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Decmil Wins $65-million Well Contract

Investing News Network
Jan. 05, 2015 08:08AM PST
Oil and Gas Investing

Australian Mining reported that Decmil (ASX:DCG) has grabbed a $65-million extension to its QCLNG wellsite installation contract.

Australian Mining reported that Decmil (ASX:DCG) has grabbed a $65-million extension to its QCLNG wellsite installation contract.

As quoted in the market news:

The win will see it continue to provide ongoing contracting services such as field logistics, material supply, and construction management services for QCLNG’s Upstream CSG project.

It will also see Decmil be a part of the project’s phase shift from project into full operation, supporting QGC with wellhead construction.

Decmil CEO Scott Criddle stated:

…this extension confirms the strong relationship we have with QGC and further demonstrates our ability to delivery projects to the upstream CSG industry.

Click here for the full Australian Mining report

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