Decmil Group Limited
(ASX:DCG) has won a $27.3 million design and construct contract for the Hastings Terminal Expansion in Victoria.
The services provider has been awarded the deal by United Terminals and expects to start work shortly.
The expansion will include the construction of two storage tanks, extending the loading gantry and replacing two existing tank rooves.
Decmil believes the contract win strengthens its position in the oil and gas industry, particularly fuel infrastructure which is an increasing focus for the group.
Decmil Group reported a net profit of $24.3 million in the first half of the 2015 financial year.
