Transfield Services awarded A$200 million CSG contract with QGC
Transfield Services has been awarded a A$200 million contract to provide maintenance and operations services to QGC Pty Limited’s upstream coal seam gas (CSG) assets in Queensland.
The contract is for five years, with a two‐year extension option. Revenue has the potential to increase through the life of the contract as project investment increases.
The upstream assets form part of QGC’s Curtis Liquefied Natural Gas (QCLNG) Project and include processing plants, compression stations, approximately 2,000 operational gas wells and connecting infrastructure. The contract’s scope incorporates all of these assets.
“This award is a direct result of our strategic focus on Queensland’s growing CSG industry,” said Transfield Services Managing Director and CEO, Graeme Hunt. “It also reflects our track record in the oil and gas sector, including the proven capability and safety record of our well servicing subsidiary Easternwell.”
“Importantly, the win follows shortly after the award of a construction contract with the same client, demonstrating our ability to deliver services across the full asset lifecyle – a key differentiator for our business,” said Mr Hunt. “We look forward to strengthening our partnership with QGC.”
In October, Transfield Services, together with joint venture partner Clough Limited, was awarded an $A80 million construction contract with QGC Pty Limited as part of the QCLNG project.
QCLNG will be one of the world’s first projects to convert CSG into LNG. It involves expanding QGC's existing coal seam gas production in the Surat Basin of southern Queensland, building a 540km natural gas pipeline network and constructing a natural gas liquefaction plant on Curtis Island, near Gladstone, where the gas will be converted to LNG for export.
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