Posts Tagged ‘TSE’

ASX Company News: Transfield Services Secures Coal Seam Gas Contract

Friday, November 9th, 2012

Transfield Services (TSE) has been awarded a A$200 million contract to provide maintenance and operations  services to QGC Pty Limited’s upstream coal seam gas (CSG) assets in Queensland.   The contract is for five‐years, with a two‐year extension option. Revenue has the potential to increase. The upstream assets form part of QGC’s Curtis Liquefied Natural Gas (QCLNG) Project and include processing plants, compression stations, approximately 2,000 operational gas wells and connecting infrastructure. The contract’s scope incorporates all of these assets.

Services Managing Director and CEO, Graeme Hunt.  “It also reflects our track record in the oil and gas sector, including the proven capability and safety record of our well servicing subsidiary Easternwell.” through the life of the contract as project investment increases.  “This award is a direct result of our strategic focus on Queensland’s growing CSG industry,” said Transfield “Importantly, the win follows shortly after the award of a construction contract with the same client, demonstrating our ability to deliver services across the full asset lifecyle – a key differentiator for our  business,” said Mr Hunt. “We look forward to strengthening our partnership with QGC.”

In October, Transfield Services, together with joint venture partner Clough Limited, was awarded an $A80 million construction contract with QGC Pty Limited as part of the QCLNG project. QCLNG will be one of the world’s first projects to convert CSG into LNG. It involves expanding QGC’s existing coal seam gas production in the Surat Basin of southern Queensland, building a 540km natural gas pipeline network and constructing a natural gas liquefaction plant on Curtis Island, near Gladstone, where the gas will be converted to LNG for export. It is a global provider of operations, maintenance and construction services to the resources, energy, industrial, infrastructure, property and defence sectors. It delivers asset management services across all phases of the asset lifecycle, from concept and creation, to services that sustain, optimise and enhance our client’s assets.

www.transfieldservices.com

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Dividends: Transfield Services Ex Dividend On 13/9/2012

Monday, September 10th, 2012

Transfield Services (TSE) will go ex dividend on 13/9/2012.  The current dividend payment is 9 cents and it is 0% franked.  The record date is 19/9/2012 and the dividend will be paid on 24/10/2012.   Based on the full year payment the dividend yield is 7.8%.

*Current Yield: 5.0%    Franking: 0%    DRP Discount: Not Available

*Yield has been calculated on the closing price on the 13/9/2012.  Current yield is based on the current dividend payment only.

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ASX Company News: Transfield Services Awarded Two Engineering Contracts

Tuesday, July 31st, 2012

Transfield Services (TSE) has been awarded two engineering design and construction contracts in the Pilbara, Western Australia, worth a total of A$100 million.   The contracts, with Rio Tinto and Fortescue Metals Group, integrate the expertise of Transfield Services’ specialist engineering design subsidiary, ICD, with the Company’s construction capability.

The contracts are a one year, $65 million contract to design and construct Rio Tinto’s Parker Point fuels storage terminal in Dampier. The terminal, which receives fuel via a 1.8 kilometre jetty and distributes the fuel by rail, is part of Rio Tinto’s iron ore operations in the Pilbara.

A one year $35 million contract to design and construct diesel storage facilities and distribution infrastructure to support the development and operations of the Solomon Mine in the Pilbara. The site is strategically located near railway and road infrastructure 30 minutes from Port Hedland and is critical to  Fortescue’s expansion plans in the region.

“These contracts deliver on our strategy to provide higher value front end services to the resources and energy industry,” said Managing Director and CEO of Transfield Services, Peter Goode. “They also demonstrate the Company’s engineering and construction capabilities, which form part of our whole of life asset management offering.”

Operating for more than 40 years, ICD is a leading engineering design services provider to the petrochemical, chemical, biofuel, distillation, power and mining industries. The company was acquired by Transfield Services in 2009.

It employs more than 27,000 people across 20 industries and 12 countries. It is a global provider of operations, maintenance and construction services to the resources, energy, industrial, infrastructure, property and defence sectors. It delivers asset management services across all phases of the asset lifecycle, from concept and creation, to services that sustain, optimise and enhance our client’s assets.

www.transfieldservices.com

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ASX Company News: Transfield Services Awarded $200 million Roading Contracts

Thursday, July 5th, 2012

Transfield Services (TSE) has been awarded contracts worth approximately $200 million across its international operations. These include: A new US$100 million, 34‐year contract with the California Department of Transportation to provide operations and maintenance services to San Francisco’s Presidio Parkway project. Services will be delivered through the Golden Link Concessionaire public‐private partnership. Three contracts in New Zealand to provide maintenance and minor upgrade services for two Northland District Councils’ road networks, including: A five year, NZ$41 million renewal of the Far North District Council Eastern Area contract;  A five year, NZ$20 million renewal of the Whangarei South contract, and A new five year, NZ$6 million contract for the Whangarei Central’s urban road network.  A new three year contract to provide shutdown mechanical and electrical maintenance services to a  mining operator in Port Hedland, Western Australia. The contract has a three‐year extension option.

