Posts Tagged ‘Thiess’

ASX Company News: E & A Limited Secures $3.8 million Engineering Contract

Wednesday, November 28th, 2012Jeff

E & A Limited (EAL) is pleased to announce that its wholly owned subsidiary Ottoway Engineering Pty Ltd has been awarded an initial $3.8 million contract to provide mechanical, structural and piping fabrication services for Thiess on the QCLNG Upstream 6+1 RUBY JO Project. Ottoway expects that the value of this contract to increase to $6 million as a consequence of associated works. Ottoway will be responsible for Fabrication, Welding, NDT, Hydro testing, Painting and delivery to site of all piping for the RUBY JO CPP. Fabrication work is expected to continue through to April 2013. The Project works will be split between Ottoway’s Dalby and Adelaide Workshops and will employ approximately 35 Ottoway personnel per week.

The Executive Chairman of EAL, Mr Young, advised at EAL’s recent AGM that he was hopeful of announcing a number of major contract wins in the near future in relation to Ottoway. Mr Young said that Ottoway was excited to be increasing its involvement in the South East Queensland LNG opportunities and that Ottoway looked forward to developing its working relationship with Thiess on this Project and was committed to delivering the contract works on time, on budget and in accordance with specification.

www.ealimited.com.au

 

ASX Company News: Leighton Awarded Pacific Highway Upgrade Contract

Monday, November 26th, 2012Jeff

Thiess, a subsidiary of Leighton (LEI) welcome the announcement by the Federal and the NSW State Governments that the Thiess MacMahon joint venture has been selected as the preferred contractor by the NSW government to upgrade the Pacific Highway between the Frederickton Interchange and Eungai. Thiess is a 60% partner in the joint venture which will design and construct a 26.5 km four lane divided carriageway.

“We are currently in an alliance delivering the Hunter Expressway near Newcastle and the Pacific Highway project is perfectly timed to benefit from the expertise gained on that project.” Mr Munro said.

www.leighton.com.au

ASX Company News: Leighton Secures $2.3 billion Coal Mining Contract

Tuesday, July 24th, 2012Jeff

Australia’s leading contract coal miner Thiess, a subsidiary of Leighton (LEI),  has been awarded a $2.3 billion contract to extend mining operations at Jellinbah Group’s Lake Vermont coal mine in Queensland’s resource-rich Bowen Basin. The new six year agreement will significantly expand current operations and ramp up production from four million tonnes to eight million tonnes per annum. The new contract continues Thiess’ responsibility for mine operations and maintenance.

Thiess’ Managing Director Bruce Munro said the substantial contract is a tremendous endorsement of the relationship between the Jellinbah Group and Thiess, which began with the establishment of the Lake Vermont mine in 2007. “Thiess is very proud to continue its involvement at the Lake Vermont mine where we’ve been working with the Jellinbah Group from the very beginning to plan, build and operate the mine,” Mr Munro said. Jellinbah Group CEO Greg Chalmers said the continuation of Thiess as a long-term mine operator ensures the on-going delivery of cost competitive coal from the mine. “We look forward to working closely with Thiess to maximise the value of Lake Vermont and continue the mine as a safe, reliable, responsible and productive operation.”

Thiess has an annual turnover of $7 billion and $24 billion work in hand. With more than 20,000 employees, it has become Australia’s leading and most trusted construction, mining and services contractor. Thiess is a wholly owned subsidiary of Leighton Holdings Limited.

www.thiess.com.au

www.leighton.com.au

ASX Company News: Thiess Indonesia Secures Coal Mining Contract

Wednesday, May 9th, 2012Jeff

Thiess Indonesia, a subsidiary of Leighton (LEI),  has been awarded a US$393 million coal mining contract by PT Tamtama Perkasa, a member of the Barito Pacific Group. Under the five year contract, Thiess Indonesia will provide mining services for the delivery of 7.5 million tonnes of coal at Muara Teweh in Central Kalimantan. Operations are expected to commence in late 2012.

Thiess Managing Director Bruce Munro said the contract was in line with the company’s strategy for continued growth in Indonesia. “This contract reaffirms Thiess’ position as one of the leading mining services contractors in the world,” Mr Munro said. President Director of Thiess Indonesia, Roy Olsen welcomed the new partnership with the Barito Pacific Group which has a highly successful track record.

Thiess has an annual turnover of $7 billion and $24 billion work in hand. With 20,000 employees, it has become Australia’s leading and most trusted construction, mining and services contractor. Thiess is a wholly owned subsidiary of Leighton Holdings Limited.

www.theiss.com.au

ASX Company News: Leighton Secures $325 million Coal Seam Gas Contract

Thursday, February 9th, 2012Jeff

Thiess, a wholly owned subsidiary of Leighton (LEI),  has won a $325 million contract from coal seam gas explorer and producer QGC Pty Limited to construct gas processing facilities for one of Australia’s largest infrastructure projects. The six field compression stations and one central processing plant, to be built about 30km north- west of Dalby in southern Queensland, represent some of the upstream facilities being developed by QGC for its Queensland Curtis LNG Project (QCLNG). The facilities will process gas for transport via an underground pipeline to Gladstone. On Curtis Island, off Gladstone, the gas will be converted into liquefied natural gas for export.

