Posts Tagged ‘New contracts’

  • ASX Company News: Ausenco Secures Chilean Projects

    Thursday, February 24th, 2011

    Ausenco Limited (AAX) announced the award of design engineering study work for two new pipelines and the port marine facilities for the Quebrada Blanca Phase 2 Project in Chile. The project, which is majority owned by Teck Resources Limited, involves evaluating the construction of a new copper concentrator, tailings management facility and pumping and pipeline installations for transporting copper concentrate and water to and from the port.

    Ausenco CEO Zimi Meka said the new Evaluate and Innovate phase work was a pleasing win for the  Process Infrastructure business and built on the pre-feasibility study work the company completed last year. “Our businesses combined to work on the early stage study of the Quebrada Blanca project previously, giving us a strong understanding of the project and clients’ requirements,” he said. “Our involvement in this project is a clear demonstration of the collaborative efforts of our highly skilled  teams.”

    Ausenco sets high global standards for leading edge engineering and project management services in the resources and energy sectors. We’re a growing company with big ambitions that thrives on reaching into new markets. Across 32 offices in 20 countries, our people seek ingenious solutions for our clients in the Energy, Environment & Sustainability, Minerals & Metals, Process Infrastructure and Program Management sectors. We’re inspired to make a genuine positive impact on the world around us and in the communities in which we operate.

    www.ausenco.com

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

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    ASX Company News: Koon Holdings Secures $45 million in New Contracts

    Thursday, December 9th, 2010

    Koon Holdings Limited, (KNH) one of Singapore’s largest civil engineering, reclamation and shore protection specialists, is pleased to announce that its subsidiaries, Koon Construction and Transport Co. Pte Ltd (“KCTC”), Econ Precast Pte Ltd (“EPPL”) and Construction Technology Pte Ltd (“Contech”) have been awarded several new Government projects worth S$45.7 million (A$35.31 million).

    “Buoyed by renewed demand for public sector civil engineering works, the Group has been able to secure S$37.5 million worth of projects for its construction division since the start of this year.  This optimism is expected to continue into the last quarter of the year, as another 49 civil engineering projects are set to come up for tender.   In addition, we are also starting to reap the benefits from our upstream move into precast products. Our position as one of Singapore’s largest precast players has certainly played a part in us more than tripling the size of our precast order book since August 2010.” - Mr Tan Thiam Hee CEO of Koon Holdings

    Singapore 609269KCTC will begin construction of an infrastructure project in the eastern part of Singapore for a Government agency which is expected to last 18 months. This latest contract win boosts the Group’s total outstanding construction order book to S$283.9 million (A$219.3 million) or S$58.9 million (A$45.5million) excluding its delayed Vietnam project.

    Separately, the Group’s recently acquired precast division has continued to ride on the Housing Development Board’s (“HDB”) ramp up in new flat supply to secure 3 new precast contracts.  Under the scope of the contracts, Koon will produce, supply and deliver a series of precast components, like ferrolite partition walls, prestressed & non-prestressed planks, beams, columns, facade walls, gable end wall, household shelter, staircase, aircon ledge, refuse chute and water tanks, to various HDB projects. The contracts will span a duration of 15 to 24 months and increases its precast order book to S$34.0 million (A$26.2million). Demand from HDB looks set to drive demand for precast products in the near term with total new flat supply expected to reach 17,700 in 2010.

    These projects are not expected to materially affect the Group’s performance for the financial year ending 31 December 2010.

    http://www.koon.com.sg

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

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    ASX Company News: NewSat Secures New Contracts

    Friday, December 3rd, 2010

    NewSat Limited (NWT) announces a number of new significant contract wins signed during November. The business contract wins are across several separate projects. Four contracts worth a total of $1.4 million to $2.4 million of revenue providing communication services to the US Military troops in southern Afghanistan;’ and Multiple contracts worth over $600,000 of revenue providing communications  for significant resource projects, such as Gorgon, in Australia and LNG in PNG.

    All the contract wins are through existing NewSat partners with service delivery out of the NewSat Perth and Adelaide teleport facilities set to commence immediately.

