Posts Tagged ‘TSE’

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

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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

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ASX Company News: Transfield Services Secures $100 million Santos Contract

Monday, August 29th, 2011

Transfield Services (TSE) announced that it has been selected by Santos Limited (STO) as preferred contractor for an estimated A$100 million per annum contract to provide construction and maintenance services at its operations in the Cooper and Eromanga Basins in central Australia. The contract is for five years, which may be extended by Santos for three one-year extensions.  The contracted scope of work covers Santos’ requirements for project delivery, brownfields construction, flow line construction, shutdown, maintenance and industrial services, primarily in the Cooper and Eromanga Basins and associated infrastructure. It is a significant expansion on Transfield Services’ existing agreement with Santos.

“We are delighted and proud that Santos has selected Transfield Services. We look forward to utilising our specialist oil and gas expertise to help Santos achieve its business objectives for the Cooper and Eromanga Basins” said Transfield Services Managing Director and CEO, Peter Goode.  Santos’ Vice President of Eastern Australia, James Baulderstone, noted that “Our relationship with Transfield is another key component of Santos’ growth objectives for the Cooper Basin, and harnessing the significant long-term potential that it offers.”

Transfield Services’ subsidiary, Easternwell, recently signed contracts to an estimated value of $102M to continue servicing wells at Santos’ Cooper Basin and Eastern Queensland production sites. Transfield Services delivers essential services to key industries in the resources and industrial, property and infrastructure sectors.

www.transfieldservices.com

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ASX Company News: Transfield Services Secures Two New Contracts

Thursday, July 14th, 2011

Transfield Services (TSE) announced it has secured preferred contractor status for two new contracts in Canada and the United States. The Company has secured a 12-year CAD $160.8 million (US $165 million) asset management contract with the Ontario Ministry of Transportation scheduled to start 1 June 2012. Transfield Services will provide winter and summer maintenance, emergency response, electrical systems maintenance, selected capital improvements and structural capital improvements to 3,247 lane kilometres (2,017 lane miles) of the roadway in the Kenora area of Ontario, Canada. Transfield Services has also secured a US$18.45 million preferred contractor status for a new seven- year contract scheduled to begin 1 August 2011 with the Florida Department of Transportation’s (FDOT) District Three, which is located along the Panhandle in the north-western region of the state. The contract includes asset maintenance for all interstates, U.S. routes and state roads in Okaloosa County, as well as S.R. 85 from the Okaloosa/Walton County line to the Alabama state line.

“This success firmly establishes our presence in the Province of Ontario and the State of Florida, strengthening our long-term relationship with the Ontario Ministry of Transportation and the Florida Department of Transportation,” said Managing Director and CEO, Peter Goode. Transfield Services also provides asset maintenance for 19 projects in Florida for public and private entities, including all seven of FDOT’s districts, Florida’s Turnpike Enterprise, the Miami-Dade Expressway Authority, and the Tampa-Hillsborough Expressway Authority.

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 28,000 employees in Australia, New Zealand, the United States, Canada, the United Arab Emirates, Qatar, India, Malaysia, Chile and New Caledonia.

www.transfieldservices.com

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ASX Company News: Transfield Services To Build Ultafast Broadband In NZ

Thursday, June 23rd, 2011

Transfield Services (TSE)  announced that it has been awarded a NZ$202 million contract in New Zealand to provide telecommunications services to UltraFast Fibre Limited (UFL) – a subsidiary of WEL Networks. The 10 year contract is scheduled to commence in July 2011. As part of the contract, Transfield Services will assist in the design, rollout and maintenance of the fibre optic network to more than 430,000 residents of communities in the Waikato, Bay of Plenty and Taranaki regions in the North Island. The work forms part of the New Zealand Government’s commitment to invest NZ$1.5 billion by 2019 to rollout the Ultra Fast Broadband (UFB) network to 75 per cent of the population.

