Wood Group PSN awarded Caltex contract extension
25 March, 2013
Wood Group PSN awarded Caltex contract extension
Wood Group PSN (WGPSN) has secured a contract extension from Caltex Australia
Ltd (Caltex) to deliver integrated maintenance services at its two Australian
refineries - Lytton in Brisbane and Kurnell in Sydney.
Effective from June 2013, the $45 million (AUD), 18 month contract marks the
continuation of a three year contract first awarded to WGPSN in 2010.
Providing maintenance management, mechanical and support services to the Caltex
refineries, WGPSN employs more than 200 people at both sites.
Matt Gavin, WGPSN managing director for Australia & Asia Pacific said, "We have
been able to deliver tangible maintenance performance improvements across both
refineries since this contract was awarded and this extension is testament to
Caltex's confidence in WGPSN. It also further cements our credentials as a
leading industrial maintenance service provider in Australia.
"Our key successes on this contract include a marked reduction in the backlog
of maintenance work, significant improvement in maintenance compliance, and a
pleasing increase in scheduled work delivery. This has translated to improved
reliability and performance at both sites and will hopefully help Caltex
achieve its goal of becoming a top quartile performer for maintenance and
reliability when compared to other refineries in the Asia Pacific region.
"Promoting a strong safety culture at both Lytton and Kurnell has also been a
priority."
Gary Smith, general manager of refining and supply at Caltex, said, "Wood Group
PSN has worked closely with Caltex to help deliver measurable improvements in
reliability and has been an important partner in driving improved safety
outcomes at both locations".
ENDS
Notes to Editor:
Wood Group is an international energy services company with around $7bn sales,
employing around 43,000 people worldwide and operating in 50 countries. The
Group has three businesses - Engineering, Wood Group PSN and GTS providing a
range of engineering, production support, maintenance management and industrial
gas turbine overhaul and repair services to the oil & gas, and power generation
industries worldwide. www.woodgroup.com
Wood Group PSN is a global provider of pre-operations, hook up & commissioning,
operations & maintenance, engineering, construction, project management,
training and decommissioning services to the energy industry. Employing over
29,000 people in more than 40 countries, Wood Group PSN offers high integrity,
brownfield services that support customers to optimise performance, maintain
production, reduce operating costs and provide integrity assurance.
www.woodgroup-psn.com
Caltex Australia
With more than 3,500 employees across Australia, Caltex is the nation's leading
fuels marketer and is underpinned by a flexible and reliable supply chain. The
integrated business incorporates supply, refining, logistics and marketing.
With more than 27,000 shareholders, including institutions, retail investors,
employees, and Chevron Global Energy Inc., Caltex is the only oil refining,
fuel and convenience marketing company listed on the Australian Securities
Exchange. Caltex's vision is to be the outright leader in transport fuels
across Australia.
For further information contact:
Zara D'Cotta, Communications lead - Australia & Asia Pacific, Wood Group PSN
Tel: +61 4 02 280 064, email: zara.dcotta@woodgroup.com
Kerry Sedge, Global communications manager, Wood Group PSN
Tel: +61 4 175 78000, email: kerry.sedge@woodgroup.com
Carolyn Smith, Director, Corporate Communications - Eastern Hemisphere, Wood Group
Tel : +44 (0) 1224 851099, email: carolyn.smith@woodgroup.com
Latest directors dealings
- 1 day ago Savannah Energy
- 1 day ago Buccaneer Energy PLC
- 1 day ago Savannah Energy
- 1 day ago Carclo
- 1 day ago Schroder Japan Growth Fund