VINCI Wins Three Oil & Gas Contracts in Australia and Colombia
28 November 2014 - 3:45AM
Business Wire
Regulatory News:
VINCI (Paris:DG):
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.
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).
About VINCIVINCI 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.www.vinci.com
VINCIPRESS CONTACTMaxence Naouri, Tel.: +33 1 47
1631 82maxence.naouri@vinci.com
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