Perth-based engineering and construction company Decmil Australia has been awarded a $74 million sub-contract by Thiess for the design and construction of temporary construction facilities on the Gorgon Project.
Perth-based engineering and construction company Decmil Australia has been awarded a $74 million sub-contract by Thiess for the design and construction of temporary construction facilities on the Gorgon Project.
Decmil said the contract, including the installation of temporary facilities and the the supply and installation of warehouses and workshops and related engineering and design, brings the Decmil Group's order book to $350 million.
Of this $350 million, approximately $132 million will be completed in the 2009-10 financial year with $218 million in the 2010-11.
On-site work is expected to commence mid 2010 with practical completion anticipated in September 2011.
Decmil Group chief executive, Scott Criddle said securing another Gorgon contract was yet another reflection of the strong standing and respected relationships Decmil has built with major companies in the oil and gas sector, including Chevron and the Kellogg Joint Venture.
"In the past 12-18 months, Decmil Australia has been diligent in its approach to securing significant contracts in the Western Australian resources and oil and gas sectors," he said in a statement.
"We intend to increase our capacity across the Group to ensure we are well positioned to continue executing larger projects with our key clients."
Full announcement below:
Decmil Australia awarded $74M civils sub-contract with Thiess for Gorgon Project
Highlights
Decmil Australia awarded sub-contract with Thiess for the design and construction of temporary construction facilities for Gorgon Project.
Contract award will lift Decmil Group's order book to A$350M (about A$218M in 2010/11)
Work planned to start in mid 2010
In line with Decmil Group's expansion strategy for next three years
Perth-based engineering and construction company Decmil Group Limited (ASX: DCG) today announced that its wholly-owned subsidiary, Decmil Australia Pty Ltd (Decmil) has been awarded a $74M sub-contract by Thiess Pty Ltd (Thiess) for the design and construction of temporary construction facilities which form part of Thiess' Site Preparation & Temporary Construction Facilities contract for the Gorgon Project.
The scope of work includes: the installation of temporary facilities, the supply/installation of warehouses and workshops and related engineering and design. On-site work is expected to commence mid 2010 with practical completion anticipated in September 2011.
The contract award increases DGL's order book to A$350 million, of which approximately A$132 million will be completed in the 2009/10 financial year with A$218 million in the 2010/11.
Decmil Group Limited CEO Scott Criddle said "In the past 12-18 months, Decmil Australia has been diligent in its approach to securing significant contracts in the Western Australian resources and oil and gas sectors."
"Securing another Gorgon contract is yet another reflection of the strong standing and respected relationships Decmil has built with major companies in the oil and gas sector, including Chevron and the Kellogg Joint Venture."
The Group has an expansion strategy in place for the next 1 - 3 years and in recent years, has focussed on assembling a strong team of the best people to ensure it has the resources to service contracts to the value of A$500 million.
"We intend to increase our capacity across the Group to ensure we are well positioned to continue executing larger projects with our key clients." Mr Criddle said.