    NewSat provides its customers with access to an increasingly large and diverse range of satellites and has developed a world-renowned reputation for providing a full range of managed satellite communication services from its unique to Australia  infrastructure in Perth and Adelaide. Today, NewSat has the ability to reach 75% of the globe including: Australia, Asia, the Middle East, Africa, across the Indian Ocean extending into Europe and across the Pacific Ocean, reaching into the west coast of the USA. The company’s vision is to provide multiple solutions on multiple satellites across  multiple platforms, enabling NewSat to provide cost-effective, timely and efficient satellite communications tailored to meet its customers’ unique requirements.

    www.newsat.com

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

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    ASX Company News: WDS Limited Secures $42 million In New Contracts

    Wednesday, November 10th, 2010

    WDS Limited (WDS) is pleased to advise that its Energy & Infrastructure Division has recently been awarded a number of contracts to a combined value of approximately $42m.

    Arrow Energy has awarded Titeline Energy (a WDS group company) an SIS drilling contract for the MGP Expansion in the Bowen Basin. The contract is for vertical production wells for a one year period with a further one year option. Titeline Energy has deployed one rig on this contract and expects to deploy a second rig early in the New Year. WDS has undertaken work for the MGP for a number of years, including drilling works, engineering, gathering system construction and compressor station installation.

    Arrow Energy has awarded WDS the fabrication package for well head skids for the MGP Expansion in the Bowen Basin. The works involve the procurement and fabrication of 29 well head skids. The works will be undertaken in WDS’ fabrication facility in south east Queensland, which has been purpose built for coal seam gas fabrication works. The works will be completed February 2011. In addition Newcrest Mining Limited has awarded WDS a supply and fabrication of piping package for their Lihir Island interim power station works.

    Thiess has awarded WDS a contract for micro-tunnelling and shaft construction works on a major infrastructure project that will deliver increased sewerage capacity for the growth area of Ipswich. The Woogaroo Trunk Sewer Main project is one of a number of infrastructure projects planned by new water retail and distribution business, Queensland Urban Utilities, to meet significant housing and population growth in South East Queensland. The project involves augmentation of a 4.7km trunk sewer main linking the satellite city of Springfield near Ipswich to treatment facilities at Goodna. The contract includes sinking 6m diameter shafts to facilitate micro-tunnelling in 1200DN and 1500DN for a total of 2,500m. Maintenance access holes will be built at each shaft. The project will begin in late 2010 for completion by mid 2012.

    WDS has recently received a number of purchase orders for coal seam gas (CSG) gathering system construction and compressor installation works for QGC Pty Limited, the Australian subsidiary of BG Group. This work continues WDS’ relationship with QGC, where WDS has since 2005 undertaken over 700km of gathering system construction and installed over 45 compressors. WDS has commenced these works and anticipates the works will be complete early in 2011. Over 100 people will be engaged on these works.

    WDS Group Managing Director Terry Chapman said WDS is very pleased to be awarded these projects. “These projects provide opportunities to continue to build WDS’ fabrication, drilling, CSG field infrastructure construction and tunnelling operations whilst delivering on our core values of safety and quality. We are pleased to continue our work for these blue chip clients.”

    www.wdslimited.com.au

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

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    ASX Company News: Downer Secures Another $200 million Of New Contracts

    Tuesday, November 9th, 2010

    Downer EDI Limited (Downer) announced it had secured further contract wins across the Group valued at approximately $200 million.   The Chief Executive Officer of Downer, Grant Fenn, said today’s announcement builds on recent significant contract wins across its key operating sectors.  “The volume of new work highlights the value of Downer’s service offering and the robustness of the company’s work pipeline,” Mr Fenn said.

    Downer’s Consulting division has won over $40 million worth of work providing engineering consulting services in the resources, transport, water and building market sectors. These services include feasibility studies, technology solutions, process design and engineering, architectural design, quantity surveying, project and construction management and integrated facilities management.

    Downer Blasting Services recently secured contracts with new clients to supply explosives and down-the-hole loading services, confirming the expertise the business offers to the resources sector.

