26/05/2022 - 13:13

Civmec lines up $120m in work

26/05/2022 - 13:13

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Henderson-based contractor Civmec has won a suite of new work with BHP, Subsea 7, and Roy Hill.

Civmec lines up $120m in work
Civmec has won three new contracts and secured an extension. Photo: Attila Csaszar

The company estimates the value of the four contracts, three of which are new, to be in the realm of $120 million.

The new work includes a contract from BHP, under which Civmec will replace a car dumper at BHP’s Nelson Point facility in Port Hedland.

Fabrication works are set to start in the new financial year with Civmec anticipating the contract to employ up to 85 people.

Civmec has also been contracted to build more than 1,700 tonnes of subsea structures on Woodside’s Scarborough project by Subsea 7.

Work is set to be carried out from Q2 and will employ 80 people at peak.

In addition, Roy Hill has awarded Civmec a structural mechanical piping and electric works contract on a crusher at its mine facility 115 kilometres north of Newman.

Work for that contract is expected to be completed in Q2 FY23.

Roy Hill has also extended its shutdown and maintenance support services contract with Civmec for another five years through to March 2027.

Civmec chief executive officer Patrick Tallon commented on the contract wins.

“These new contracts demonstrate the Company’s track record of delivering for its clients,” Mr Tallon said.

“We are very pleased to secure this work and are committed to maintaining our long-standing client relationships.”

Most recently, Civmec was awarded a contract by the state government as the lead on a consortium tasked with constructing the $100 million Swan River Bridge 

Civmec shares last changed hands at 62 cents.

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