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06.07.2019 (3024 Clicks)

Cimic’s UGL secures Extension with Sydney Trains

Cimic Group company UGL has secured a five-year extension to its contract with Sydney Trains for the delivery of maintenance and logistics services for a portion of Sydney’s metropolitan passenger rail fleet.

This five-year extension, effective from 1 July 2019, replaces the two-year extension announced on 30 January 2019, and will provide heavy maintenance, component overhaul and supply chain capabilities, coupled with engineering and depot-related support.

The extension will generate revenue of approximately $630 million to UGL, replacing the $277 million of revenue announced in January.

Cimic Group Chief Executive Officer Michael Wright said: “We are very pleased to be extending our long-standing relationship with Sydney Trains and Transport for NSW, building on a partnership that has spanned several decades.

“Cimic Group, through its various operating companies including UGL, CPB Contractors, Pacific Partnerships and EIC Activities, provides a unique and market leading rail capability to the rail network owners and operators of NSW and beyond. Through this contract extension, UGL will provide value and optimal benefit for the people of New South Wales.”

UGL Managing Director Jason Spears said: “This significant contract extension further confirms UGL’s position as a market leader in rail maintenance and asset management, and our reputation for delivering reliable rolling stock asset management and maintenance.”

The services will be delivered through UGL Unipart, a 70:30 joint venture between UGL and Unipart Rail UK. The joint venture draws on both UGL’s asset management and maintenance capability and extensive knowledge of Sydney’s metropolitan passenger rail fleet, in addition to Unipart Rail UK, which delivers world class supply chain services to both the rail and vehicle industries.

Source: Hochtief AG

                     

04.07.2019 (3161 Clicks)

Record Resources Export Result delivers another Milestone for Queensland Trade

Exports from the Queensland resources sector over the last 12 months have earnt $70 billion for the first time, based on trade data released today.

03.07.2019 (3706 Clicks)

K+S Brine Challenge was great Success

Winners of the crowdsourcing competition are from the USA and Australia

02.07.2019 (3412 Clicks)

Hochtief Consortium completes eight-lane Motorway Bridge over the St. Lawrence River in Montreal

• 3.4-kilometer-long structure connects Canada with the USA
• Consortium will operate the route for 30 years
• Partner: Hochtief PPP Solutions, Flatiron, Iridium, Dragados

02.07.2019 (2747 Clicks)

New Leader for Queensland Exploration Council in 2019

The Queensland Resources Council (QRC) together with its explorer-focused membership body the Queensland Exploration Council (QEC) has welcomed a new Chair for the QEC, Kim Wainwright.

01.07.2019 (2901 Clicks)

Salini Impregilo Group invests in Sustainability in Argentina and acquires Riachuelo Megaproject

Fisia Italimpianti of the Salini Impregilo Group has acquired a contract worth $215 million to build Lot 2 of the Riachuelo system in Buenos Aires, Argentina, a mega engineering and infrastructure project to reduce pollution in the Riachuelo River, the most polluted in the country.

01.07.2019 (2694 Clicks)

QRC signs MoU with Mackay, Isaac, Whitsundays (Councils) to further strengthen Resources Jobs

The Queensland Resources Council (QRC) and the Greater Whitsunday Council of Mayors (GWCoM’s) have signed an agreement to ensure a greater commitment to jobs and investments into the region’s economy.

01.07.2019 (3370 Clicks)

Strabag commences expanded Contract for Polyhalite Mine in the UK

• A further 24 km of mechanised tunnelling and construction of 37 km underground mineral transport system
• Start of construction for Drives 2 + 3 in late June 2019
• Mining of world’s largest polyhalite deposit at Woodsmith Mine near Whitby in North Yorkshire, England, from 2021

29.06.2019 (3652 Clicks)

Contract Win for Implenia in Norway

New railway line including station for the town of Moss | Contract worth approximately NOK 3,400 million

26.06.2019 (3038 Clicks)

Balfour Beatty’s Perth Transport Futures project awarded ‘Contract of the Year’ at NEC Awards

Balfour Beatty was commended at the New Engineering Contract (NEC) awards ceremony last week as it secured the 2019 ‘Contract of the Year’ award.