UGL wins Santos GLNG contract

Santos GLNG has awarded UGL Ltd a new three year contract to provide plant services for the operational phase of the Curtis Island LNG facility.

Under the scope of the contract, which has a total value of approximately $120 million, UGL will perform maintenance, shutdown, engineering and project services for the LNG facility. There is also an option to extend the contract for a further four years.

UGL expects to commence mobilisation of its workforce in 2Q15.

UGL's Managing Director and CEO, Ross Taylor, said: "Securing another major contract in LNG maintenance reflects UGL's market leading position in this important growth sector in Australia.

"Our success in being awarded the contract by Santos GLNG reflects our ability to align with the client's vision and their strong health, safety and environmental culture. We look forward to working with Santos GLNG in delivering a flexible and collaborative solution to their asset management needs on Curtis Island.

"This contract, along with the recent announcement of the APLNG maintenance contract further enhances UGL's strong base of recurring revenue and positions us well for future maintenance opportunities as LNG facilities currently under construction move to their operational phase."

Edited from press release by Callum O'Reilly

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/25032015/ugl-wins-santos-glng-contract-474/