Posts Tagged ‘New contracts’

ASX Company News: Clough Secures $145 million Of Contracts For PNG LNG Train

Monday, January 30th, 2012

Engineering and construction company Clough Limited (CLO)  announced that the Clough Curtain Joint Venture (CCJV) has received work orders worth approximately A$145 million associated with the PNG LNG Upstream Infrastructure contract. The PNG LNG Project is an integrated development that includes gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities. Participating interests are affiliates of Exxon Mobil Corporation (including Esso Highlands Limited as operator, 33.2 percent), Oil Search Limited (29.0 percent), National Petroleum Company PNG (PNG Government, 16.6 percent), Santos Limited (13.5 percent), Nippon Oil Exploration (4.7 percent), Mineral Resources Development Company (PNG landowners, 2.8 percent) and Petromin PNG Holdings Limited (0.2 percent).

Established in 1919, Clough delivers an integrated Engineering, Procurement and Construction service to oil and gas and mineral resources projects primarily in Australia and South East Asia. The Group’s services range from concept development through design, construction, installation, commissioning, operations and maintenance.

www.clough.com.au

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

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ASX Company News: UGL Secures $190 million Of New Contracts

Monday, January 16th, 2012

UGL Limited (UGL)  announced that it has successfully secured approximately $190 million in new contract wins and renewals with various government, banking and corporate sector clients to deliver key integrated property and facilities management services in Australia and New Zealand. Key contract highlights include: a three year renewal of the integrated property and corporate real estate services contract with the National Australia Bank; a  four year extension of the property services contract for the Commonwealth Owned Overseas Estate as represented by the Department of Foreign Affairs and Trade; a two year renewal of the facilities maintenance services contract with the Sydney Airport Corporation Limited; a new five year contract with the Department of Infrastructure & Transport for the delivery of property and accommodation services; and a new contract for IHG (Intercontinental Hotels Group) Australasia for the implementation of energy saving initiatives including building management systems, hotel room control systems and lighting.

UGL’s Managing Director and CEO, Richard Leupen, said “These recent contract wins within our property services business reflects the momentum we are continuing to build as the emerging leader in global property services. By leveraging our local and global capabilities, we are able to attract new blue-chip clients as well as retain quality projects across our core customer base placing us at the forefront of outsourced property services.”

UGL Limited (UGL) is a global leader in engineering, property services and asset management and maintenance operating in the water, power, transport, resources and property sectors. It consists of four divisions – UGL Infrastructure, UGL Rail, UGL Resources and UGL Services. Headquartered in Sydney, Australia, UGL Limited operates worldwide across 45 countries employing approximately 56,000 people.

www.ugllimited.com

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

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ASX Company News: Atcor Medical Secures Two New Contracts

Tuesday, October 11th, 2011

AtCor Medical (ACG), the developer and marketer of the SphygmoCor® system which measures central aortic blood pressures and arterial stiffness noninvasively, announced that it has signed two new contracts to supply SphygmoCor systems and clinical trial support services to major international pharmaceutical companies. The agreements represent a substantial contract with a new customer for AtCor and expansion of a contract with an existing customer. The total combined value of the contracts is US $1.86 million.

Duncan Ross, CEO of AtCor Medical said, “We are very pleased to sign these contracts, which provides an opportunity to work with a new client and further expand our business with an existing client. This growth of our customer base is a strong endorsement for AtCor and demonstrates both increased penetration and market adoption for measuring central aortic pressures in the pharmaceutical trials sector. To fully understand drug effects in both a population and an individual, you must measure central aortic pressures.”

AtCor Medical develops and markets products for the early detection of cardiovascular risk and management of cardiovascular disease. Its technology allows researchers and clinicians to measure central aortic blood pressure non-invasively. The company’s SphygmoCor® system visibly identifies the effects of reflected blood pressure in the central aortic pressure wave, effects which cannot be detected with standard blood pressure monitoring.

www.atcormedical.com

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

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ASX Company News: Hydrotech Secures Three New Contracts

Monday, August 8th, 2011

Hydrotech International Limited (HTI) is pleased to announce that it has been awarded three further waterproofing contracts for Bank of America Tower (managed by Jones Lang La Salle), The Ruttonjee Centre (managed by CB Richard Ellis) and the Hong Kong Club. These are all high profile buildings within the central business district of Hong Kong. The combined value of these three projects is approximately AUD80k which when added to the recently announced HSBC contract, is approximately AUD300k worth of contracts awarded to Hydrotech this week.

