worth of contracts including a two-year contract valued at $170 million with Wesfarmers Curragh Pty Ltd (as a significant component of the expansion of its Curragh Mine in Queensland) and more than $90 million worth of contracts with BHP Billiton Iron Ore at its Rapid Growth Phase 5 Project in Western Australia.  Downer has also secured more than $70 million worth of electrical and instrumentation contracts for the Woodside Pluto LNG Project and additional electrical contracts with clients totaling more than $75 million.

Downer EDI Managing Director and CEO, Geoff Knox, said the new contracts demonstrate the robustness of the Group’s business model and provide a sound indication of the prevailing opportunities for the company in the mining, oil and gas, and petrochemical industries. “These wins reinforce Downer’s position as a leading provider of mechanical and electrical contracting services,” Mr Knox said. “The Curragh project, scheduled to commence in December this year, includes design and construction of a stand alone coal-processing facility to increase the mine’s total processing  capacity to 2300 t/h. The project also involves tie-ins to existing brownfields infrastructure. “We have also further grown our long-term relationship with BHP Billiton, securing contracts totaling more than $90 million with BHP Billiton Iron Ore, to provide electrical and instrumentation services for the Rapid Growth Phase 5 Port Handling Services Project at Port Hedland,” Mr Knox said.

Downer EDI Limited is an ASX -100 company that provides comprehensive engineering and infrastructure design, construction, maintenance and management services to the transport, energy, infrastructure, communications and resources sectors. The Group has more than 24,500 employees working across Australia, New Zealand, the Asia Pacific region and the United Kingdom.

www.downeredi.com

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Quickstep Holdings Secures Up To $700 million Of Aerospace Contracts

Thursday, November 5th, 2009

Australian advanced materials company Quickstep Holdings (QHL) is pleased to announce that it  has signed an MOU with global aerospace corporations Lockheed Martin Corporation and Northrop Grumman Systems Corporation intended to secure in excess of $700 million worth of potential contracts to manufacture components for the new multi-nation Joint Strike Fighter. The JSF is an  advanced composite 5th generation fighter, which represents a quantum leap in technology and capability. The Australian Federal Government is planning to acquire up to 100 of the aircraft and has been highly instrumental in generating this opportunity for Australian industry. Securing the contract would position Quickstep at the technology forefront of the global composites industry.

The MOU signed by Quickstep, Lockheed Martin and Northrop Grumman paves the way for the parties to work together to finalise an LTA for Quickstep to supply 19,325 composite doors and access panels. These parts will all be exported to the United States for incorporation into the Joint Strike Fighters globally. Quickstep hopes to complete the LTA by March 2010.  Under the contract Quickstep may supply up to 21 different components under the LTA. The parts include lower side skins, maintenance  access panels, F2 fuel tank cover, lower skin and in-board  weapons bay doors. The potential manufacturing contract under the LTA is planned to last between  20 and 30 years and could generate annual turnover of $50 million by 2015.

Quickstep Managing Director Philippe Odouard said the MOU was a major milestone in the transformation of Quickstep because it opened the door to not only a substantial JSF contract, but also to other potential defence and aerospace contracts, further validating the time and investment Quickstep has put into preparing its production facility over the past 3 years.  “The potential value of the LTA to Quickstep and to Australia cannot be overstated,” Mr Odouard  said. “As well as generating hundreds of millions of dollars in export revenue, the LTA could lead to  world-class training pportunities in the highly advanced industry of aerospace composites.

Quickstep is an Australian-based company which is at the forefront of advanced materials manufacturing and technology transfer for the global aerospace and defence industries. It has significant capabilities and expertise in the production of aerospace-grade composite components using both conventional autoclave-based manufacturing and leading edge out-of-autoclave production technologies, including its proprietary Quickstep Process.  It has established strong working relationships with several major aerospace groups and Tier OneOriginal Equipment Manufacturers (OEM’s) to the aerospace and defence sectors, and is also pursuing a range of commercial  opportunities through its global network of subsidiaries (located in Dayton, Ohio; and Munich,  Germany), as well as through Alliances with Universities (Manchester, UK and Geelong, Victoria, Australia) and   a number of Teaming Arrangements.

www.quickstep.com.au

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Industrea Secures $3.7 million Contracts At Chinese Trade Show

Thursday, October 29th, 2009

Global mining products and services provider Industrea Limited (IDL) has marked its presence at this week’s China Coal & Mining Expo 2009, announcing today the signing of more than A$3.7 million of new product orders along with a new distribution agreement.

