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CIMIC’S UGL secures $150m services contract extension

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CIMIC Group’s UGL has been awarded a contract extension to provide asset management and project-related services at BP fuel terminals across Australia.

The multi-year contract, which includes engineering and maintenance services, was awarded by Australian Terminal Operations Management (ATOM), a joint venture between UGL and BP.

The extension will generate revenue to UGL of approximately $150 million.

CIMIC Group Executive Chairman and Chief Executive Officer Juan Santamaria said: “UGL and CIMIC have a longstanding relationship with BP, and we’re pleased to continue that with the delivery of safe, reliable and effective terminal operations, maintenance and engineering services.”

UGL Managing Director Doug Moss said: “UGL is pleased to extend our partnership with BP through this ATOM contract extension. UGL is proud of its reputation for providing safe and innovative project and maintenance services across Australia and we look forward to continuing that to enhance our client’s capabilities through this contract.”

The contract extension is effective from September 2021.