Contract award
UGL wins engineering and asset management across nine Quantem terminals
By Staff Writer | 07-09-2026
UGL, part of CIMIC Group, has been awarded a multi-year contract by Quantem to provide integrated engineering and asset management services across nine bulk liquid storage terminals in Australia. The scope is engineering, procurement and construction management for Quantem's terminal facilities. Work is expected to commence in November 2026. The announcement was made from Sydney on 4 September 2026 and no contract value is published.
The scope
The announcement describes the appointment in two layers. The first is integrated engineering and asset management services across Quantem's terminal network. The second, stated as the delivery mechanism under the contract, is engineering, procurement and construction management, EPCM, for the terminal facilities. The nine terminals are said to store and distribute fuels, chemicals and other essential commodities across Australia.
Quantem is described on the announcement as a leading independent provider of bulk liquid storage infrastructure with a combined storage capacity of more than 677,000 cubic metres, contributing to energy security and supply chain resilience in Australia and New Zealand. The announcement does not name the nine terminals, does not give the contract term beyond the word multi-year, and does not say whether the EPCM work is programmed as a defined list of projects or called off as the client requires.
No contract value is published. The announcement gives the client's storage capacity, 677,000 cubic metres, and the number of terminals, nine. Neither is a measure of the contract, and no figure has been estimated here.
What the two companies said
Jason Spears, chief executive officer of CIMIC Group, is quoted:
Managing complex infrastructure requires more than technical expertise. It requires a partner that can integrate engineering, maintenance and asset management into a single, seamless service.
Jason Spears, chief executive officer, CIMIC Group
Through this engagement, UGL will support infrastructure that plays an important role in Australia's energy security and industrial supply chains, reinforcing our ability to deliver innovative, reliable and safe solutions that create long-term value for our clients and communities.
Jason Spears, chief executive officer, CIMIC Group
Sam Goldsmith, managing director of UGL, is quoted on the fit between the two networks:
UGL is an industry leader in integrated terminal and tank services and brings extensive experience in delivering maintenance and engineering solutions across more than 150 terminals nationwide.
Sam Goldsmith, managing director, UGL
Our existing operational footprint aligns closely with Quantem's terminal locations, supporting efficient and responsive service delivery.
Sam Goldsmith, managing director, UGL
Reading an EPCM appointment on a live terminal network
The announcement describes services throughout: engineering, procurement and construction management, maintenance and asset management. It does not describe UGL as the constructor of any works, and it does not say whether construction packages arising under the contract will be let by Quantem or by UGL on its behalf. The term used for the delivery mechanism is EPCM, and the announcement defines it only by expanding the initials.
The terminals are operational and store fuels and chemicals, so the work will be carried out around live plant. The announcement says nothing about the outage or permit arrangements that govern such work, and nothing about the split between maintenance, asset management and capital projects within the scope.
On the record: the parties, Quantem as client and UGL as contractor within CIMIC Group; the network, nine bulk liquid storage terminals in Australia; the scope, integrated engineering and asset management delivered as EPCM services; the start, expected in November 2026; and the four quotations above. The announcement is dated Sydney, 4 September 2026.
Not on the record: the contract value, the term in years, the names and locations of the nine terminals, the form of contract, and the value of any construction work that will flow from it. None of those should be inferred from this notice.