Ventia Australia has won a long-term maintenance master contract with Chevron Australia for works in Western Australia.
The master contract term is for ten years and Ventia expects annual revenue of $100 million subject to predicted volumes and work orders being issued.
As primary maintenance contractor, the company will deliver front-line and campaign maintenance, brownfield execution scopes and turnaround events at Chevron-operated natural gas facilities in Western Australia, in accordance with orders placed by Chevron under the master contract over the contract term.
Group chief executive officer Dean Banks said the contract award is a considerable achievement for Ventia.
“This is testament to our dedication to the health and safety of our people, our team’s proven capability, and an enterprise-wide focus on delivering innovation and best practice for our clients,” he said.
“We anticipate the roles required to service orders under this contract will peak at more than 700 jobs; and it is Ventia’s intention to fill as many of these roles as possible from local, regional, and Western Australian candidates.”
In addition, Ventia is committed to sourcing 50 per cent of its subcontracted services from regional businesses in north-west Western Australia.
Ventia has a record of supporting Indigenous Australians and local communities with employment opportunities and developing regional business capability.
As part of this contract, the company will implement tailored career pathways including traineeships and apprenticeships.
There will also be opportunities for local and Indigenous-owned businesses wishing to expand their capability and capacity to work with Ventia in a meaningful and sustainable manner as they provide services to meet orders under the contract.
Works under the scope of the contract are expected to commence in the third quarter of 2021.
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