Valmec adds $22m of work in gas sector

Valmec has been awarded a contract with Jemena for facility construction works at the Atlas gas project in South West Queensland.

The $22 million contract, to be delivered on a turnkey basis, will commence immediately and is due for completion in late 2019.

Valmec has secured more than $35 million of new energy and infrastructure contracts in the past month with the latest agreement, taking its order book to $80 million.

The contract continues its relationship with Jemena after the recent completion of the Northern Gas Pipeline Mt Isa Compression Facility project.

Valmec managing director Steve Dropulich looked forward to continuing to develop the relationship with Jemena and project partner Senex Energy.

“As we enter a new calendar year, we are excited about our developing project pipeline and continued expansion of our service portfolio as we look forward to further boosting our order book with high quality earnings during financial year 2019 and beyond,” Dropulich said.

Valmec hopes to capitalise on additional opportunities in the gas sector, with more than $176 million of new work in the tender submission phase.

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