CIMIC’s UGL wins $120m contract extensions for oil and gas brownfield projects in Australia
CIMIC Group said that its subsidiary UGL has won a couple of contract extensions worth around AUD 160 million ($119.33 million) for providing planning, maintenance, and shutdown services pertaining to certain oil and gas brownfield projects in Western Australia.
The first of the contract is said to be from an undisclosed major oil and gas company under a non-binding framework agreement for the provision of brownfields implementation services.
CIMIC Group said that the contract calls for planning and execution of mechanical, electrical, insulation, instrumentation, access, coatings, and fire protection.
The other contract is from a major oil and gas company as well, said the company. It involves the provision of brownfields maintenance, projects, and shutdown services for the former’s assets in the North-West of Western Australia, which includes onshore and offshore operations.
Juan Santamaria — CIMIC Group Executive Chairman and CEO said: “UGL has the workforce and expertise to support the full spectrum of structural, mechanical, piping, electrical and instrumentation services for the resources sector.
“We’re proud to contribute to some of the nation’s most advanced gas production systems and the delivery of energy solution for all Australians on behalf of these leading oil and gas companies.”
UGL has been granted extensions to 2024 and 2022, respectively.
Doug Moss — UGL Managing Director said: “UGL is pleased to extend our relationship with our longstanding clients. We are one of Australia’s leading service providers in the oil and gas industry and we look forward to continuing these operations in Western Australia.”