Thiess Managing Director Bruce Munro said the contract was testimony to the multi-disciplinary expertise and experience Thiess brings to such a large geographically-dispersed project. “Thiess has a culture of valuing and building long-term partnerships and we are proud to work with QGC on this project of state significance,” Mr Munro said. Work will begin in February 2012 and is expected to be completed in April next year. The project will extend Thiess’ presence in the upstream coal seam gas sector in the region where its founding fathers started the business more than 77 years ago.

Thiess has an annual turnover of $7 billion and nearly $22 billion work in hand. With over 19,000 employees, it has become Australia’s leading and most trusted construction, mining and services contractor. Thiess is a wholly-owned subsidiary of Leighton

www.leighton.com

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

ASX Company News: Thiess Secures Role In NSW Electricity Supply

Tuesday, July 5th, 2011Jeff

Thiess, a subsidiary of Leighton (LEI)  is to play a more significant role in delivering electricity infrastructure in New South Wales under an alliance with one of Australia’s largest energy network providers, Ausgrid. The alliance brings together Thiess, other partners and Ausgrid as the owner participant. It will deliver transmission cable projects for Ausgrid’s five year network investment program. Ausgrid expects to provide the alliance with approximately $50 million of project work per annum with a potential value to Thiess of $210million over five years. Projects will be assigned as they become necessary and the specific terms of individual projects will be negotiated on a case by case basis. Projects include the Surry Hills to Rose Bay cable project, the Mason Park to Rozelle cable project, as well as the Willoughby to Crows Nest and North Sydney cable project.

Managing Director David Saxelby said Thiess was proud to participate in the alliance which will assist Ausgrid roll out one of the largest infrastructure programs in the nation. Ausgrid Managing Director George Maltabarow said, “About 50 percent of our major substations were built in the 1960s and 1970s, and some of our transmission cables were installed even before that. “The life span of major electrical infrastructure is around 40 or 50 years. Our electricity network has been well maintained and has performed well, however it’s now time to replace much of it from that era.

Thiess has an annual turnover of $7 billion and $22 billion work in hand. With over 17,000 employees, it has become Australia’s leading and most trusted construction, mining and services contractor. Thiess is a wholly owned subsidiary of Leighton Holdings Ltd.

www.leighton.com.au

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

ASX Company News: Leighton Awarded $350 million Telstra Contract

Friday, February 11th, 2011Jeff

Thiess Services, a wholly owned subsidiary of Leighton Holdings (LEI) will benefit from a major five year Telstra contract awarded to Silcar, a joint venture company between Thiess Services and Siemens Ltd. Under the new contract, Silcar will provide Network Integrity and Facilities Management services for Telstra’s exchanges and assets nationwide under a five year agreement estimated at $350m. Silcar will undertake asset management and maintenance on Telstra’s network facilities that support its telecommunications network, including critical infrastructure such as standby power, energy and cooling systems.

Thiess Managing Director David Saxelby said the contract reaffirmed the working relationship between the two organisations was built on proven performance. “Silcar’s strong relationship with Telstra has grown over more than 10 years and this contract recognises Silcar’s advanced and reliable capabilities,” Mr Saxelby said. Thiess Services Executive General Manager and Silcar Chairman, Michael Wright, said the contract would provide Silcar with renewed opportunities to support Telstra in improving the value and sustainability of its network facilities. “Silcar will to continue to work safely and maintain the superior level of service Telstra has come to expect in the delivery of network integrity and facility management services,” Mr Wright said.

Thiess Services is a wholly owned subsidiary of Thiess Pty Ltd, and has an annual turnover of approximately $1 billion. The company provides integrated, environmentally responsible services to a range of business sectors, including water, energy, contaminated site remediation, waste management, telecommunications, infrastructure operations and maintenance, and facilities management. Thiess has an annual turnover of $7 billion and $16 billion work in hand. With over 17,000 employees, it has become one of Australia’s leading and most trusted construction, mining and services companies.

www.thiess-services.com.au

www.leighton.com.au

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

ASX Company News: Thiess Secures $1.3 billion Mining Contract

Thursday, January 20th, 2011Jeff

Thiess Pty Ltd, a subsidiary of Leighton (LEI), has been awarded a six-year $1.3 billion contract to extend mining operations at Peabody Energy Australia’s Burton Coal Mine in Queensland’s resource rich Bowen Basin. Thiess has operated the Burton Coal Mine for the past 14 years and this contract will prolong the life of mine until 2016. This new contract will allow Thiess to maintain Burton’s annual production capacity of over 2.5 million tonnes of coal per annum.

