Ground engineering specialist Keller has been awarded a piling installation contract at a liquefied natural gas (LNG) plant in Australia, worth over A$180m (£120m).
Keller's Australian division has secured the "key" contract with Bechtel Australia Pty which will involve the procurement, installation and testing of 20,000 piles for the onshore main plant facilities at the Chevron-operated £19bn Wheatstone LNG Plant in Onslow.
"Australia is one of our key growth markets and will continue to offer excellent opportunities for Keller as major resource-related projects, such as this, come to the market," said Chief Executive Justin Atkinson.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
"Our Australian companies have a strong track record of successful collaboration on large and complex contracts and we are confident that this project will continue this track record," he said.
Work will start immediately and will be completed in 2014.
-
8 of the best houses for sale with annexesThe best houses with annexes – from a period property in the Lake District to a 13th-century house with a two-bedroom annexe in Saltwood, Kent
-
Zelenskyy moves to appease Donald Trump – what happens now?Ukraine’s president Volodymyr Zelenskyy is conceding ground to secure the least-worst deal possible, says Emily Hohler