“This award further recognises the expertise of our regional telecommunications business, and builds on the strong pipeline of work we already have in this sector,” said Transfield Services Managing Director and CEO, Peter Goode. Transfield Services’ New Zealand telecommunications business develops, operates and maintains networks for blue chip clients, including Chorus, Transpower, Meridian Energy and the 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 28,000 employees in Australia, New Zealand, the United States, Canada, the United Arab Emirates, Qatar, India, Malaysia, Chile and New Caledonia.

www.transfieldservices.com

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ASX Company News: Transfield Services Preferred Tenderer To Alcoa

Wednesday, June 1st, 2011

Transfield Services (TSE) has been awarded preferred tenderer status for a new A$66 million contract with Alcoa of Australia to provide maintenance services at its Pinjarra alumina refinery in Western Australia. Under the contract Transfield Services will also be invited to competitively tender for work at the Kwinana and Wagerup refineries on an ad hoc basis. The contract is for five years and commences 1 July 2011. Transfield Services will provide integrated mechanical, electrical and scaffolding services. Alcoa of Australia’s three refineries have a combined capacity to produce approximately 9 million tonnes of alumina per year which accounts for 11% of total world demand.

Transfield Services Managing Director and CEO, Peter Goode, said today: “We look forward to working with Alcoa through our alliance style contract to deliver targeted efficiency improvements. The win increases our market share and we will draw on our extensive experience in providing integrated services to many of Australia’s largest refineries.”

Alcoa is the world’s leading producer of alumina, primary aluminium, and fabricated aluminium. In addition, Alcoa’s Australian operations represent the world’s largest integrated bauxite mining, alumina refining, aluminium smelting and rolling system.

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 28,000 employees in Australia, New Zealand, the United States, Canada, the United Arab Emirates, Qatar, India, Malaysia, Chile and New Caledonia.

www.transfieldservices.com

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ASX Company News: Transfield Services Awarded Adelaide Bus Contract

Monday, May 2nd, 2011

The contract has an initial eight year term, with potential for a four year option to extend, subject to government approval. Working with the South Australia Department for Transport, Energy and Infrastructure (DTEI), the Company will provide comprehensive operations, network scheduling, maintenance and asset management services for the fleet of buses.

Managing Director and Chief Executive Officer, Peter Goode said today, “We are bringing to Adelaide the benefit of our broad knowledge and experience in delivering services to critical infrastructure. This includes specific expertise in the safe, efficient and reliable delivery of public transport services. “This opportunity further expands our presence and long-term commitment to the successful delivery of services in South Australia.”

Transfield Services (TSE) performs work in South Australia across many sectors that Transfield Services’ (TSE) Light-City Buses business has been awarded a new $567 million contract to operate and maintain Adelaide’s bus transportation network across two of the city’s six public bus regions.include oil and gas, rail, defence, water, power generation and public transportation. Transition will commence immediately, with the Company to assume full services from October 2011. 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 28,000 employees in Australia, New Zealand, the United States, Canada, the United Arab Emirates, Qatar, India, Malaysia, Chile and New Caledonia.

www.transfieldservices.com

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Dividends: Transfield Services Ex Dividend On 9/3/2011

Tuesday, March 8th, 2011

Transfield Services (TSE) will go ex dividend on 9/3/2011. The current dividend payment is 5 cents and it is 100% franked. The record date is 16/3/2011 and the dividend will be paid on 20/4/2011. Based on the full year payment the dividend yield is 4.2%.

*Current Yield: 1.5% Franking: 100% DRP Discount: 0%

Transfield Services

*Yield has been calculated on the closing price on the 27/2/2011. Current yield is based on the current dividend payment only.

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ASX Company News: Transfield Extends NSW School Contract

Monday, February 14th, 2011

Transfield Services (TSE) has secured a A$540 million contract with long-term client NSW Department of Services, Technology and Administration. Transfield Services will provide facilities management and cleaning services to public schools, TAFE colleges and government buildings to an expanded geographical footprint that now includes the Hunter/Central Coast, North and Western Sydney regions.  The contract is for five years, with the option to extend for a further two years and will take effect on 1st July 2011.

Transfield Services’ Managing Director and CEO, Peter Goode, said today: “This significant expansion of scope with a key government client reflects our ongoing focus on safe and efficient service delivery. It also reinforces our leading position in the provision of property and facilities management services and our ability to build on strong long-term relationships with key clients.”

Transfield Services has provided facilities management services to the Department for a decade,  managing the maintenance of primary and secondary schools, technical institutions and special needs facilities. Transfield Services has a robust pipeline of work in social infrastructure, oil and gas, power, defence and transport providing continuing diversification for the business. Over 85 percent of the Company’s services are delivered under long-term contracts and relationships with key clients.

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 28,000 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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