J Murphy & Sons has completed a deal to take a 50 per cent shareholding in Australian company Pipe and Civil.
Murphy’s investment in the 200 employee Brisbane-based company will see its name change to Murphy Pipe and Civil.
The firm will initially specialise in design and construction of pipelines building on the work and has successfuly delivered of several projects for mining, gas and water companies.
Murphy Pipe and Civil will expand its capabilities to work in the coal seam gas, mining and water infrastructure projects in Australia, where substantial growth is forecast.
Murphy’s head of international pipelines Tony O’Sullivan said: “The pipeline industry in Australia is going through a major expansion due to large discoveries of coal seam gas in the Queensland area. Additionally large investment to expand the mining industry will provide opportunities, with the need for large scale pipelines to provide the water required for the mining process.
“This gas is being processed as LNG for export to countries like China and India. There is also significant investment in the existing pipeline infrastructure to meet demands with population growth.
“Both companies are established market leaders in their own right, with complementary aims and objectives, work ethics and cultures. The decision to forge this partnership was seen as mutually beneficial and provides a solid foundation for developing the business.”