Maintenance services provider Transfield Services Ltd said on Monday its North American subsidiary, TIMEC Holdings Inc, had renewed maintenance agreements worth $US65 million ($A96.13 million) with Dow Chemical Co and ConocoPhillips.
TIMEC will continue to provide services to Dow's petrochemical facility in Pittsburgh for another two years and to ConocoPhillips' refineries at Wilmington, Carson, Santa Maria, Rodeo and Ferndale for another year.
Transfield also said on Monday it had won a 13-month extension of its contracts at Caltex's Kurnell refinery in Sydney and the Lytton refinery in Brisbane, and further work at Kurnell providing planning and execution services.
Transfield shares were 10.5 cents higher at $2.10.
TSE Price at posting:
$2.10 Sentiment: Buy Disclosure: Held
