AECOM awarded US$15.6-million first year of renewable contract for Ghana’s
Western Corridor Gas Infrastructure Development Project
LOS ANGELES -- February 25, 2013
AECOM Technology Corporation (NYSE: ACM), a leading provider of professional
technical and management support services for public and private clients in
more than 140 countries around the world, announced today that it has been
awarded a US$15.6-million first-year contract for the Western Corridor Gas
Infrastructure Development Project (WCGIDP) by the Ghana National Gas Company.
The contract is renewable annually.
The Ghana National Gas Company is currently executing the project on a
fast-track basis. The project primarily consists of a 27-mile shallow-water
section of the offshore pipeline from Ghana’s Jubilee Field to Atuabo; a
gas-processing plant at Atuabo; a 68-mile onshore pipeline from Atuabo to
Aboadze; a 46-mile onshore lateral pipeline from Essiama to Prestea; a natural
gas liquids export system in Domunli; and other infrastructure such as storage
facilities and an office complex.
AECOM will provide full program management services, including consultancy and
construction supervision as well as technical training and professional
capacity building, during the entire development of the project.
The WCGIDP is designed to generate employment, new infrastructure and economic
growth for Ghana while providing electricity to the public at a much lower
cost and enhancing the competitiveness of the country’s industries. The
project also supports the nation’s goal to become a petroleum-processing hub
and a preferred exporter of power in western Africa.
The gas provided by the project to Ghanaians is expected to meet their
consumption needs and eliminate the periodic shortages that occur.
Furthermore, the gas provided will replace wood fuels and will help reduce
“This is a great project that will directly benefit the local economy and
communities in Ghana, and we are excited to play a key role in driving
progress in the region,” said AECOM Chairman and Chief Executive Officer John
M. Dionisio. “This project also reflects the ongoing success of AECOM’s
diversified growth strategy as we expand further in the oil and gas sector as
well as emerging geographies.”
AECOMis a global provider of professional technical and management support
services to a broad range of markets, including transportation, facilities,
environmental, energy, water and government. With approximately 45,000
employees around the world,AECOMis a leader in all of the key markets that
it serves. AECOMprovides a blend of global reach, local knowledge, innovation
and technical excellence in delivering solutions that create, enhance and
sustain the world's built, natural, and social environments. AFortune
500company,AECOMserves clients in more than 140 countries and had revenue
of$8.2billion during the 12 months ended Dec.31, 2012. More information
onAECOMand its services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release other than
statements of historical fact are "forward-looking statements" for purposes of
federal and state securities laws, including any projections of earnings,
statements of plans for future operations or expected revenue. Actual results
could differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause actual results
to differ materially from our forward-looking statements are set forth in our
quarterly report on Form 10-Q for the fiscal quarter ended Dec. 31, 2012, and
our other reports filed with the U.S. Securities and Exchange Commission.
AECOM does not intend, and undertakes no obligation, to update any
AECOM Technology Corporation
VP, External Communications
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