Decmil Clinches Extension to QCLNG Wellsite Contract in Australia from QGC

Decmil Group Ltd. disclosed Tuesday the award of an extension to its Queensland Curtis Liquefied Natural Gas (QCLNG) Wellsite Installation Services Contract in Queensland, Australia for QGC Pty Ltd. The contract is held by a wholly owned subsidiary of Decmil.

The extension, which is initially estimated to be worth approximately $24.4 million (AUD 35 million) for 2016, is an extension of the existing framework contract with QGC.

The contract extension will see Decmil continue to support QGC's operations with wellhead construction, logistics, material management and a range of construction services for 2016.


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