Engineering and construction group Valmec has been awarded a $5.4m contract from DBP Development Group to provide construction services at the Tubridgi gas storage facility project near Onslow, Western Australia.
Under the contract, which is scheduled to commence immediately, Valmec is required to provide multi-disciplinary field execution services.
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Valmec managing director Steve Dropulich said: “We are delighted to have received this contract on this strategic Western Australian project and are looking forward to continuing our strong working relationship with the DDG team.”
DDG is fully owned by DUET Group, the owner of the Bunbury to Dampier gas pipeline, reported The West Australian.
Along with its other gas and infrastructure construction contracts in West Australia and Queensland, Valmec’s current order exceeds $55m.
Valmec expects the 30%-38% increase in its total revenue this financial year to reach $65m-$69m compared to the 2016 fiscal year.
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By GlobalDataLast December, DDG announced its plans to build a gas storage facility at the location of the exhausted Tubridgi onshore gas reservoir, about 30km south-west of Onslow.
After completion, the facility will be connected to the compressor station 2 (CS2) on the Dampier to Bunbury Natural gas pipeline.
The facility is expected to commence operations from June this year.
Valmec has nearly 180 employees and provides services in packaged equipment, construction, commissioning and maintenance of different projects in the energy and resources sector.