“These road contracts in two of our core international markets provide the Company with secure long‐term geographic and operational diversity, and complement our strengthening presence in the growing North American and Australasian resource and energy markets.”

www.transfieldservices.com

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ASX Company News: Transfield Services Secures $281 million In New Contracts

Monday, May 14th, 2012

Transfield Services (TSE) announced that it has been awarded contracts worth a combined A$281 million across its Australian and New Zealand operations. The contracts include: A one-year A$70 million extension to a five-year contract with the Defence Support Group (DSG), to continue providing Garrison Support Services to more than 50 sites across Southern Victoria. A three-year contract with NBN Co for the provision of comprehensive facilities maintenance services for all NBN Co sites across Australia. An eight-year NZ$200 million contract to implement renewal activities as part of Auckland Transport’s South Rural Road Corridor Maintenance upgrade. The contracted scope of work covers 1,237 kilometres of road and is for four years with two two-year performance based extensions. A two-year extension to deliver facilities management services to Austin Health in Melbourne. The contract expands the Company’s scope of work to incorporate Austin Hospital, Austin Health’s main campus. Transfield Services now maintains all of Austin Health’s campuses and grounds.

“These contracts demonstrate the diversity and strength of our operations,” said Transfield Services Managing Director and CEO, Peter Goode. “We will continue to use our expertise to ensure these essential assets are operated and maintained to the highest standard.” The Company has provided Garrison Support Services to the Department of Defence for more than a decade and has a significant scope of work as part of the NBN roll out. It also has an extensive global roads business and provides facilities management services to essential assets across Australia and New Zealand.

www.transfieldservices.com

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Dividends: Transfield Services Ex Dividend On 15/3/2012

Sunday, March 4th, 2012

Transfield Services (TSE) will go ex dividend on 15/3/2012. The current dividend payment is 5 cents and it is 25% franked. The record date is 21/3/2012 and the dividend will be paid on 24/4/2012. Based on the full year payment the dividend yield is 5.7%.

*Current Yield: 2.0% Franking: 25% DRP Discount: Not Available

Transfield Services

*Yield has been calculated on the closing price on the 3/3/2012. Current yield is based on the current dividend payment only.

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ASX Company News: Transfield Services Awarded a $318 million Contract in NZ

Tuesday, February 14th, 2012

Transfield Services (TSE) has been awarded a NZ$318 million maintenance and project services contract renewal with Transpower, New Zealand’s electricity transmission grid owner and operator. The six‐year contract takes effect on 1 July 2012. It includes a three‐year extension option and the potential to secure an additional NZ$180 million of work during the initial six years. The work includes major capital works projects and maintenance of the grid’s transmission lines, substations, meters and transformers.

“This contract extends our 15‐year relationship with Transpower and reinforces our position as a leading provider of power and transmission services in New Zealand. Our highly experienced team will continue to ensure the reliable performance of this critical infrastructure,“  said Transfield Services Managing Director and CEO, Peter Goode. Transfield Services power and transmission clients in New Zealand also include Meridian Energy, Contact Energy, Mighty River Power, NZ Steel (BlueScope), Trustpower, Orion and Wellington Electricity, and  Transend Networks.

It employs more than 27,000 people across 20 industries and 12 countries. It is a global provider of operations, maintenance and construction services to the  resources, energy, industrial, infrastructure, property and defence sectors.

www.transfieldservices.com

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

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ASX Company News: Transfield Services Awarded $132 million In New Contracts

Sunday, November 13th, 2011

Transfield Services (TSE) announced that it has been awarded a combined A$132 million worth of work across its Australian operations. The contracts include: a new five-year contract with QGC to service its Surat Basin coal seam gas assets in southern and central Queensland. The first contract under this agreement is the refurbishment of 191 well-site processing units, including de-commissioning, replacement and re-commissioning of vessels, pipe work, electrical and control instrumentation. A new two-year A$8 million contract awarded to Transfield Services subsidiary, Easternwell, for well servicing at Arrow Energy’s coal seam gas operations in the Darling Downs region in Queensland.  A $50 million agreement with Qenos to conduct major shutdowns at its Altona and Botany manufacturing sites during 2012 and 2013.

