CIMIC’s UGL bags $109m contract extension for BP fuel terminals

CIMIC Group said that its subsidiary — UGL has secured a contract extension worth AUD 150 million ($109.2 million) for delivering asset management and project-related services at BP fuel terminals in Australia.

The multi-year contract was awarded by Australian Terminal Operations Management (ATOM), which is a joint venture between BP and UGL. It includes engineering and maintenance services.

Juan Santamaria — CIMIC Group Executive Chairman and CEO said: “UGL and CIMIC have a longstanding relationship with BP, and we’re pleased to continue that with the delivery of safe, reliable and effective terminal operations, maintenance and engineering services.”

The contract extension had come into effect from September 2021.

Doug Moss — UGL Managing Director said: “UGL is pleased to extend our partnership with BP through this ATOM contract extension.

“UGL is proud of its reputation for providing safe and innovative project and maintenance services across Australia and we look forward to continuing that to enhance our client’s capabilities through this contract.”

Established in 2015, Australian Terminal Operations Management operates third party bulk fuel facilities for its customers. Presently, the joint venture operates and maintains 17 bulk fuel terminals in Australia.

Earlier this month, UGL had bagged two contract extensions worth around AUD 160 million ($119.33 million) for delivering planning, maintenance, and shutdown services related to certain oil and gas brownfield projects in Western Australia.