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
Brisbane ( ) is the capital and most populous city of the Australian state of Queensland, and the third-most populous city in Australia and Oceania, with a population of approximately 2.6 million. Brisbane lies at the centre of the South ...
. The company name is an amalgamation of "Australian Engineering Company".
History
Ausenco was founded in Brisbane, Australia, in 1991, by
Albanian Australian
Albanian Australians ( sq, Shqiptarë Australian) are residents of Australia who have Albanian heritage or descent; many are from Albania and North Macedonia but some are from Kosovo, Montenegro, Greece, Turkey, Bosnia and Italy. Albanian Austr ...
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 former Queensland Premier Wayne Goss was appointed Chairman of the company.
Ausenco established the Ascentis division in 2003 to deliver operations
solutions
Solution may refer to:
* Solution (chemistry), a mixture where one substance is dissolved in another
* Solution (equation), in mathematics
** Numerical solution, in numerical analysis, approximate solutions within specified error bounds
* Soluti ...
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
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
on 15 June 2006.
In 2007, the Vancouver office opened, increasing the number of employees by 31% to 1,010 people globally.
The Ausenco foundation 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) and
Sandwell. This increased employee numbers by 150%, and expanded service offerings to include
pipeline
Pipeline may refer to:
Electronics, computers and computing
* Pipeline (computing), a chain of data-processing stages or a CPU optimization found on
** Instruction pipelining, a technique for implementing instruction-level parallelism within a s ...
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, 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, 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 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 located in Calgary, Alberta and Halifax, Nova Scotia, Canada to expand capabilities in the
oil sands
Oil sands, tar sands, crude bitumen, or bituminous sands, are a type of unconventional petroleum deposit. Oil sands are either loose sands or partially consolidated sandstone containing a naturally occurring mixture of sand, clay, and wate ...
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 subsequentl
de-listedfrom 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 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.
Services are provided to clients primarily in three client markets
Minerals & MetalsOil & Gas
an
Industrial
Major Projects
Major projects have included:
* Chatree Gold Project, Thailand in 2000
References
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Engineering consulting firms
Multinational companies headquartered in Australia