Ausenco

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Ausenco Limited
TypePrivate
Industry
FoundedBrisbane, Australia (1991 (1991))
Headquarters
,
Australia
Key people
George Lloyd (Chairman)
Zimi Meka (CEO)
ProductsMining consulting etc.
Number of employees
2000+
SubsidiariesHemmera, An Ausenco Company
Websitewww.ausenco.com

Ausenco Limited is a multinational engineering, procurement, construction management, and operations service provider to the energy and resources sectors. Its head office is in Brisbane, Australia.[1] The company name is an amalgamation of "Australian Engineering Company".

History[]

Ausenco was founded in Brisbane, Australia, in 1991,[2] by Zimi Meka, current CEO and Managing Director, and Bob Thorpe, current Board member. Four years later, in 1995, the second office opened in Perth, Australia.

In 2002, the first institutional shareholders invested in Ausenco and the former Queensland Premier, Wayne Goss, was appointed Chairman of the company.[3] Ausenco established the Ascentis division in 2003 to deliver operations solutions[buzzword] to the minerals processing industry. In 2004, Ausenco opened an office in China, and then in 2005, opened offices in North America and South America.

The company listed on the Australian stock exchange on 15 June 2006.[3]

In 2007, the Vancouver office opened, increasing the number of employees by 31% to 1,010 people globally.[4] The Ausenco foundation[5] was also launched in 2007 to offer support to the communities in which people from Ausenco live and work.

Ausenco began an expansion program in 2008 by acquiring several companies to enhance their service offering including Vector Engineering, Pipeline Systems Incorporated (PSI)[6] and Sandwell.[7] This increased employee numbers by 150%, and expanded service offerings to include pipeline systems, ports & marine, environment & sustainability, and transportation systems. The Ausenco Taggart joint venture was also formed in 2008 to offer design and delivery expertise for coal handling processing plants.

In 2009, Ausenco acquired 50% equity in the Kramer Group to form Kramer Ausenco,[8] expanding the company’s presence and services into PNG and the South Pacific.

Ausenco further diversified their offering in 2012 by acquiring 100% of Reaction Consulting,[9] a Canada-based specialist provider of engineering services in the SAGD bitumen and oil sands sectors, to expand its capability and services in process engineering for the oil and gas market. The Ausenco Rylson[10] joint venture was also formed to expand offerings in asset optimisation and management services.

George Lloyd was appointed Chairman in 2013 which was the same year Ausenco acquired PROJEX Technologies Ltd[11] located in Calgary, Alberta and Halifax, Nova Scotia, Canada to expand capabilities in the oil sands market.

In mid-2015 Ausenco formed a Strategic Alliance with Spanish multinational construction company Duro Felguera S.A. to jointly pursue and deliver EPC projects globally.

In September 2016 Ausenco was privatised via a Scheme of Arrangement with RCF V.I. LP and key shareholders. Ausenco was subsequently de-listed from the Australian Securities Exchange.

In 2017 Ausenco created a Consulting business line, comprising global practice areas including Mining Consulting, Environment & Sustainability, Pipelines, Transportation & Logistics, Integrated Technology Solutions, Asset Management & Optimisation and Oil & Gas consulting. In November 2017, Ausenco Hemmera, a leading environmental consultancy in Canada. Hemmera is part of the Environment & Sustainability practice.

Operations[]

Ausenco has worked on projects in over 90 countries around the world, and has around 2,000 employees as of 2018, across 26 offices in 14 countries.[12]

Services are provided to clients primarily in three client markets - Minerals & Metals, Oil & Gas and Industrial.

Major Projects[]

Major projects have included:

  • Gold Project, Thailand in 2000[3]
  • Gold Project, Tanzania in 2001
  • Sepon Copper Gold Project, Laos in 2002[13][14]
  • Copper Gold Project, Laos in 2006[15][16]
  • Hidden Valley Gold Silver Project in Papua New Guinea in 2006[17]
  • Lumwana Copper Project, Zambia in 2008[18][19]
  • Coal Mine, Australia in 2008[20][21]
  • Martabe Gold Silver Project, Indonesia in 2009[22][23]
  • Project, Chile[24][25]
  • Kwale Mineral Sands Project, Kenya in 2012[26][27]
  • Constancia Copper Project, Peru in 2012[28][29][30]
  • Tonkolili Iron Ore Phase 2, Sierra Leone in 2014[31]
  • Coal Project, Australia[32]
  • Minas-Rio Project, Brazil in 2014 [33]

