CIMIC's UGL secures oil & gas extensions in Western Australia5 September 2021
CIMIC Group’s UGL has been granted two contract extensions for planning, maintenance and shutdown services in Western Australia.
The contract extensions are expected to generate revenue to UGL of approximately $160 million and cover the:
1、Provision of brownfields implementation services for a leading oil and gas company under a non-binding framework agreement. The contract includes planning and execution of mechanical, electrical, instrumentation, access, insulation, coatings and fire protection; and
2、Provision of brownfields maintenance, projects and shutdown services for a leading oil and gas company for assets in the North-West of Western Australia including onshore and offshore operations.
CIMIC Group Executive Chairman and Chief Executive Officer Juan Santamaria 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 Managing Director Doug Moss 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.”
These extensions are granted to 2024 and 2022 respectively.
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