    In addition to recently announced road maintenance work for local and State authorities, the Works business has also secured contracts for the provision of civil works in Western Australia for two key mining companies and a major land developer, LandCorp.

    In New Zealand, Downer has secured over NZ$150 million of work predominantly in the transport and water sectors for key government and local government customers, along with a major civil site works contract for BP Oil NZ.

    “The contract wins in New Zealand are pleasing given the difficult market conditions and reflect our strong working relationships with our client base,” Mr Fenn said.

    www.downergroup.com

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    ASX Company News: Brierty Secures Two Mining Contracts

    Friday, November 5th, 2010

    Civil and mining contractor Brierty Limited (BYL) has received advice on two mining contracts valued at a total of $18.1 million.

    A letter of award has been received from Tanami Gold NL (ASX: TAM) for the continuation of mining work at their Bald Hill mine site. The work scope is valued at $12.4 million and includes drill and blast and load and haul over a ten month period at the Kookaburra and Sandpiper pits. Formal contract documentation is expected to follow shortly.  Brierty Acting CEO, Tony Bevan, said the company was pleased to continue its association with Tanami Gold, having developed an excellent working relationship over the last two years.

    The company has signed a contract with Mount Gibson Iron Limited (ASX: MGX) for the removal of overburden from its Extension Hill mine site in the mid-west of Western Australia. This contract is valued at $5.7 million, will commence in early December 2010 and has a duration of six months.  It represents an extension of Brierty’s existing relationship with Mount Gibson Iron, with the company currently  constructing 85 kilometres of haul road from Perenjori to the Extension Hill mine site.  Mr Bevan said the awards reaffirmed Brierty’s mining credentials.

    “With our team of experienced mining resource people, Brierty is very well placed to take advantage of the opportunities that exist in the mining sector.”

    www.brierty.com.au

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

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    ASX Company News: Monadelphous Secures $120 million New Mining Contracts

    Friday, October 8th, 2010

    Leading engineering group Monadelphous Group Ltd (MND) announced it has secured new contracts and work in Western Australia and Papua New Guinea with a combined value of approximately $120 million.  The contracts and work are with major operators in the oil and gas, iron ore and water sectors.

    In PNG, Monadelphous has been awarded a three-year extension of a contract with Oil Search for field construction services at its oil and gas production and support facilities in the Southern Highlands Province. The agreement also includes additional work to upgrade Oil Search’s Kutubu and Gobe facilities in preparation for the delivery of gas to the PNG LNG project.

    In WA, Monadelphous’s newly-acquired business KT Pipeline Services has been awarded a contract to construct intake and outfall pipelines and associated work for the desalination plant at CITIC Pacific Mining’s Sino Iron project at Cape Preston in the Pilbara.  Monadelphous has also been awarded a contract with the WA Water Corporation to supply, construct and commission a water treatment plant at Picton, near Bunbury. The plant, with a capacity of 11 megalitres a day, will treat underground water for supply to Australind and Eaton.

    The company will also undertake structural and mechanical work for BHP Billiton Iron Ore on Rapid Growth Project 5 at the iron ore port facilities at Finucane Island, Port Hedland.  The contracts and work are spread across Monadelphous’s three operating divisions of Infrastructure (which includes KT), Engineering Construction, and Maintenance and Industrial Services.

    “They reflect the emphasis we place on maintaining our relationships with customers in major projects, securing new business and continuing our diversification into selected infrastructure areas such as pipelines and water,” Monadelphous Managing Director Rob Velletri said.

    www.monadelphous.com.au

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

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    ASX Company News: Hastie Secures $200 million In New Contracts

    Friday, August 20th, 2010

    Hastie Group Limited (HST) announced that it had secured more than A$200 million of new work across Australia and New Zealand, the majority of which is for delivery in 2010/11.

    “These recent contracts demonstrate Hastie’s position as the pre-eminent provider of integrated technical services to the building sector in Australia,” Hastie CEO and managing director David Harris said. “Hastie continues to build its order book with a disciplined approach to tendering that continues to provide consistent earnings,” he said.

