PRZOOM - /newswire/ -
Sydney, Australia, 2018/08/30 - CIMIC Group company UGL has secured four new maintenance, shutdown and project services contracts across the energy and resources sectors; further expanding its power generation capability - UGLlimited.com / CIMIC.com.au. ASX: CIM
The new work has a combined revenue of approximately $165 million.
Executed over five years, the work comprises maintenance and project-related services work in the energy and oil and gas sectors, as well as integrated services for structural, mechanical, piping, electrical and instrumentation in the iron ore sector.
CIMIC Group Chief Executive Officer Michael Wright said: “These contract awards exemplify the strength of our long-standing client relationships and UGL’s position as a market leader in the delivery of maintenance and shutdown services.”
UGL Managing Director Jason Spears said: “We are proud of our close working partnerships with our energy and resources sector clients. These contracts reflect our solid reputation for the safe delivery and performance of maintenance and shutdown services contracts, as well as expanding UGL’s power generation capability.
About CIMIC Group Limited
CIMIC Group Limited (cimic.com.au) is a world-leading infrastructure, mining, services and public private partnerships group. We have businesses in construction (CPB Contractors and Leighton Asia), mining and mineral processing (Thiess and Sedgman), operation and maintenance services (UGL), public private partnerships (Pacific Partnerships) and engineering (EIC Activities). Our mission is to generate sustainable shareholder returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for our people. With a history since 1899, and more than 50,000 people in 20 countries, we strive to be known for our principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. CIMIC is a member of the S&P/ASX 200 index, the Dow Jones Sustainability Australia Index and FTSE4Good.
Contact: Mr Justin Grogan, Investor Relations; T: +61(2) 9925 6628.