UGL inks Chevron deal

Contract for maintenance services expected to take effect in early 2014.

UGL (UGL) has inked a five-year contract to provide maintenance services to Chevron Australia.

In a statement to the Australian Securities Exchange, UGL said the multi-million dollar contract for the operational phase of Chevron's Western Australian assets also includes extension options beyond the initial term.

UGL said it may perform mechanical, electrical and instrumentation base maintenance, plant turnaround and brownfield execution services for Chevron's WA assets.

UGL expects to start mobilising its workforce early in the first half of calendar 2014 and says Australian industry participation is expected to exceed 90 per cent of revenue over the life of the contract.