logo-loader

Valmec Limited secures $7.5M in service contracts

Published: 01:30 26 Jun 2015 EDT

au_australiaglobe350_558c8769257ab

Valmec Limited (ASX:VMX) has secured $7.5 million worth of additional service contracts through its gas and infrastructure divisions, further building its existing service contracts book.

The contracts, which are based in Western Australia and at Moomba in South Australia, extend across a number of industries including land infrastructure and oil and gas maintenance services and construction.   

Valmec continues to work closely with a number of oil and gas explorers and producers as they develop their current upstream infrastructure development programs, placing it in a strong position to secure these projects when they proceed.

The new contracts support the company’s recurring revenues base and reflect the depth of service offerings it has through different industry sectors.



Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

ARway.ai announces multiple new SaaS developer contracts in both the United...

ARway.ai (CSE:ARWY, OTCQB:ARWYF) Chief Executive Officer Evan Gappelberg joined Steve Darling from Proactive to announce multiple new SaaS developer sign-ups for its augmented reality experience platform, focusing on AR indoor navigation. These partnerships represent significant milestones in...

35 minutes ago