News Articles for Steve Dropulich

Today's board moves wrap includes Weidong Wang, HongLin Zhao, Ryan Finkelstein, Deborah Le Moignan, Rebecca Gordon, Joanne McDonald, Alistair Stephens, Colin McCavana, David Wheeler, Steve Dropulich, Flynn Blackburn and Jessamyn Lyons.

French engineering group Altrad Services it set to acquire listed contractor Valmec, in a deal that values the Kewdale business at $52 million.

Kewdale-based Valmec and construction company John Holland have settled a long-running dispute over work completed on the state government's $1 billion NorthLink transport project.

Energy and infrastructure services contractor Valmec has confirmed a 13 per cent annual rise in earnings, attributing the growth to strong performance across the water and resources sectors.

Energy services group Valmec has secured $30 million of work with the likes of CBH Group, Australian Gas Infrastructure Group, and Arrow Energy.

Valmec has won a major asset services contract, while Centurion has secured mine site works in Queensland and Decmil has been named preferred contractor for a Victorian rail project.

Perth-based oil and gas contractor Valmec has announced a major growth plan, which involves expanding its asset services to account for half of the company's order book.

Kewdale-based contractor Valmec has secured early works on a gas project in Queensland, boosting its order book to about $85 million.

Engineering and construction group Valmec has extended its partnership with Water Corporation, as well as secured two new energy contracts.

Shares in Valmec have risen by more than 13 per cent today after the Kewdale-based contractor announced new work with Water Corporation and Newmont Mining Services, totalling $23 million.

Perth-based energy services group Valmec says it expects continued revenue and earnings growth after securing $43 million worth of contracts.

Valmec has secured a $6 million contract with Newmont Mining, while BGC Australia and Devlyn Constructions have won Bunbury school construction works worth a combined $5.9 million.

Valmec has secured a $4.5 million contract at Australian Gas Infrastructure Group's Hydrogen Park production facility.

Valmec has secured a $22 million deal with Jemena to conduct facility construction works at its Atlas Gas Pipeline project in south-west Queensland.

Valmec has secured $25 million worth of construction contracts, including at Mineral Resources' Wodgina project, while fellow local contractor Weststar Industrial was awarded a $4 million contract at Rio Tinto's West Angelas mine near Newman.

Engineering and construction group Valmec and Geraldton-based WBHO Infrastructure have secured infrastructure contracts with Water Corporation at its facilities in Western Australia.

Engineering and construction group Valmec has tapped investors for $5.1 million through a strongly supported share placement that will strengthen the company's balance sheet.

Local engineering and construction group Valmec has announced it will purchase Henderson-based specialist pipeline testing company APTS, which was recently put into receivership.

Energy and infrastructure contracting group Valmec has secured $30 million in new construction contracts, including a 4 kilometre gas pipeline at Dacian Gold's Mt Morgan project.

Energy and infrastructure contracting group Valmec has secured $12 million in new contracts, including a $6 million deal with the Water Corporation.

Local engineering and construction group Valmec has won a $5.4 million contract for work on DBP Development Group's Tubridgi gas storage facility near Onslow, which will be the largest in Western Australia when completed.

Perth-based Valmec has won a $6.6 million contract to provide its services to Saracen Mineral Holdings at the gold miner's Thunderbox operations.

Engineering and construction business Valmec has won a $13.3 million contract for work on the first stage of the $1.12 billion NorthLink WA roads project, which is being built by John Holland.

Engineering and construction group Valmec says it has won $11.8 million worth of contracts with several clients.

SPECIAL REPORT: Western Australia's next major greenfields liquefied natural gas project could be a decade away after Woodside last month decided against further progressing its Browse floating LNG facility.

Perth-based engineering and construction business Valmec has won a $24 million contract to provide its services to the Australia Pacific LNG project in Queensland for Origin Energy.

Lower exploration and construction activity in the energy sector has led Canada-based contractor Enerflex to exit the Australian engineering, procurement and construction market, with most of its Perth operations to be made redundant, Business News understands.

Engineering and construction group Valmec has secured a $4.3 million contract for work at Vector Gas's compression project in Auckland.

The directors' interests table published in Monday morning's email incorrectly showed that Valmec directors Vincent Goss and Stephen Zurhaar had sold $1.1 million of shares.

Engineering and construction group Valmec has won several contracts with undisclosed clients, worth a combined $7.5 million.

Engineering and construction firm Valmec has won a contract to supply its services to APA Group's $140 million Eastern Goldfields Gas Pipeline project for an undisclosed sum.

Shares in engineering and construction firm Valmec surged on news it was awarded a $5.3 million contract to provide services to the Origin Energy-operated Talinga Gas processing facility in Queensland.

Local engineering and construction business Valmec will purchase the Australian subsidiary of US oil and gas services giant Exterran, funding the purchase through cash reserves and additional debt.

Valmec Australia, formerly known as MCore Services and Marsh Civil, has secured contracts worth $10.5 million through its gas and multi-discipline divisions across a number of WA based industries including land infrastructure, engineering services and civil works.