CIMIC Group company UGL has secured contracts to provide maintenance, turnarounds and project services for its clients in the oil and gas sector.

These contracts will generate a combined revenue to UGL of approximately $450 million and be executed over a multiple-year period.

The contracts will be active from December 2019 and will deliver: Extension of maintenance and turnaround services at the Chevron operated Gorgon and Wheatstone facilities in Western Australia, where UGL is delivering mechanical, electrical, instrumentation and access services for maintenance, plant turnaround and brownfield execution services, supporting ongoing employment for a highly skilled local workforce of up to 1,000, and new upskilling and apprenticeship opportunities.

Extension of integrated services for structural, mechanical, piping, electrical and instrumentation for existing oil and gas sector clients in Western Australia and Victoria.

CIMIC Group Chief Executive Officer Juan Santamaria said: 'These contracts exemplify the strength of UGL's solid client relationships and its position as a market leader in the delivery of maintenance and mechanical, electrical and instrumentation services to the oil and gas industry.'

UGL Managing Director Jason Spears said: 'We are proud of our close working partnerships with leaders in the oil and gas sector in Australia. These contracts reflect UGL's reputation for strong performance and safe delivery of maintenance and shutdown services.'

Contact:

Mr Justin Grogan

Tel: +61 2 9925 6628

CIMIC Group (ASX:CIM) is an engineering-led construction, mining, services and public private partnerships leader working across the lifecycle of assets, infrastructure and resources projects. CIMIC Group comprises our construction business CPB Contractors, including Leighton Asia and Broad, our mining and mineral processing companies Thiess and Sedgman, our services specialist UGL and our public private partnerships arm Pacific Partnerships - all supported by our in-house engineering consultancy EIC Activities. Our mission is to generate sustainable shareholder returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for our people. With a history since 1899, and around 40,000 people in 20 countries, we strive to be known for our principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. CIMIC is a member of the S&P/ASX 100 index, the Dow Jones Sustainability Australia Index and FTSE4Good.

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