AusGroup JV secures A$165m extension contract for Darwin LNG project
AUSGROUP Limited said on Wednesday that AMJV, a joint venture between its subsidiary AGC Industries Pty Ltd and Meisei Industrial Co Ltd, has been awarded a A$165 million (S$177.6 million) extension contract for a liquefied natural gas (LNG) project by JKC Australia LNG Pty Ltd.
The scope of work for the initial subcontract, awarded in 2014, has been extended to include further painting, surface protection, fireproofing and insulation works for the onshore facilities near Darwin, Northern Territory in Australia.
The Icthys LNG project is a joint venture between Inpex group companies, major partner Total, CPC Corporation Taiwan and the Australian subsidiaries of Tokyo Gas, Osaka Gas, Kansai Electric Power, Jera and Toho Gas.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Sumitomo to bolster shareholder returns in new mid-term plan
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
ST Engineering bags more than S$175 million in contracts to upgrade Singapore’s public bus fleet
ING unveils 2.5 billion euros buyback as profit beats estimates
Prosper Cap halts operations at UK hotel after fire breaks out
DBS chief expects 2024 earnings to hit new highs as Q1 profit rises 15% to S$2.95 billion