Transfield Services awarded A$100 million in contracts
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.
Operating for more than 40 years, ICD is a leading engineering design services provider to the petrochemical, chemical, biofuel, distillation, power and mining industries. The company was acquired by Transfield Services in 2009.
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Transfield Services employs over 19,000 people across 18 industries and 10 countries.
We are a global provider of operations, maintenance and construction services to the Resources, Energy, Industrial, Infrastructure, Property and Defence sectors.
We deliver asset management services across all phases of the asset lifecycle, from concept and creation, to services that sustain, optimise and enhance our Client’s assets. With diverse global experience and expertise, we share our knowledge and challenge thinking to develop and implement innovative solutions that deliver real value for our Clients. Our unique approach enables us to deliver continuous improvements in asset performance and sustain long term relationships with our Clients and partners.