Under the contract extension UGL will provide project, engineering, and maintenance services to ATOM, an incorporated 50:50 joint venture between BP Australia and UGL.
The contract will generate revenue to UGL of approximately $150 million over several years.
CIMIC Group Chief Executive Officer Michael Wright said: “We are proud to extend our long-standing relationship with BP and to continue to provide leading asset services to the downstream oil and gas industry in Australia.”
UGL Managing Director Jason Spears said: “Securing this contract extension reflects UGL’s commitment to delivering innovative and cost-effective operations and maintenance services that optimise asset utilisation and the reliability of our client’s critical assets.”
ATOM Chief Executive Officer Chris Gatt said: “We are excited to continue our strategic partnership with UGL, a company which has successfully grown with our business. Our relationship with UGL continues to be integral to delivering safe, reliable and cost-effective services to BP.”