AusGroup Limited (AGL) Company News

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Singapore's Marco Polo Marine Seeks To Delay Bond Payment
Wednesday, September 14, 2016 Singapore's Marco Polo, a marine logistics firm that counts oil and gas firms as clients, wants bond holders' nod to defer payment of notes worth $37 million, the latest oil-related firm in the city-state to show financial strain from crude's drop.

AusGroup Signs Deal with Technip for Work on Shell's Prelude FLNG Project
Thursday, July 14, 2016 AusGroup's unit MAS Australasia signs agreement with Technip to provide scaffolding and rope access services on Shell's Prelude floating liquefied natural gas project off Western Australia.

CB&I Kentz JV Extends Contract with AusGroup for LNG Projects in Australia
Wednesday, December 24, 2014 CB&I Kentz Joint Venture extends contract, valued at $55.62 million, with AusGroup for liquefied natural gas projects in Australia.

AGC Meisei JV Secures $171M Subcontract from JKC for Ichthys LNG Project
Monday, October 13, 2014 AGC Meisei Joint Venture secures $171.2 million subcontract from JKC for onshore facilities of the Inpex-operated Ichthys gas project near Darwin in Australia's Northern Territory.

Ezion Sells Two Australian Subsidiaries to AusGroup for $44M
Thursday, July 24, 2014 Ezion Holdings inks agreement to sell its two Australian subsidiaries to AusGroup for $44 million.

Ezion, AusGroup Ink MOU to Collaborate in Australia
Thursday, April 10, 2014 Ezion Holdings inks a memorandum of understanding with AusGroup to collaborate in the provision of logistics supply chain and related support services in Australia.

AGC's Unit Bags $155M Scaffolding Works Contract for Ichthys LNG Project
Monday, March 03, 2014 AGC's subsidiary MAS Australasia bags a $155 million scaffolding works contract for Australia's Ichthys liquefied natural gas project.

AusGroup Inks Sale, Leaseback Deal for Singapore Facilities
Thursday, July 11, 2013 AusGroup announces a sale and leaseback agreement for its fabrication facilities in Singapore.

AusGroup's Subsidiary Bags Contract for Gorgon Project
Tuesday, June 18, 2013 AusGroup's subsidiary MAS Australasia Ltd. bags a scaffolding services contract from CB&I and Kentz Joint Venture for the Gorgon Project off Australia.

AusGroup Wins Insulation Contract for Ichthys LNG Project
Monday, June 17, 2013 AusGroup wins an insulation contract for the Ichthys LNG project in Australia.

AusGroup Wins Additional Work on Gorgon Pipe Spools Contract
Wednesday, January 23, 2013 AusGroup wins additional fabrication work on the Chevron-operated Gorgon Project. Its total contract value on the Gorgon Project now stands at $74 million.

Merlin Petroleum Snags Stake in AGL's PNG LNG Assets for $800M
Thursday, December 18, 2008 AGL has completed the sale of its PNG oil and gas assets for a total consideration of approximately US $800 million with Merlin Petroleum, and affiliate of Nippon Oil.

Apache Terminates AusGroup's Fabrication Contract for Reindeer Platform
Tuesday, December 09, 2008 AusGroup was informed by Apache that the AGC contract for the Reindeer Platform Fabrication at the Devils Creek project development has been terminated.

AusGroup Aces A$30MM Offshore Manning Contract for Blacktip Gas Field
Wednesday, September 10, 2008 AusGroup's Australian subsidiary was awarded an A$30 million labor supply contract for the Blacktip offshore gas field project, located in the Bonaparte Gulf. AGC will execute installation work onboard the client's derrick lay barge/vessel.

AusGroup Scores Contract for Reindeer Fabrication Project
Thursday, July 10, 2008 AusGroup was awarded a contract by Apache, on behalf of the "WA-209-P Joint Venture," valued at A$42.8 million for the fabrication of the Reindeer Gas Field wellhead platform as part of the Reindeer offshore gas development project.

AusGroup's Cactus Receives Orders Booster
Wednesday, April 16, 2008 Cactus Engineering & Trading Pte Ltd has received additional orders from Aker Kvaerner to build riser telescopic joints.

AusGroup Wins Gas Platform Project
Wednesday, April 04, 2007 AusGroup Limited (AGL) has continued its strong growth in its Australian operations, receiving a binding letter of intent into a contract worth approximately A$26-28 million.