GNG Engineering ups market share

Company News


GNG Engineering Services Limited (ASX:GNG) says its oil and gas services business Upstream Production Services has won a contract with Empire Oil Company. 
 
The two-year-deal is to provide operations and maintenance services to the Red Gully gas facility in the Perth basin. 
 
The contract is an extension of the involvement Upstream PS has had with Empire since the facility was commissioned in 2012.
 
The engineering firm recently won broker recommendations for its ability to increase its order book despite collapsing revenues in the mining industry. 
 
GNG recently reported a net profit of $12.94 million for the 2015 financial year. 

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