PRZOOM - /newswire/ -
Rueil-Malmaison, Hauts-de-Seine, France, 2014/11/27 - Spiecapag (VINCI Construction), a global specialist in onshore pipelines and oil & gas infrastructure, has won one contract in Australia and two in Colombia for the construction of two gas pipelines and one oil pipeline - VINCI.com. CAC 40; Euronext 100
Australian company APA, the leading gas operator in Australia, awarded the joint venture formed by Spiecapag (lead company) and Lucas a contract for the construction of the Eastern Goldfield Pipeline, a 300 km gas pipeline in Western Australia, about 1,000 km to the east of Perth. It will cross a near-desert region to fuel an electrical power plant for the Sunrise Dam and Tropicana gold mines operated by AngloGold Ashanti. The work will be carried out between March and November 2015.
The contract is worth A$60 million (around €42 million), and bolsters the presence of Spiecapag in Australia following on from work there in 2013 and 2014 on the QCLNG Trunklines North project for QGC (British Gas) in Queensland. This project involved 54 km of gas pipes, 25 km of water supply pipes and the installation of 80 km of high voltage and optical fibre cables.
In Colombia, Ecopetrol awarded the joint venture formed by Spiecapag (lead company) and Colombian company Ismocol a contract for the construction of the first 37 km section of an oil pipeline to the south-east of Bogota, with an option to construct an additional 40 km section.
Also in Colombia, Pacific Stratus awarded the Golfo de Morrosquillo (CGM) consortium headed by Spiecapag a contract for a project to export natural gas, including the construction of an 80 km onshore gas pipeline and a 4 km offshore gas pipeline, as well as civil engineering for a maritime terminal and construction of its structures.
The two projects are worth a total amount of US$180 million (around €145 million).
VINCI (vinci.com) is a global player in concessions and construction, employing close to 191,000 people in some 100 countries and generating 2013 revenue of €40.3 billion. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities.
VINCI’s goal is to build long-term value in this way for its customers, shareholders, partners and employees, and for society at large.