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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Transfield Services employs over 19,000 people across 18 industries and 10 countries. We are a global provider of operations, maintenance and construction services to the Resources, Energy, Industrial, Infrastructure, Property and Defence sectors.
We deliver asset management services across all phases of the asset lifecycle, from concept and creation, to services that sustain, optimise and enhance our Client’s assets. With diverse global experience and expertise, we share our knowledge and challenge thinking to develop and implement innovative solutions that deliver real value for our Clients. Our unique approach enables us to deliver continuous improvements in asset performance and sustain long term relationships with our Clients and partners.