26/05/2009 - 16:00

Agility wins $250m Gorgon contract

26/05/2009 - 16:00

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Swiss company Agility Project Logistics has entered into an agreement valued at $250 million with Chevron Australia for supply base operations and transportation services to support the Gorgon gas project.

Swiss company Agility Project Logistics has entered into an agreement valued at $250 million with Chevron Australia for supply base operations and transportation services to support the Gorgon gas project.

The latest contract comes nearly two weeks after Chevron awarded a $350 million, three-year contract to Melbourne-based SKILLED Group, as part of a joint venture, to supply marine vessels and labour for the project.

Chevron has yet to make a final investment decision on Gorgon, estimated to cost around $50 billion, with a decision expected later this year.

The project has received the go ahead from the Environmental Protection Authority and needs final ministerial approval from the state and federal governments.

 

The announcement is below:


Agility Project Logistics is pleased to announce that it has entered into an agreement with Chevron Australia Pty Ltd ("Chevron") for supply base operations and transportation services to support the Gorgon Project.

The Gorgon Project is a joint venture between the Australian subsidiaries of Chevron (Operator), Exxon Mobil and Shell, to develop the Greater Gorgon gas field located between 130km and 200km off the north-west coast of Western Australia. The Greater Gorgon gas fields contain resources of about 40 trillion cubic feet of gas, Australia's largest-known undeveloped gas resource.

Agility Australia's Managing Director Mick Turnbull said, "this is a significant step for the company as it continues to develop its world class logistic operations to support the Australian offshore oil and gas industry. This project will require significant investment and recruitment and will have an important impact on the West Australian economy".

Contract Value is expected to be approx A$250M.

Agility is one of the world's leading providers of integrated logistics to businesses and governments. It is a publicly traded company with $6.8 billion in annual revenue and more than 34,000 employees in over 550 offices and 120 countries. Agility brings efficiency to supply chains in some of the globe's most challenging environments, offering unmatched personal service, a global footprint, and customized capabilities in developed and emerging economies alike.

Agility has three business divisions: Agility Global Integrated Logistics (GIL) is headquartered in Switzerland and provides supply chain solutions to commercial customers large and small. Agility Defense & Government Services (DGS), based in Washington, offers logistics services to governments, relief agencies and international institutions worldwide. Agility Infrastructure group companies primarily focus on opportunities in the Middle East, Africa and South Asia, providing infrastructure support in the areas of industrial real estate, customs optimization, and airline services.

 

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