Ausenco Explained

Ausenco Limited
Type:Privately held companyPrivate
Key People:George Lloyd (Chairman)
Zimi Meka (CEO)
Industry:Engineering/Consulting services/Project Delivery
Products:Mining consulting etc.
Num Employees:2000+
Subsid:Hemmera, An Ausenco Company
Foundation:Brisbane, Australia
Location City:Corporate headquarters in South Brisbane, Queensland
Location Country:Australia
Homepage:www.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's name is an amalgamation of "Australian Engineering Company."

History

Ausenco was founded in Brisbane, Australia, in 1991,[2] by Albanian Australian Zimi Meka, current CEO and Managing Director,[3] and Bob Thorpe, current Board member. In 1995, the second office opened in Perth, Australia.

In 2002, the first institutional shareholders invested in Ausenco and former Queensland Premier Wayne Goss was appointed chairman of the company.[4] Ausenco established the Ascentis division in 2003 to deliver operations solutions 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.

In 2007, the Vancouver office opened, increasing the number of employees by 31% to 1,010 people globally.[5] The Ausenco foundation[6] 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)[7] and Sandwell.[8] 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,[9] 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,[10] 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[11] joint venture was also formed to expand offerings in asset optimization and management services.

George Lloyd was appointed Chairman in 2013, which was the same year Ausenco acquired PROJEX Technologies Ltd[12] 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 privatized 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 & Optimization, and Oil & Gas Consulting. In November 2017, Ausenco acquired Hemmera, a leading environmental consultancy in Canada. Hemmera is now 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.[13]

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

Major projects

Major projects have included:

Notes and References

  1. Web site: Contact us . Ausenco . 2014-05-30.
  2. Web site: Our story . Ausenco . 2014-05-30.
  3. Book: Braho, Hakki. Albanians. We are Queenslanders: Contemporary multicultural tapestry of people. 2015. Ethnic Communities Council of Queensland. http://www.eccq.com.au/wp-content/uploads/2017/11/WAQ-Section-A.pdf. 12.
  4. Web site: My Share Trading.
  5. Web site: AUS_AR_17Mar.indd . 2014-05-30 . https://web.archive.org/web/20140221015539/http://www.ausenco.com/uploads/reports/1343691897-64660-2007-annual-report.pdf . 2014-02-21 . dead .
  6. Web site: Foundation . Ausenco . 2014-05-30.
  7. Web site: Stephen Lacey . Ausenco acquires PSI group for $US32.9m . News.smh.com.au . 2008-02-05 . 2014-05-30.
  8. Web site: Stephen Lacey . Ausenco acquires engineering companies . News.smh.com.au . 2008-03-05 . 2014-05-30.
  9. Web site: Kramer Ausenco . Kramer Ausenco . 2014-05-30.
  10. Web site: ASX Company News: Ausenco Acquires Reaction Consulting | Online Stockmarket Trading Update . Blog.traderdealer.com.au . 2012-01-18 . 2014-05-30.
  11. Web site: Asset Management and Engineering Support Services . Ausenco Rylson . 2014-05-30.
  12. Web site: expands in North American oil and gas market | News item . Ausenco . 2012-07-13 . 2014-05-30.
  13. Web site: About Ausenco. Ausenco.
  14. Web site: Sepon . Reco.com.au . 2014-05-30 . dead . https://web.archive.org/web/20140531135936/http://www.reco.com.au/mining-and-energy/projectcase-studies/item/63-sepon.html . 2014-05-31 .
  15. Web site: Sepon Gold Project | Case study . Ausenco . 2014-05-30.
  16. Web site: Award of EPCM Contract for Phu Kham Copper-Gold Project | FinancialContent Business Page . https://archive.today/20140530063649/http://markets.financialcontent.com/stocks/news/read/135819/Award_of_EPCM_Contract_for_Phu_Kham_Copper . dead . 2014-05-30 . Markets.financialcontent.com . 2006-01-19 . 2014-05-30 .
  17. Web site: Phu Kham Copper-Gold Project | Case study . Ausenco . 2014-05-30.
  18. Web site: Hidden Valley Gold Project | Case study . Ausenco . 2014-08-16.
  19. Web site: Ausenco To Manage Expansion Of Barrick's Lumwana Project . EPC Engineer . 2012-01-16 . 2014-08-16.
  20. Web site: Lumwana Copper Project | Case study . Ausenco . 2014-08-16.
  21. Web site: Cole Latimer . Ausenco wins Isaac Plains CHPP contract . Mining Australia . 2012-10-15 . 2014-08-16.
  22. Web site: Isaac Plains CHPP Operations | Case study . Ausenco . 2014-08-16.
  23. Web site: Ausenco Signs Martabe EPCM Contract . Mining Technology . 25 August 2009. 2014-08-16.
  24. Web site: Martabe Project | Case study . Ausenco . 2011-09-24 . 2014-08-16.
  25. Web site: CiDRA Holdings LLC • Anglo American Awards CiDRA Contract for Los Bronces . Cidra.com . 2011-10-18 . 2014-08-16.
  26. Web site: Los Bronces Copper Ore Pipeline | Case study . Ausenco . 2014-08-16.
  27. Web site: Reference at www.perthnow.com.au.
  28. Web site: Kwale Mineral Sands Project | Case study . Ausenco . 2014-08-16.
  29. Web site: Reference at www.bulk-solids-handling.com. May 30, 2014. May 17, 2012. https://web.archive.org/web/20120517141358/http://www.bulk-solids-handling.com/management/projects_contracts/articles/359649. dead.
  30. Web site: Constancia Project | Case study . Ausenco . 2014-08-16.
  31. Web site: Archived copy . 2014-05-30 . https://web.archive.org/web/20150923180302/http://www.ausenco.com/uploads/news/122145_Ausenco_awarded_EPCM_contract_for_Constancia_copper_project.pdf . 2015-09-23 . dead .
  32. Web site: News Item . SSW News . 2014-02-26 . 2014-08-16.
  33. Web site: 4-traders . Ausenco Limited : Ausenco wins contract for Springsure Creek Coal Project . 4-Traders . 2014-08-16.
  34. Web site: News Item . News . 2014-02-26 . 2015-10-15 . dead . https://web.archive.org/web/20140506232043/http://www.springsurecreekproject.com.au/the-springsure-creek-project/news/63-ausenco-awarded-contract . 2014-05-06 .
  35. Web site: Mount Owen - Using flotation to improve coal recovery Project Ausenco . 2022-07-16 . Ausenco English . en.

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