Transfield Services preferred for A$100 million per annum contract with Santos
Transfield Services announced today that it has been selected by Santos Limited as preferred contractor for an estimated A$100 million per annum contract to provide construction and maintenance services at its operations in the Cooper and Eromanga Basins in central Australia.
The contract is for five years, which may be extended by Santos for three one-year extensions. The selection of Transfield Services is subject to satisfaction of a number of conditions precedent.
The contracted scope of work covers Santos’ requirements for project delivery, brownfields construction, flow line construction, shutdown, maintenance and industrial services, primarily in the Cooper and Eromanga Basins and associated infrastructure. It is a significant expansion on Transfield Services’ existing agreement with Santos.
“We are delighted and proud that Santos has selected Transfield Services. We look forward to utilising our specialist oil and gas expertise to help Santos achieve its business objectives for the Cooper and Eromanga Basins” said Transfield Services Managing Director and CEO, Peter Goode.
Santos’ Vice President of Eastern Australia, James Baulderstone, noted that “Our relationship with Transfield is another key component of Santos’ growth objectives for the Cooper Basin, and harnessing the significant long-term potential that it offers.”
Transfield Services’ subsidiary, Easternwell, recently signed contracts to an estimated value of $102M to continue servicing wells at Santos’ Cooper Basin and Eastern Queensland production sites.
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