ATCO lands $127M deal for Wheatstone LNG project
This additional work is ATCO's fourth major contract supporting liquefied natural gas projects in Australia
CALGARY—ATCO Structures & Logistics Pty. Ltd. will design, manufacture and install 435 modular buildings under its current agreement with Bechtel on the Chevron-operated Wheatstone project in Western Australia.
The additional work is valued at an estimated CAN$127.4 million (AUD$130 million) and will start in March 2015 with an expected completion in late 2015.
This additional work is the fourth major contract supporting liquefied natural gas projects in Australia, spanning both the resource-rich east and west coasts.
“ATCO is pleased to continue its work with Bechtel and Chevron on one of Australia’s largest resource projects and to support the creation of jobs in the communities where we operate,” said George Lidgett, president, ATCO Structures & Logistics. “Our investment in manufacturing in Western Australia has provided us with the flexibility to meet the varied requirements of partners in the state, as well as more broadly in the region, by utilizing a well-established local supply chain, ensuring the best quality and reliable product at a competitive price.”
ATCO undertakes off-site construction and on-site installation simultaneously, using a coordinated just-in-time methodology. In 2013, the company opened the largest customized modular manufacturing facility in Australia with capacity to produce more than 250 modules per month, incorporating a high level of automation across all its manufacturing processes.
ATCO Structures & Logistics is part of the ATCO Group of Companies, a Calgary-based global company with more than 9,000 employees and assets of approximately $18 billion