References[]

  1. ^ "Contact us". Ausenco. Retrieved 2014-05-30.
  2. ^ "Our story". Ausenco. Retrieved 2014-05-30.
  3. ^ Jump up to: a b c "My Share Trading".
  4. ^ "AUS_AR_17Mar.indd" (PDF). Archived from the original (PDF) on 2014-02-21. Retrieved 2014-05-30.
  5. ^ "Foundation". Ausenco. Retrieved 2014-05-30.
  6. ^ Stephen Lacey (2008-02-05). "Ausenco acquires PSI group for $US32.9m". News.smh.com.au. Retrieved 2014-05-30.
  7. ^ Stephen Lacey (2008-03-05). "Ausenco acquires engineering companies". News.smh.com.au. Retrieved 2014-05-30.
  8. ^ "Kramer Ausenco". Kramer Ausenco. Retrieved 2014-05-30.
  9. ^ "ASX Company News: Ausenco Acquires Reaction Consulting | Online Stockmarket Trading Update". Blog.traderdealer.com.au. 2012-01-18. Retrieved 2014-05-30.
  10. ^ "Asset Management and Engineering Support Services". Ausenco Rylson. Retrieved 2014-05-30.
  11. ^ "expands in North American oil and gas market | News item". Ausenco. 2012-07-13. Retrieved 2014-05-30.
  12. ^ "About Ausenco". Ausenco.
  13. ^ "Sepon". Reco.com.au. Archived from the original on 2014-05-31. Retrieved 2014-05-30.
  14. ^ "Sepon Gold Project | Case study". Ausenco. Retrieved 2014-05-30.
  15. ^ "Award of EPCM Contract for Phu Kham Copper-Gold Project | FinancialContent Business Page". Markets.financialcontent.com. 2006-01-19. Archived from the original on 2014-05-30. Retrieved 2014-05-30.
  16. ^ "Phu Kham Copper-Gold Project | Case study". Ausenco. Retrieved 2014-05-30.
  17. ^ "Hidden Valley Gold Project | Case study". Ausenco. Retrieved 2014-08-16.
  18. ^ "Ausenco To Manage Expansion Of Barrick's Lumwana Project". EPC Engineer. 2012-01-16. Retrieved 2014-08-16.
  19. ^ "Lumwana Copper Project | Case study". Ausenco. Retrieved 2014-08-16.
  20. ^ Cole Latimer (2012-10-15). "Ausenco wins Isaac Plains CHPP contract". Mining Australia. Retrieved 2014-08-16.
  21. ^ "Isaac Plains CHPP Operations | Case study". Ausenco. Retrieved 2014-08-16.
  22. ^ "Ausenco Signs Martabe EPCM Contract". Mining Technology. 25 August 2009. Retrieved 2014-08-16.
  23. ^ "Martabe Project | Case study". Ausenco. 2011-09-24. Retrieved 2014-08-16.
  24. ^ "CiDRA Holdings LLC • Anglo American Awards CiDRA Contract for Los Bronces". Cidra.com. 2011-10-18. Retrieved 2014-08-16.
  25. ^ "Los Bronces Copper Ore Pipeline | Case study". Ausenco. Retrieved 2014-08-16.
  26. ^ http://www.perthnow.com.au/business/ausenco-wins-contract-to-help-construct-mineral-sands-project-for-base-resources-in-kenya/story-e6frg2s3-1226299317476
  27. ^ "Kwale Mineral Sands Project | Case study". Ausenco. Retrieved 2014-08-16.
  28. ^ [1] Archived May 17, 2012, at the Wayback Machine
  29. ^ "Constancia Project | Case study". Ausenco. Retrieved 2014-08-16.
  30. ^ "Archived copy" (PDF). Archived from the original (PDF) on 2015-09-23. Retrieved 2014-05-30.CS1 maint: archived copy as title (link)
  31. ^ "News Item". SSW News. 2014-02-26. Retrieved 2014-08-16.
  32. ^ 4-traders. "Ausenco Limited : Ausenco wins contract for Springsure Creek Coal Project". 4-Traders. Retrieved 2014-08-16.
  33. ^ "News Item". News. 2014-02-26. Archived from the original on 2014-05-06. Retrieved 2015-10-15.
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