Thiess Managing Director David Saxelby said “The contract is recognition of Thiess’ position as Australia’s leading contract miner and we look forward to building on our strong relationship with Peabody in Australia.” Thiess Mining Chief Executive Bruce Munro said that the Peabody contract would see operations return to the original mining area started in 1996. “The high quality coal will be mined to a depth of up to 240 metres, making this operation the deepest open-cut operation in the Bowen Basin,” Mr Munro said.

The Burton Coal Mine extension will employ more than 500 people and will see Thiess mobilise an additional Liebherr R9800 – one of the world’s largest mining backhoe excavators – to work in tandem with the first excavator which has been operating at Burton for nine months. A fleet of Caterpillar 797 trucks, the largest in the Cat range, will service the two big excavators, emphasising the scale of the work. Thiess has an annual turnover of $7 billion and $16 billion work in hand. With over 17,000 employees, it has become one of Australia’s leading and most trusted construction, mining and services companies. Thiess is a wholly owned subsidiary of Leighton Holdings Pty Ltd.

www.leighton.com.au

www.thiess.com.au

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

ASX Company News: Leighton Receives $1 billion Coal Contract Extension

Friday, December 17th, 2010Jeff

Thiess, a subsidiary of Leighton (LEI)  has been awarded a $1.015 billion extension to its contract to operate the Mt Owen Coal Mine in the Upper Hunter Valley. The new agreement with mine owner Xstrata Coal runs from October 2011 until the end of 2015 and includes an option to extend by a further 6 months.

Managing Director David Saxelby said the contract extension adds to a very significant series of announcements including the $5.5 billion Pakri Barwadih coal mining contract in India, making Thiess the world’s leading contract coal miner. “The extension at Mt Owen is testament to the long standing relationship with Xstrata Coal at both Mt Owen and across our other Xstrata Coal sites.” Mr Saxelby said. Mining Chief Executive Bruce Munro said the contract extension with Xstrata Coal will take Thiess’ association with Mt Owen out to 20 years and is a great example of the importance Thiess places on repeat business. “Thiess will operate a total of seven mining fleets with annual material movements of around 40 million BCM of waste and 8.5 million tonnes ROM coal at Mt Owen,” Mr Munro said.

Thiess has an annual turnover of $7 billion and $16 billion work in hand. With over 17,000 employees, it has become one of Australia’s leading and most trusted construction, mining and services companies. Thiess is a wholly owned subsidiary of Leighton Holdings Pty Ltd.

www.leighton.com.au

www.thiess.com.au

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

ASX Company News: Leighton Secures $5.5 billion Coal Mine In India

Friday, December 3rd, 2010Jeff

Australia’s leading mining contractor Thiess has won a landmark $5.5 billion mine development and coal mining contract in India. Thiess, which is wholly owned by Leighton Holdings Ltd (LEI), will develop and operate the greenfield Pakri Barwadih coal mine for blue chip client NTPC Ltd (formerly National Thermal Power Corporation Limited) which is a Government of India enterprise and the nation’s largest electricity generator. This contract is one of the largest ever awarded by NTPC.

Pakri Barwadih will be the first of six mines NTPC Limited intends to develop to provide low cost coal for its power stations, replacing expensive imported coal. Thiess will execute the project through its 90% owned Indian joint venture company Thiess Minecs. The other 10% is held by Kolkata based Minecs Finvest Private Limited. The contract involves the construction of site infrastructure and coal processing plants during the first two years, followed by overburden removal, coal mining and operation of processing and rail loading facilities over the life of mine. Production is planned to ramp up to 15 million tones per annum over the first three years of mining and more than 300 million tonnes of coal will be mined over the contract duration, expected to be 22 years.

Managing Director David Saxelby said Thiess is the world’s largest contract coal miner and is well placed with experience and resources to meet NTPC’s requirement for a world-class coal mine. Mining Chief Executive Bruce Munro said winning the Pakri Barwadih contract is a platform on which to build a contract mining business in India and has been a long term goal for Thiess. “India has the fourth -largest coal reserves in the world and is the third largest producer. We believe this project will lead to more opportunities for Thiess in India, particularly given the strong economic growth currently occurring,” Mr Munro said.

Thiess India is a wholly owned subsidiary of Thiess Pty Ltd. Thiess India offers contract mining and construction services to various Indian companies. Thiess is the world’s largest supplier of outsourced coal mining services. Its fleet of mining and construction plant is one of the largest and most diversified in all of Australasia. Worldwide, we mine more than 67 million tonnes of coal and 8 million tonnes of ore every year, and each day our mining operations move more than 3 million tonnes of material. We operate a variety of coal and metalliferous mine sites across Australia and various countries abroad including Indonesia and India.

www.thiess.in

www.leighton.com.au

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