Valmec wins $22m contract

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

The contract will be delivered on a turnkey basis and commence immediately, with the project due for completion later in 2019.

The deal continues Valmec’s relationship with Jemena, after the Kewdale-based company was awarded a contract at the Mt Isa compressor station within Jemena’s northern gas pipeline project.

The works for the compressor station were worth approximately $3 million.

With the awarding of the Atlas Gas Project, Valmec has secured over $35 million of new energy and infrastructure contracts across Australia during the past month.

Its current secured order book stands at around $80 million.

Valmec managing director Steve Dropulich said the company looked forward to continuing to develop the relationship with Jemena and project partner Senex Energy.

“As we enter a new calendar year, we are excited about our developing project pipeline and continued expansion of our service portfolio as we look forward to further boosting our order book with high quality earnings during financial year 2019 and beyond,” he said.

Valmec hopes to capitalise on growing opportunities in the gas sector, with more than $176 million of new work in the tender submission phase.

The company employs approximately 230 project and support personnel, with offices and workshops in Western Australia and Queensland.