ATCO Awarded A$100 Million Subcontract on Wheatstone Project

ATCO Awarded A$100 Million Subcontract on Wheatstone Project 
CALGARY, ALBERTA -- (Marketwired) -- 05/16/13 --  
Editors Note: There are three photos associated with this press
release. 
ATCO Structures & Logistics Pty. Ltd (ATCO) is pleased to announce
that it has entered into an agreement with Bechtel to design,
manufacture, transport and install 357 modular units for the
Chevron-operated Wheatstone Project in Western Australia. The
contract, valued at an estimated A$100 million, commenced with the
design phase in mid April 2013.  
As a result of the agreement, ATCO expects to create 137 new jobs,
including 42 manufacturing jobs in Perth and Brisbane and 95 jobs
based on site at Ashburton North, 12 km west of Onslow in Western
Australia.  The new roles created on site include engineering,
plumbing, carpentry, electrical trades, general labouring and
administrative positions. The agreement also supports 70 existing
manufacturing, in-house subcontractor and support staff positions.   
"Our proven track record providing large scale turnkey projects in
Australia was a key element in winning this contract," said Adam
Beattie, Managing Director, ATCO Structures & Logistics Pty Ltd. "We
are very pleased to have the opportunity to work with Bechtel and
Chevron and will ensure our component of the project is executed to
the high standards of quality and safety already evident across the
Wheatstone Project."  
The units supplied will be used to form a variety of office complexes
and free standing modular buildings on site including training
centres, IT buildings, guardhouses and medical centres.The units will
be built at ATCO's manufacturing facilities in Brisbane and Perth.
The 150,000 sq. ft. facility in Perth is the newest addition to
ATCO's construction operations in Australia. The plant is expected to
be fully operational in September 2013 and will supply approximately
60 per cent of the required units for the Wheatstone Project. ATCO's
portion of the manufacturing work is expected to begin in July 2013
and completion is scheduled for the end of Q2 2014.  
This is ATCO's fourth major contract win supporting LNG projects in
Australia. In 2011 and 2012, ATCO delivered three large workforce
housing projects for LNG facilities on Curtis Island, providing more
than 6,000 beds for workers constructing LNG terminals.  
About ATCO Structures & Logistics Pty Ltd:  
ATCO Structures & Logistics Pty Ltd is the Australian division of
ATCO Structures & Logistics Ltd. Headquartered in Brisbane,
Queensland, the division has nine sales offices and five
manufacturing facilities throughout Australia. Established in 1961,
the company has provided modular design, manufacturing, and
construction services throughout Australia and Asia.  
ATCO Structures & Logistics offers modular buildings, site services
and industrial noise control solutions worldwide. It has
manufacturing facilities in North America, South America and
Australia, and operations on six continents. To learn more, visit
www.atcosl.com.  
ATCO Structures & Logistics is part of the ATCO Group of Companies.
ATCO Group, with more than 9,400 employees and assets of
approximately $14 billion, delivers service excellence and innovative
business solutions worldwide with leading companies engaged in
structures & logistics (manufacturing, logistics and noise
abatement), utilities (pipelines, natural gas and electricity
transmission and distribution), energy (power generation, natural gas
gathering, processing, storage and liquids extraction) and
technologies (business systems solutions). More information can be
found on www.atco.com.  
About the Wheatstone Project:  
The Chevron-operated Wheatstone Project is one of Australia's largest
resource projects. Located at Ashburton North, 12 kilometres west of
Onslow in Western Australia, the project will consist of two LNG
trains with a combined capacity of 8.9 million tonnes per annum and a
domestic gas plant. The Wheatstone Project is a joint venture between
Australian subsidiaries of Chevron, Apache Corporation, Kuwait
Foreign Petroleum Exploration Company (KUFPEC), Shell and Kyushu
Electric Power Company (Kyushu) together with PE Wheatstone Pty Ltd
(part owned by TEPCO).  
About Chevron Australia:  
Chevron is one of the world's leading integrated energy companies and
through its Australian subsidiaries, has been present in Australia
for more than 60 years. With the ingenuity and commitment of more
than 3,000 people, Chevron Australia leads the development of the
Gorgon and Wheatstone natural gas projects; manages its equal
one-sixth interest in the North West Shelf Venture; and operates
Australia's largest onshore oilfield on Barrow Island and the
Thevenard Island oilfields. Chevron is also a significant investor in
exploration offshore northwest Australia and its Perth-based Global
Technology Centre provides technology support and solutions to the
company's operations in Australia and around the world.
www.chevronaustralia.com  
About Bechtel:  
Bechtel is among the most respected engineering, project management,
and construction companies in the world. We stand apart for our
ability to get the job done right-no matter how big, how complex, or
how remote. Bechtel operates through five global business units that
specialize in civil infrastructure; power generation, communications,
and transmission; mining and metals; oil, gas, and chemicals; and
government services. Since its founding in 1898, Bechtel has worked
on more than 22,000 projects in 140 countries on all seven
continents. Today, our 53,000 employees team with customers,
partners, and suppliers on diverse projects in nearly 50 countries.
For more information about Bechtel visit www.bechtel.com. 
Forward-Looking Information: 
Certain statements contained in this news release may constitute
forward-looking statements. Forward-looking statements are often, but
not always, identified by the use of words such as "anticipate",
"plan", 
"expect", "may", "will", "intend", "should", and similar expressions.
These statements involve known and unknown risks, uncertainties and
other factors that may cause actual results or events to differ
materially from those anticipated in such forward-looking statements.
The Corporation believes that the expectations reflected in the
forward-looking statements are reasonable, but no assurance can be
given that these expectations will prove to be correct and such
forward-looking statements should not be unduly relied upon. 
The Corporation's actual results could differ materially from those
anticipated in these forward-looking statements as a result of
regulatory decisions, competitive factors in the industries in which
the Corporation operates, prevailing economic conditions, and other
factors, many of which are beyond the control of the Corporation.   
The forward-looking statements contained in this news release
represent the Corporation's expectations as of the date hereof, and
are subject to change after such date. The Corporation disclaims any
intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise, except as required under applicable securities
regulations. 
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Contacts:
For media inquiries or further information, please contact:
ATCO Structures & Logistics
Alisa Charkova
Senior Advisor, External Communications
+1 403 292-7769 or Mob. +1 403 826-0961
 
 
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