DOW
01/11/2013 11:06
GENERAL
REL: 1106 HRS Downer EDI Limited
GENERAL: DOW: Downer secures $400m E&I packages for Wheatstone project
Media/ASX and NZX Release
DOWNER SECURES $400 MILLION E&I PACKAGES FOR WHEATSTONE PROJECT
1 November 2013
Downer EDI Limited (Downer) announced today that it has secured a contract
with Bechtel for two electrical and instrumentation (E&I) packages for the
downstream portion of the
Chevron-operated Wheatstone Project in Western Australia.
The contract, valued at approximately A$400 million, will commence onsite
late 2014.
Under the agreement, Downer expects to create up to 600 Australian jobs
predominantly located at Ashburton North, 12 kilometres west of Onslow in
Western Australia. The new roles will be across a variety of construction
trades, mainly electrical and instrumentation. There will also be a number of
new project administration and functional support roles located in Downer's
Perth office.
The scope of work, which covers both inside and outside the LNG trains and
domestic gas plant processing areas, includes:
o installation of cable support systems
o installation of electrical, control and instrumentation cabling
o installation and calibration of instruments
o installation of major electrical equipment
o general lighting and power
o pre-commissioning works
o commissioning and start-up assistance
The Chief Executive Officer of Downer, Grant Fenn, said: "We are delighted to
have been awarded the E&I packages on one of Australia's largest resource
projects and to create employment opportunities within Australia.
"Downer is Australia's leading E&I contractor and these contracts will help
us to build on our proven track record in oil and gas. We have a strong
working relationship with Bechtel and look forward to working with them to
deliver this important project."
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61
439 470145
Luke Thrum, Manager Investor Relations +61 459 828720
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, Telecommunications, Water
and Property sectors across Australia, New Zealand and the Asia Pacific
region. Downer is committed to Zero Harm, which means sustaining a work
environment which supports the health and safety of its people and minimises
the impact the business has on the environment.
About the Wheatstone Project:
The Chevron-operated Wheatstone Project is one of Australia's largest
resource projects. Located at Ashburton North, 12 kilometres west of Onslow
in Western Australia, the project will consist of two LNG trains with a
combined capacity of 8.9 million tonnes per annum and a domestic gas plant.
The Wheatstone Project is a joint venture between Australian subsidiaries of
Chevron, Apache Corporation, Kuwait Foreign Petroleum Exploration Company
(KUFPEC), Shell and Kyushu Electric Power Company (Kyushu) together with PE
Wheatstone Pty Ltd (part owned by TEPCO).
About Chevron Australia:
Chevron is one of the world's leading integrated energy companies and through
its Australian subsidiaries, has been present in Australia for more than 60
years. With the ingenuity and commitment of more than 4,000 people, Chevron
Australia leads the development of the Gorgon and Wheatstone natural gas
projects; manages its equal one-sixth interest in the North West Shelf
Venture; and operates Australia's largest onshore oilfield on Barrow Island.
Chevron is also a significant investor in exploration offshore northwest
Australia and onshore in the Nappamerri Trough, central Australia. Chevron's
Perth-based Global Technology Centre provides technology support and
solutions to the company's operations in Australia and around the world.
www.chevronaustralia.com
About Bechtel:
Bechtel is contracted to Chevron to provide engineering, procurement and
construction services for the downstream portion of the Wheatstone LNG
Project. Bechtel is among the most respected engineering, project management,
and construction companies in the world. We stand apart for our ability to
get the job done right - no matter how big, how complex, or how remote.
Bechtel operates through five global business units that specialise in civil
infrastructure; power generation, communications, and transmission; mining
and metals; oil, gas, and chemicals; and government services. Since its
founding in 1898, Bechtel has worked on more than 22,000 projects in 140
countries on all seven continents. Today, our 53,000 employees team with
customers, partners, and suppliers on diverse projects in nearly 50
countries. For more information about Bechtel visit www.bechtel.com
End CA:00243226 For:DOW Type:GENERAL Time:2013-11-01 11:06:17
(20min delay)