    Hastie Group Limited is the leading international designer, installer and maintainer of technical services to the building and infrastructure sectors – mechanical, electrical, hydraulics and refrigeration group with well established operations in Australasia, UK and Ireland, and the Middle East. It has over 7,000 employees based at over 110 locations. The group operates under brands which are well recognised in their markets, and customers include many of the largest construction companies, shopping centre groups, industrial corporations and facility managers.

    www.hastiegroup.com.au

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

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    ASX Company News: Industrea Secures $22 million Of Chinese Contracts

    Tuesday, July 6th, 2010

    Global mining products and services provider Industrea Limited (IDL) today announced a further $22.2m of new contracts in China across its Advanced Mining Technologies (AMT) and Industrea Mining Equipment (IME) divisions and the acquisition of a manufacturing business in China.

    Industrea’s China-based subsidiary, Wadam Industries, has signed a contract with Shanxi Coking Coal Group International for the supply of 4 methane gas drainage and directional drilling systems incorporating Industrea subsidiary, Advanced Mining Technologies’ market leading drill guidance tool  worth $10.3m over 2 separate shipments, The units will be supplied to Xishan Coal Electricity mine in Taiyuan, Shanxi Province.

    Wadam Industries has also entered into contracts for 1 methane gas drainage and directional drilling system being supplied to Shanxi Yangcheng Fu Yan for $3.1m and for  2 Industrea Mining Equipment (IME) 40 tonne roof support carriers to Shandong Guangyu Energy Co for $2.7m.

    Longstanding Wadam customer, Jincheng Anthracite Mining Group has also signed contracts for the purchase of a further 3 methane gas drainage and directional drilling systems for $6.1m.

    Industrea Managing Director and CEO, Robin Levison, said these latest contracts across the end of the financial year and for the start of FY11 assisted in maintaining the momentum of approximately $10m per month of sales into China. Industrea has also announced signing contracts for the acquisition of a strata support manufacturing business in China. Currently supplying products for underground strata control systems, Industrea plans to expand the newly acquired facility to manufacture a PJ Berriman & Co flameproof and explosion proof personnel and materials vehicle exclusively for the underground coal mining market in China. “Following supply under this latest contract, Jincheng Group will be operating approximately 18 methane gas drainage and directional drilling systems all supplied via Wadam Industries,” Mr Levison said.

    www.industrea.com.au

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

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    ASX Company News: UXC Limited Secures Five New Contracts Worth $150 million

    Thursday, June 24th, 2010

    Utility Asset Management (“UAM”), a wholly-owned Business Unit of UXC Limited (UXC) has recently been awarded five major electrical asset maintenance contracts with a potential combined value of up to $150million.

    Three contracts for the inspection and treatment of power poles in the metropolitan regions of New South Wales have been renewed by EnergyAustralia, a NSW Government owned gas and electricity transmission and distribution business. Commencing in July 2010, each four-year contract includes two further four-year options.

    Two contracts for the inspection, treatment and data capture of electrical assets in the northern and southern regions of Queensland have been renewed by Ergon Energy Corporation Limited, a QLD Government-owned electricity distribution business. Commencing in July 2010, each three-year contract includes two further one-year options. The initial contracted value of the combined works is $76m with additional available works valued at $74m if all options are exercised.

    Utility Asset Management provides a diverse range of products and services and has existing contracts with most major electricity distribution companies in Australia. UAM is currently expanding certain areas of its operations to the UK, Ireland, Northern Ireland and the USA. Success with these contracts further strengthens UAM’s national footprint and consolidates its position as the nation’s leading supplier of asset inspection services in the electricity industry.

    “As the market leading provider of field solutions across the Australian utility sector, we have gained a formidable reputation for our approach to contract delivery and our consequent performance,” said Geoff Lord, UXC Executive Chairman. “The renewal of five major contracts by two of our larger clients is testament to UAM’s commitment to efficient and effective service delivery and demonstrates the results that can be achieved by fostering a true partnership approach with every client,” added Mr Lord.

    www.utilityasset.com.au

    www.uxc.com.au

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