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Ann: GENERAL: DOW: Downer announces Engineering w

    • Release Date: 23/02/12 13:52
    • Summary: GENERAL: DOW: Downer announces Engineering work worth over $425 million
    • Price Sensitive: No
    • Download Document  2.38KB
    23/02/2012 11:52
    REL: 1152 HRS Downer EDI Limited
    GENERAL: DOW: Downer announces Engineering work worth over $425 million
    Media/ASX and NZX Release
    23 February 2012
    Downer EDI Limited (Downer) today announced that it had secured contracts
    collectively valued at over $425 million in Queensland, Victoria and Western
    These contracts have been awarded in the 2012 financial year and include
    electrical and instrumentation projects as well as structural, mechanical,
    piping and engineering work.
    The Chief Executive Officer of Downer, Grant Fenn, said these project wins
    strengthened Downer's work pipeline and highlighted the large number of
    opportunities for Downer Australia.
    The new projects include:
    o above ground electrical and instrumentation work for Gindalbie Metals at
    the Karara Iron Ore Process Plant in Geraldton, Western Australia valued at
    $64 million;
    o installation of accommodation and process modules for Origin Energy on the
    Yolla off-shore platform in Bass Strait with Downer providing project
    planning and logistics support, workshop fabrication of process piping and
    structural elements as well as the on-rig installation. This contract is
    valued at more than $60 million and represents a significant portion of the
    Yolla Mid Life Expansion Program;
    o contracts for design, construction and testing of new substations and new
    switchyards valued at approximately $85.5 million; and
    o design and consulting, and specialist services work collectively valued at
    more than $120 million. This includes feasibility studies, process design,
    design engineering, project execution and delivery, and process equipment
    design and supply undertaken by CPG Resources. Downer Australia's Specialist
    Services include facilities and water management and electronic ticketing.
    For further information please contact:
    Michael Sharp, Group Head of Corporate Affairs and Investor Relations  +61
    439 470145
    Sonja Kukec, Manager Corporate Affairs    +61 437 766483
    Downer EDI Limited (www.downergroup.com) provides comprehensive engineering
    and infrastructure management services to the public and private Minerals &
    Metals, Oil & Gas, Power, Transport Infrastructure, Communications, Water and
    Property sectors across Australia, New Zealand and the Asia Pacific region.
    End CA:00219927 For:DOW    Type:GENERAL    Time:2012-02-23 11:52:40

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