Giovenco Wins $85 million Contract on Wheatstone Project

22 November 2013

Giovenco Industries (Aust) Pty Ltd is pleased to announce that it has signed a contract with Bechtel to perform scaffolding erection services on the Chevron-operated Wheatstone Project in Western Australia. The contract value is estimated at over AU$85 million and is expected to create over 150 jobs located onsite at Ashburton North, 12 kilometres west of Onslow in Western Australia. The new positions will include the provision of key Giovenco management personnel, scaffolders and support roles for the project.
The contract has been awarded to provide scaffold erection services to support the mechanical installation, painting, insulation and other works throughout the construction of the project. The scope of work includes planning, design, engineering and erection of scaffolding.
Paul Giovenco, Managing Director and CEO said, “We are excited by the job opportunities this project brings to Western Australia.”
“The contract award allows us to further strengthen our long term relationship with Bechtel and Chevron and gives us a platform to continue our long term commitment to Western Australia within Perth and regional centres.”
“This gives our business that has been family owned and operated for over 58 years a chance to bring our family safety culture to the Wheatstone Project by working closely with our clients and fellow contractors to achieve Zero Accidents and Incidents.”

For more information please contact:
Paul Giovenco, Managing Director & CEO
Phone: (02) 9618 6300

About Giovenco Industries (Aust) Pty Ltd:
Giovenco Industries is one of Australia’s leading companies specialising in coatings, insulation, scaffolding and mechanical works to the Oil and Gas, LNG and Resource sectors. Giovenco Industries believes its people are at the core of its success through living the values of honesty, trust and family ideals. For more information about Giovenco Industries visit www.giovencoind.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 4,000 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. Chevron is also a significant investor in exploration offshore northwest Australia and onshore in the Nappamerri Trough, central Australia. Chevron’s 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

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