Visiting China for the leading tradeshow, Industrea Managing Director and CEO, Robin Levison, signed separate contracts for the delivery of an AMT directional drilling and methane gas drainage system to Zibo Mining Group’s Tingnan Coal Mine in Zibo City, Shangdong Province for A$3.05, along with A$0.7m contract for the delivery of AMT gas drainage drill rods to Beijing Huajin Wanshun Machinery Co. Ltd.

The agreement signed with Hydco International Sales Company Pte Ltd is for a three-year period through to September 2012, and follows recent exclusive distribution agreements in the same market for Filter Technology Australia filtration systems and Marathon RL run flat tyre technology. Attending the opening of the tradeshow in Beijing, Mr Levison said the company had now won more than $36 million in new product contracts to Chinese customers since the start of the new financial year in July.

Industrea Limited is a diversified mining products and services group based in Australia. Industrea provides integrated mining products and services, including open cut earthmoving and equipment hire, asset management, contracting and engineering services. Industrea’s range of mining products includes open cut Collision Avoidance Systems, Underground Directional Drilling, Aboveground Directional Drilling, Contractor Management, Mobile Asset Tracking and Driver Safety Performance Index, along with a range of flame-proof and explosion-proof underground diesel vehicles for the transportation of people and longwall mining equipment. The company’s products and services are distributed on a wide geographical footprint that includes Australia, USA, South America, South Africa, South East Asia, Russia and China. Our customers include major mining companies BHP Billiton, BMA, Anglo American, Rio Tinto, Xstrata, Barrick, Vale and the major Chinese mining groups, including China Shenhua Energy Company, Jincheng Anthracite Mining Group and Shanxi Asian American Daning Co. Hydco International produces a variety of top head drive exploration drill rigs for the mineral exploration industry. HYDCO rigs have been manufactured by Hydraulic Contracting & Supply Pty Ltd for the Australian and overseas market for over 25 years,

www.hydcointernational.com

www.industrea.com.au

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Downer EDI Secures $170 million Of New Mining Contracts

Tuesday, October 20th, 2009

Downer EDI Limited today announced its Mining division has secured a further $170 million in contracts this financial year.

Downer EDI Managing Director and CEO, Geoff Knox, said that in Western Australia the Mining division had secured a 33-month contract with BHP Billion Iron Ore Pty Ltd, to quarry and crush 1.6 million bank cubic metres of fresh basalt at its Redmont Quarry southeast of Port Hedland. Mr Knox said, “This new cntract follows on from Mining’s previous contract with BHP Billiton Iron Ore at its Redmont site and we are pleased to continue our working relationship. “I am also pleased to announce the signing of a second contract in Western Australia, with the Fortescue Metals Group Ltd (Fortescue), to provide blasting services to its Cloudbreak and Christmas Creek mines as well as other deposits in the region as required,” Mr Knox said. “We have provided services to Fortescue since Cloudbreak’s start-up in 2007 and we are delighted to now formalise our continued support until 2012,” Mr Knox said. The three-year contract is for a down-the-hole loading service, which includes supply, delivery and placement of explosives. In Queensland, Downer EDI Mining has been successful in securing an extension to its Alliance Agreement with the Cracow Mining Joint Venture, managed by Newcrest Mining Limited on behalf of the joint venturers, Newcrest Mining and Lion Selection Limited. This extends the agreement relating to the Cracow underground mine until June 2011. “We have been involved with the project since its inception in 2003 and were responsible for developing the greenfield site, including establishing surface facil ities, decline and access development, and operating the new mine,” Mr Knox said. These projects take the value of new mining contracts and renewals so far this financial year to over $670 million and Downer EDI Mining’s work in hand to over $2.7 billion.

Downer EDI Limited is an Australian top-100 company that provides comprehensive engineering and infrastructure management services to the public and private transport, energy, infrastructure, communications and resources sectors, across Australia, New Zealand, the Asia Pacific region and the United Kingdom.

www.downeredi.com

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iSoft Adds Another $9 million New Contracts In September

Friday, October 2nd, 2009

Australia’s largest listed health – iSOFT Group Limited (ISF) information technology company today announced it signed contracts totalling more than $9 million in August and September.  In the largest deal, worth £1.34 million ($2.4 million), iSOFT agreed to continue supporting its patient administration system (PAS) with Frimley Park Hospital NHS Foundation Trust in Surrey, England, for a further three years. The agreement demonstrates iSOFT’s commitment to directly servicing customers in the south of England under recent changes to the National Programme for IT, which allow hospital trusts in the southern region to engage directly with iSOFT. Frimley Park is the fifth NHS trust in southern England this year to extend support agreements after upgrading to the latest version of PatientCentre PAS. The deal, which boosts the company’s global footprint to 40 countries, follows agreements with Mexico and Honduras in the past year as it seeks growth opportunities in Latin America.

