AusGroup said it has secured over AUD$100M of contracts within the Oil & LNG sector.

ShaneKimpton11.18MD Shane Kimpton. NextInsight file photoThe contracts were awarded to subsidiary AGC Industries Pty Ltd.

AGC will provide multi-disciplinary maintenance, turnarounds and specialist fabrication to multiple production facilities across Western Australia and Victoria.

Additionally, AGC will continue to implement technology and other innovative solutions that have been applied during recent and successfully completed turnarounds.

CEO and MD, Shane Kimpton. said, “It is very pleasing that these contract awards support our strategic intent of growing our Oil & LNG presence within Australia. Importantly, these awards are a further endorsement of AusGroup’s solid reputation in the Oil & LNG sector as a skilled maintenance and turnaround services provider. We look forward to delivering these contracts safely and successfully.”

AusGroup's core business segment (energy & process) reported A$3.1 million net profit in its 2QFY20 (Oct-Dec 2019) quarter.

In the preceding 1QFY20 quarter, it was A$2.8 million.

Share Prices

Counter NameLastChange
AEM Holdings3.450-
Avi-Tech Electronics0.280-
Best World2.4900.060
Broadway Ind0.114-
China Sunsine0.470-
Food Empire0.705-0.005
Fortress Minerals0.360-
Geo Energy Res0.3350.005
Golden Energy0.780-0.010
GSS Energy0.048-
ISDN Holdings0.5750.005
IX Biopharma0.122-
Jiutian Chemical0.0820.001
KSH Holdings0.340-
Leader Env0.062-
Medtecs Intl0.155-0.003
Meta Health0.024-
Nordic Group0.475-
Oxley Holdings0.145-0.003
REX International0.225-
Sinostar PEC0.180-0.005
Southern Alliance Mining0.600-
Straco Corp.0.510-
Sunpower Group0.3750.005
The Trendlines0.095-
Totm Technologies0.110-0.003
UG Healthcare0.1840.002
Uni-Asia Group0.890-
Wilmar Intl4.060-0.040
Yangzijiang Shipbldg1.2600.010

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 419 guests and no members online