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GR ENGINEERING SERVICES LIMITED — Regulatory Filings 2014
Jul 30, 2014
65003_rns_2014-07-30_3ff1d6fb-2332-41f3-bf90-6dec18569f8c.pdf
Regulatory Filings
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ASX RELEASE
31 July 2014
For immediate release to the market
Upstream Production Solutions Awarded Australia Pacific LNG Project Work
GR Engineering Services Limited (ASX.GNG) ( GR Engineering ) is pleased to announce that Upstream Production Solutions ( Upstream PS ), a wholly owned subsidiary of GR Engineering, has entered into a second Master Services Agreement ( MSA ) with Origin, the upstream operator of the Australia Pacific LNG Project for the provision of well site maintenance and associated services. The works under this MSA will support Australia Pacific LNG’s operations and maintenance activities in the Surat Basin in South Western Queensland.
Under the MSA, which has a two year term, Upstream PS has been engaged to complete scheduled and unscheduled maintenance and associated well site services. Work has commenced on the first service order issued under the MSA, which has a value of $2.5 million.
Upstream PS’s Regional Manager, Mr Cameron Wills said:
“Upstream PS is committed to drawing upon its specialised range of CSG capabilities in the delivery of services under the MSA. Our industry experience, HSEQ and local content commitment, leave Production Solutions well placed to provide high quality solutions.”
GR Engineering’s Managing Director, Mr Geoff Jones said:
“GR Engineering is pleased with the performance of Upstream PS in being awarded the additional MSA. The award is consistent with our diversification strategy and demonstrates the potential of Upstream PS to develop and grow the business with leading oil and gas producers.”
About Upstream Production Solutions
Upstream PS is a client focussed and rapidly growing business with an extensive track record in the provision of operations & maintenance, well management, packaged equipment and project management services to the oil and gas industry. Upstream PS has a strong reputation for providing innovative, safe and environmentally-friendly solutions to production challenges.
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For further information contact:
Geoff Jones Joe Corvetti Managing Director Managing Director GR Engineering Services Limited Upstream Production Solutions +61 8 6272 6000 +61 3 8623 9800 [email protected] [email protected]
GR ENGINEERING SERVICES LIMITED ABN 12 121 542 738 Tel: +61 8 6272 6000 Fax: +61 8 6272 6001 Email: [email protected] Website: www.gres.com.au PO Box 258, Belmont WA 6984 179 Great Eastern Highway, Belmont WA 6104
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GR Engineering Services Limited (ASX:GNG) is an engineering, consulting and contracting company specialising in fixed price engineering design and construction services to the resources and mineral processing industry.
Founded in Perth, Western Australia in 2006, GR Engineering has successfully grown through the completion of design and construction projects for a diverse range of clients, including global mining houses, mid-tier miners and junior developers undertaking their first project.
GR Engineering undertakes feasibility studies and consulting engagements on projects globally. These studies play a key role in delivering organic growth opportunities through their conversion into design and construction projects.
GR Engineering directly employs approximately 170 professional and support staff at its offices in Perth and Brisbane in addition to its direct construction workforce and subcontractors.
GR Engineering also has a presence in the energy sector via its wholly owned subsidiary, Upstream Production Solutions, a provider of high quality operations & maintenance and well management services to the oil and gas industry.
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