The award of these projects firmly establishes Hydrotech Waterproofing Solutions as a supplier of premium waterproofing solutions to Grade A commercial buildings in Hong Kong and is leading to further acceptance of our systems by designers and specifiers of waterproofing systems. These projects add to the growing list of blue-chip clients that Hydrotech are presently working with – these include Cathay Pacific, MTR, ATL Logistics Company, AsiaSat, The Hong Kong Jockey Club and The New World Group.

www.hydro-usl.com

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

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ASX Company News: Norfolk Group Secures Two Major Electrical Contracts

Wednesday, July 27th, 2011

Integrated engineering services company, Norfolk Group Limited (NFK), has been awarded two new contracts at major resources projects in Western Australia and Queensland. Norfolk’s electrical and communications division, O’Donnell Griffin, has won a contract worth approximately $37 million for works relating to a major underground minerals project in the Kimberley in Western Australia. It has also recently been awarded a $19 million contract for works at an expansion of an existing coal mine in Queensland’s Bowen Basin. The contract wins are in line with Norfolk’s strategy to focus on key growth sectors of the economy and to build on O’Donnell Griffin’s significant capabilities in the resources sector.

Glenn Wallace, Managing Director of Norfolk Group, said: “These new contract awards are a strong endorsement of Norfolk’s ability to deliver specialised services on significant, large-scale resources projects. “O’Donnell Griffin has recognised expertise and a proven track-record for implementing works on a range of major mining projects around the country and these wins reinforce that reputation.”

For the Queensland coal mine project, O’Donnell Griffin will undertake the supply, construction, installation and commissioning of electrical and instrumentation, civil, and structural and mechanical works. It will involve up to 60 specialised technicians, including project management staff, High Voltage / Low Voltage (HV/LV) electricians, civil earthworks operators, and structural and mechanical fitters. The works will commence during August 2011 and will continue for approximately 10 months. The contract at the Western Australia minerals project involves electrical and instrumentation works for the construction and commissioning of underground crushing, conveying and dewatering facilities, together with associated workshops and services infrastructure. It will involve up to 90 O’Donnell Griffin technicians, including HV/LV electricians, HV/LV joiners, HV testers and communications technicians. The implementation of the contract will begin immediately and works will continue for approximately 14 months.

Norfolk is a leading provider of integrated engineering services in the electrical, HVAC (heating, ventilation and airconditioning) and facilities management markets. Norfolk employs more than 3,500 people, including highly skilled engineers, electricians, plumbers, air conditioning technicians and apprentices, across more than 150 sites throughout Australia, New Zealand and Asia. Norfolk has more than 19,500 customers across a range of sectors including infrastructure, industrial, commercial, resources, retail, government and communications.

www.norfolkgl.com

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

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ASX Company News: Australasia Consolidated Secures New Contracts

Wednesday, June 22nd, 2011

Australasia Consolidated Ltd (AAO) is pleased to announce that Emerchants Ltd has secured several contracts with customers including Monadelphous, GoodStart Childcare, Cardno and City Finance. Emerchants’ contract with GoodStart Childcare represents a significant extension of an existing relationship, while the remaining contracts are with new customers for Emerchants. Under the terms of the contracts, it is expected that Emerchants will issue 40,000 new cards over the next 12 months. The new contracts follow Australasia’s recent announcement of an agreement to acquire 100% of Emerchants, a leading player in the pre-paid financial cards market in Australia. Australasia also announced a capital raising of $10 million, on which it has received firm commitments for the full amount.

”The new contracts highlight Emerchants unique combination of features and technology, as they have been secured across a range of applications including traditional areas of rewards and loyalty cards and also the growing area of corporate expense management,” Mr Browning said.

The new contracts relate to corporate expense management, gift cards and a rewards program. The rewards program provides customers with instant access to funds, point of sale rebate and the ability to offer discounts through alliance partners. Corporate expense management allows an employer to grant almost instant access to corporate expenses facilities, provides unprecedented oversight and control over expenditure, and simplifies reconciliations and accounting work. The recent launch of Emerchants’ corporate expense management application has cemented its position as the leader in the growing area of corporate expenses.

Australasia will be a financial services company that Australasia is holding an Extraordinary General Meeting for shareholders on 29 June 2011 in Perth to specialises in the pre-paid financial card market. Australasia has an agreement to acquire decide on resolutions relating to Australasia’s proposed acquisition of Emerchants and change of Emerchants, a leading provider of pre-paid financial cards in Australia. Australasia is focused on the business activities. Emerchants is a leading provider of pre-paid financial cards with a number of high profile clients.

www.australasiaconsolidated.com.au

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

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ASX Company News: AJ Lucas Secures $200 million Of New Contracts

Saturday, April 16th, 2011

AJ Lucas (AJL) wishes to announce the award of new work totaling $200 million across the Drilling Services and Building Construction and Infrastructure divisions. The Drilling Services division has been awarded new contracts valued at $160 million for various durations for 1-4 years in Queensland. Clients include Anglo Coal, Arrow Energy and SANTOS and activities will include Coal Seam Gas Exploration, Surface to In-seam (SIS) and Exploration. Contracts in relation to this work have either been signed or are in the process of being finalized, and the Company believes that it is in a very competitive position to win additional work, particularly SIS work on other projects as demand for the Company’s steering and engineering expertise continues to grow in this area.

