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Transfield Services awarded A$100 million in contracts

Posted On August 7, 2012


Transfield Services has been awarded two engineering design and construction contracts in the Pilbara, Western Australia, worth a total of A$100 million.

The contracts, with Rio Tinto and Fortescue Metals Group, integrate the expertise of Transfield Services’ specialist engineering design subsidiary, ICD, with the Company’s construction capability. The contracts are:

  • A one year, $65 million contract to design and construct Rio Tinto’s Parker Point fuels storage terminal in Dampier. The terminal, which receives fuel via a 1.8 kilometre jetty and distributes the fuel by rail, is part of Rio Tinto’s iron ore operations in the Pilbara.
  • A one?year $35 million contract to design and construct diesel storage facilities and distribution infrastructure to support the development and operations of the Solomon Mine in the Pilbara. The site is strategically located near railway and road infrastructure 30 minutes from Port Hedland and is critical to Fortescue’s expansion plans in the region.

“These contracts deliver on our strategy to provide higher?value front?end services to the resources and energy industry,” said Managing Director and CEO of Transfield Services, Peter Goode. “They also demonstrate the Company’s engineering and construction capabilities, which form part of our whole?of?life asset management offering.”

Following the Company’s Full Year Guidance update in April this year, Transfield Services also confirms that it has completed the legacy construction contract in its New Zealand business, with no additional provision expected.

 

Source: ProjectLink.com.au

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