A new agreement with Jan De Nul to undertake mechanical trades for dredging activities in North Western Australia. A new agreement with Toowoomba Regional Council in Queensland to construct wastewater treatment infrastructure. The contract, secured as part of a joint venture with Monadelphous, includes the construction of new sewage pump stations, pressure and gravity sewer mains, and a sludge clarifier at the Mt Kynoch Water Treatment Plant.

“These contracts continue our momentum of new business wins across our resources and energy, and infrastructure businesses,” said Transfield Services Managing Director and CEO, Peter Goode. “The two new coal seam gas contracts in Queensland give us a strategic foothold in this key industry.”

Transfield Services delivers essential services to key industries in the resources and industrial, property and infrastructure sectors. A leading global provider of operations, maintenance, and asset and project management services, Transfield Services has more than 27,000 employees in Australia, New Zealand, the United States, Canada, the United Arab Emirates, Qatar, India, Malaysia, Chile and New Caledonia.

www.transfieldservices.com

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

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ASX Company News: Transfield Services Secures Two Defence Force Contracts

Monday, November 7th, 2011

Transfield Services (TSE) has secured two defence industry contracts worth a combined A$130 million in South and Western Australia. Under a one-year A$40 million extension to its five-year contract with the Defence Support Group it will continue to provide Garrison Support Services to more than 35 sites across Western Australia. It has also secured a new three year A$90 million contract with the Department of Defence to provide Comprehensive Maintenance Services, which includes Base Support Services at Defence Establishment Woomera in the South Australian region. This contract has extension options of up to a further three years, with a value of up to an additional A$75 million, and positions the Company well as the Woomera prohibited area is opened up to mining.

“These contracts reinforce our well established standing as a leading long-term provider of support services to the defence industry,” said Transfield Services Managing Director and CEO, Peter Goode. Transfield Services has provided Garrison Support Services to the Department of Defence for more than a decade in Victoria, South Australia and Western Australia. The Company also provides Comprehensive Maintenance Services to the Department of Defence in Central Northern New South Wales primarily to RAAF Williamtown in Newcastle and the Singleton Military Area, and to bases spread from the Hawkesbury River north of Sydney through to the Queensland border. It also provides corrosion protection services to the Australian Navy’s six Collins Class Submarines and performs blast and paint work for the Australian Submarine Corporation as part of the construction of three Air Warfare Destroyers.

Transfield Services delivers essential services to key industries in the resources and industrial, property and infrastructure sectors. A leading global provider of operations, maintenance, and asset and project management services, Transfield Services has more than 27,000 employees in Australia, New Zealand, the United States, Canada, the United Arab Emirates, Qatar, India, Malaysia, Chile and New Caledonia.

www.transfieldservices.com

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

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ASX Company News: Transfield Services Secures Broadband Fibre Contract

Wednesday, September 7th, 2011

Transfield Services (TSE) has signed a A$133 million contract with NBN Co to design and construct the fibre optic network in Victoria over the next two years. The contract is for two years with an option to extend for a further two years with a potential value of up to $395 million if the option is taken up. Work will commence in October 2011, subject to satisfaction of several conditions precedent.

“We are pleased to use our expertise in the design, construction and maintenance of telecommunications assets to play a greater role in the delivery of one of the most significant nation building infrastructure projects ever undertaken in Australia,” said Transfield Services Managing Director and Chief Executive Officer Peter Goode. “In addition to our technical experience, Transfield Services can offer NBN Co a uniquely integrated knowledge-based service that includes our in-house design, aerial services and project management capabilities.”

In June 2011, Transfield Services completed the construction of the fibre optic network at one of the first release sites located in the southern New South Wales coastal communities of Minnamurra and Kiama Downs. Transfield Services was also recently awarded NZ$462 million in contracts as part of the rollout of New Zealand’s Ultra Fast Broadband network. Transfield Services has an extensive telecommunications business across Australia and New Zealand. Clients include Telstra, Chorus, Enable Networks, Transpower, Meridian Energy and New Zealand’s Department of Conservation.

Transfield Services delivers essential services to key industries in the resources and industrial, property and infrastructure sectors. A leading global provider of operations, maintenance, and asset and project management services, Transfield Services has more than 26,000 employees in Australia, New Zealand, the United States, Canada, the United Arab Emirates, Qatar, India, Malaysia, Chile and New Caledonia.

www.transfieldservices.com

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

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