AJ Lucas Chairman and Chief Executive Officer, Mr Allan Campbell said, “Demand for our drilling services is stronger than ever. We are seeing the results of our commitment to safer and more efficient drilling services. The Company continues to attract a high contract renewal rate from blue chip clients.”

BC&I division has been recently awarded multiple contracts worth over $40 million for new work in the water, pipelines and infrastructure sectors. The highlights include $20 million contract for the design and construction of a new waste water treatment facility for the town of Robertson in New South Wales and a $10 million upgrade of the Mayfield to Broadmeadow waste water transfer station on behalf of Hunter Water Corporation.

Lucas is a leading provider of specialist infrastructure and mining services and is the largest supplier of drilling services to Australia’s coal and coal seam gas industry, construction, civil and property services. AJ Lucas is also a proven developer of unconventional hydrocarbon properties.

www.lucas.com.au

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ASX Company News: Swick Mining Services Secures New Drilling Contracts

Saturday, April 2nd, 2011

Swick Mining Services (SWK) is pleased to announce that in recent weeks it has been awarded a number of contracts and contract expansions that will increase its rig utilization by a total of nine rigs by Q1 FY12. The company is also pleased to announce that a number of significant contract renewals have also been achieved. The new drilling contracts and renewals are expected to significantly bolster revenues and lead to improved profitability in the medium term. In addition to the recent new awards and contract renewals referred to above, the Company is also tendering on a number of prospects both in Australia and North America and expects to continue to improve rigs in work as the calendar year 2011 unfolds.

Kent Swick, Managing Director of Swick Mining Services stated, “The Company has had a very successful period in recent weeks, securing a number of contract award and renewing contracts with a number of existing clients.”

Swick Mining Services (SWK) is one of Australia’s largest mineral drilling contractors, providing high quality, high value underground and surface drilling services to a diverse group of mining houses in gold, iron ore, nickel, copper, lead, zinc and manganese. The Company has a strong reputation for innovation in rig design and drilling practices.

www.swickmining.com.au

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

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ASX Company News: WDS Secures Two New Contracts

Friday, March 25th, 2011

Leading integrated services provider to the energy, mining and infrastructure sectors WDS Limited (WDS) announced its E&I Division has been awarded new contracts  with Whitehaven  Coal  and  AGL  Limited.

WDS Managing Director Terry  Chapman said  “These projects, with combined revenue  of $35m, will continue to build WDS’ fabrication, CSG field infrastructure  and  drilling  operations  whilst  delivering  on  our  core  values  of  safety and quality.” The contract with Whitehaven Coal continues WDS’ involvement at their Narrabri operations, the  first  contract  negotiated  by  WDS  following the  acquisition  of WDS  Titeline in  2009  to diversify the drilling customer base. Mr Chapman stated that this was a 2 year contract for Surface in Seam (SIS) and Vertical Production (VP) Drilling, including well management for gas drainage works at Whitehaven’s Narrabri coal mine in NSW. WDS is also pleased to continue its relationship with AGL with the award of a contract for the construction of the Silver Springs Gas Storage Project.  The work involves the engineering, procurement, fabrication and construction of all civil, pipeline, mechanical, compression and electrical & instrumentation components.

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: NewSat Has Secured A Number Of New Contracts

Wednesday, March 9th, 2011

NewSat Limited (NWT) announces a number of new contract wins signed during this quarter. The business contract wins are across several separate projects with a number of blue chip customers. Some of them are 30 high-grade new contracts totaling $1 million in revenue; Several new contracts on oil, mining and gas exploration sites in the remotest regions of Australia; Installs and additional contracts include Atlas Iron, Crescent Gold, Apache Energy, Austral Construction and Esso Highlands PNG (a subsidiary of Exxon Mobil).

“This demonstrates the strength and consistency in our core business offering and our focus on high value and growth markets. We continue to work vigorously in ensuring our day to day results are generating the ambitious targets we set. Calendar year 2011 is shaping up to be a groundbreaking year for NewSat as we progress every phase of our Jabiru Satellite Program towards a 2013 launch of  Jabiru-1 and development of further Jabiru constellations” said Adrian Ballintine,

NewSat Limited (NWT) is Australia’s largest specialist provider of satellite capacity delivering voice, data and video communications via satellite. With its unique-to-Australia teleport infrastructure in Perth and Adelaide, NewSat provides a full range of managed satellite communication services and has established a reputation as the partner of choice for governments, corporations and private enterprises.

www.newsat.com

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

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