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AGC Awarded Integrated Services Contract

Friday, Jan 15, 2010

AusGroup Limited is pleased to announce the award of a multi-disciplinary integrated services contract by Apache Energy Limited.

The contract awarded to AusGroup’s Australian subsidiary, AGC Industries Pty Ltd (‘AGC’) will consist of general and campaign services, and minor capital works at Apache’s Varanus Island facilities and offshore assets on the North West Shelf, off the coast of Western Australia.

The new contract will commence in mid January 2010 for an initial term of three years with 2 one-year options. The estimated total contract value will be in the order of AU$5 million per annum.

The work involves all mechanical disciplines, sheet-metal fabrication, insulation, scaffolding, rigging and electrical and instrumentation. AGC will also provide fabrication support from its fabrication facility in Kwinana.

AusGroup’s Managing Director John Sheridan said, “We are delighted to secure this work with Apache, and see this as a significant opportunity to continue our long term relationship with this important client.”

With this contract award, the Group’s order book stands at AU$490 million.


Source: AGC

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