In Germany, ISOFT won orders with two new customers totaling €1.08 million ($3 million). Kreiskrankenhaus Frankenberg has committed to iSOFT’s HIS for six years. Klinik Vincentinum, Augsburg, agreed on a five-year contract for a radiology information system in a license-only deal. In the Netherlands, iSOFT agreed on a services contract worth more than €500,000. In Australia, iSOFT won orders worth $1.9 million as Victoria Health continues to implement iSOFT’s i.Patient Manager solution in acute care and community care settings across the state. To date iSOFT and Victoria Health have implemented i.PM in seven agencies, with an additional three currently in progress.

“These contracts demonstrate iSOFT’s strategy of strengthening our presence in our core markets in Australia, Europe and the U.K, while at the same time leveraging our global brand by securing new customers in identified growth markets in Latin America,” said Gary Cohen, Executive Chairman & CEO.

iSOFT Group Limited (ISF) is the largest health information technology company listed on the Australian Securities Exchange, and among the world’s biggest providers of advanced application solutions in modern healthcare economies.  iSOFT works with healthcare professionals to design and build software applications that answer all of the difficult questions posed by today’s healthcare delivery challenges.

www.isofthealth.com

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Nomad Building Solutions Secures Another $43 million Worth Of Building Contracts

Friday, September 25th, 2009

Nomad Building Solutions Limited (NBS) advises that further to the announced winning of $51m of new work on 21 August 2009, its wholly owned subsidiary, Rapley Wilkinson Pty Ltd, has been awarded additional contracts valued at $43.3m, including a $27.3m contract to undertake Building Education Revolution Project (“BER”) construction works at various primary schools in the Northern Education Districts of North West Western Australia. As well as the above BER contract, other work won includes renovations and new work for State and Federal Government agencies ($9.7m) and private clients ($6.3m). All projects are located throughout the Gascoyne, Pilbara and Kimberley regions of North West Western Australia. Work will commence on a number of these projects over the next 2 months and with the BER contract programmed to continue until March 2011. Approximately 60% of the revenue from the contracts will be realised in the 2009/2010 financial year.

NBS’ Managing Director, Alan Thomas, said the winning of these projects is an excellent result for Rapley Wilkinson with the Federal Government’s Building Education Revolution award being particularly significant. “Rapley Wilkinson has undertaken  construction works for Local, State and Federal government agencies for more than 30 years.  With this experience we are confident that this BER contract will be the first of many more to come as the company assists government in this massive nation building exercise.”

Other companies in the Nomad Group include the Western Australian and Queensland based modular construction specialist Nomad Modular Building, the transportable homes manufacturer McGrath Homes, Brisbane-based factory constructed home specialist Halley Homes and the Western Australian steel and modular concrete floor slabs manufacturer, RTS Group.

www.nomadbuildingsolutions.com.au

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Industrea Secures More Chinese Contracts

Thursday, September 17th, 2009

Global mining products and services provider Industrea Limited (IDL) today announced the signing of another $7.5 million worth of China contracts, as the company continues to deliver the leading productivity and safety equipment required for the nation’ s expanding coal producers. Building on its strong established relationship with Chinese coal miner Inner Mongolia Yitai Coal, Industrea subsidiary, Wadam Industries will supply four Australian-built Industrea Mining Equipment (IME) high productivity 40 tonne longwall roof support carriers for a total value of $5 million. An additional $2.5 million worth of contracts for the supply of spare equipment have been signed with Beijing Huajin Wanshun Machinery Co and Jincheng Mining Group, proving the value of Industrea’s recently established product support centre in China and its capacity to deliver new and recurring revenue streams.

Industrea Managing Director and CEO, Robin Levison, said the latest contracts were further validation of the company’s commitment to the Chinese market, and its partnership with the leading producers in boosting productivity and safety across the industry. “Industrea has continued its strong order flows in the new financial year, having announced more than $33 million of new product contracts, or in excess of $10 million per month in sales, to the Chinese market since July 1. At present, there is no sign of this pace slowing,” Mr Levison said. “Major customers such as China Shenhua Energy, which is China’s biggest coal producer, have announced plans to double coal output capacity, and this trend is set to deliver a stream of contract wins to Industrea due to our strong track record and service delivery.” “By deepening existing relationships and also winning new customers across the country, Industrea is set to increase both new product orders along with recurring income streams from training, maintenance, spare parts and other support services in the world’s biggest coal market.”

Industrea subsidiary IME has developed a range of industry leading flame-proof and explosion-proof underground diesel vehicles, including the world’s largest longwall roof support carriers for China Shenhua Energy’s Shendong Mine. The size and complexity of the Australian-built equipment produced by IME continues to set new trends in international underground mining.

www.industrea.com.au.

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