Civeo Corporation, a global leader in workforce accommodations and hospitality services, today announced a significant three-year contract award with a prominent metallurgical coal producer in Australia's resource-rich Bowen Basin. This landmark agreement, valued at approximately A$64 million over the 2025-2028 period, marks Civeo's inaugural integrated services contract in Queensland.

The comprehensive contract, set to commence in June 2025, will see Civeo deliver a full suite of onsite village services at two of the metallurgical coal producer's villages. These services will encompass catering, cleaning, and maintenance, providing a fully integrated solution for the client's workforce accommodation needs. This new engagement deepens Civeo's long-standing relationship with this producer, who already stands as one of Civeo’s largest customers at its owned villages, with a collaborative history spanning over a decade.

Bradley J. Dodson, President and Chief Executive Officer of Civeo, expressed his enthusiasm for this pivotal achievement. "This contract award reaffirms the strength of Civeo’s customer relationships and the high quality of our hospitality services," Dodson stated. "We are excited to be awarded our first integrated services contract in Queensland while expanding our relationship with this key customer. We have been providing accommodations to this customer at our Civeo-owned villages for over a decade, and we appreciate their continued trust in Civeo’s operations. We look forward to capitalizing on further opportunities to grow our integrated services business across Australia."

The A$64 million in anticipated revenues from this contract over the 2025-2028 period have already been factored into Civeo's latest full-year 2025 revenue and Adjusted EBITDA guidance. This inclusion underscores the contract's strategic importance and its contribution to the company's financial outlook.

Civeo's expansion into integrated services in Queensland highlights the company's commitment to diversifying its service offerings and strengthening its footprint in Australia's robust natural resource sector. With a strong track record in providing high-quality, comfortable, and efficient accommodations and hospitality services, Civeo is well-positioned to meet the evolving needs of its clients in remote and challenging environments. This contract not only solidifies Civeo’s presence in the critical Bowen Basin but also sets a precedent for future integrated service opportunities throughout the continent.

Civeo Corporation is a premier hospitality services provider, holding strong market positions in Australia's natural resource hubs and Canada's oil sands. They offer extensive lodging solutions for workforces ranging from hundreds to thousands, with both long-term and temporary accommodations.

Civeo's comprehensive services extend beyond just rooms to include food services, housekeeping, facility management, laundry, and essential infrastructure support like water and wastewater treatment, power generation, and communications systems. They also provide security and logistics.