LogiCamms scores $10M QLD contracts

Company News

Engineering company LogiCamms Limited (ASX:LCM) has been awarded more than $10 million worth of contracts from a joint venture between Origin Energy Limited (ASX:ORG), ConocoPhillips and Sinopec.
 
Logicams will work on one of the largest coal terminals in Australia, the Wiggins Island Coal Export Terminal and the Australia Pacific LNG project in Queensland. 
 
For the Wiggins Island Coal Export Terminal Logicams will design, implement and commission the system which controls, tracks and schedules the delivery of coal through the terminal.
 
For Australia Pacific LNG Logicams will deliver engineering services at the project’s coal seam methane facilities.
 
LogiCamms increased its annual net profit by 133 per cent to $10.7 million in the 2012 financial year. 

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