Decmil Group scores $65M contract extension

Company News

Decmil Group Limited (ASX:DCG) has scored a $65 million extension to an existing wellsite installation services contract from QGC Pty Ltd. 
 
The services provider will continue to work on the Queensland Curtis LNG Upstream Project in Queensland’s Surat Basin.
 
Decmil will now move from project phase to operational phase supporting QGC with wellhead construction, logistics, material management and a range of construction services this year. 
 
CEO and Managing Director Scott Criddle says the company looks forward to expanding its presence in the operational phase of upstream CSG.
 
Decmil Group reported a net profit of $52.6 million in the 2014 financial year. 

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