UPDATED: France's Altrad Services has become one of the largest maintenance and construction contractors in WA after buying Perth-based AGC from its debt-laden parent AusGroup.
Clough's collapse into voluntary administration could set back a planned $6.4 billion urea project in the Pilbara by months, Regional Development Minister Alannah MacTiernan has said.
AusGroup's Australian businesses will likely be sold after the contractor's Singaporean parent entered restructuring, but the company has promised no disruption to local operations.
WA-based construction contractors Civmec and Ausgroup have both reported a dip in quarterly profits as they gear up for an increase in maintenance work and new projects.
AusGroup has been awarded a three year maintenance and shutdown support contract by BHP Nickel West covering its Mt Keith, Leinster, Kwinana and Kalgoorlie operations.
The Supreme Court has dismissed a $25 million claim brought by local contractor AGC Industries against the developer of the Karara iron ore project in the Mid West.
AusGroup's LNG contract with Chevron in Western Australia has been extended, while CPB Contractors has been awarded packages for Australia Pacific LNG in Queensland.
SPECIAL REPORT: Contractors are buoyant despite the twin challenges of uncertainty around infrastructure spending and an employment market tipped to tighten.
Emerging Goldfields explorer NTM Gold Limited (ASX: NTM) (“NTM” or “the Company”) is pleased to announce it has raised $1.5 million in a heavily oversubscribed placement of new shares.
SPECIAL REPORT: Data from the annual BNiQ Search Engine biggest employers list suggests an economic recovery is under way as mining and civil contractors boost their workforce numbers.
Offshore oil & gas: Three international players are among those to have won work for Woodside Petroleum's Greater Enfield oil project since it was given the go ahead in the middle of last year.
Diversified contractor AusGroup has shocked the market with a $69.8 million quarterly loss, admitting it has been forced to write off long-standing contractual claims in order to boost its cash reserves.
Perth-based contractor AusGroup has recruited former Southern Cross Electrical Engineering boss Simon High as chief executive of its engineering services arm.
Singapore-listed contractor AusGroup has announced a number of contract wins and extensions worth a combined $100 million, including with Woodside Petroleum, which today flagged lower capex and increased production for the year.
Singapore-listed contractor Ausgroup has reported a net profit of just $472,000 for the September quarter after incurring higher restructuring costs and delays to its new marine services business.
Perth-based construction, fabrication and maintenance companies AusGroup and Civmec have proved resilient in the face of the resource sector slowdown, with AusGroup today joining its competitor in reporting solid growth over the past year.
Mount Gibson Iron has moved to establish a logistics base on Koolan Island, in partnership with Qube Holdings, to service the offshore oil and gas industry.
More than 60 CEOs from WA provided Business News with detailed views on the year past, the next 12 months, their vision for the state, and what they expect from political leaders.
More than 60 CEOs from WA provided Business News with detailed views on the year past, the next 12 months, their vision for the state, and what they expect from political leaders.
A joint venture between AusGroup and Japanese-based Meisei Industrial has won a $197 million subcontract for industrial work at Inpex's Ichthys liquefied natural gas project near Darwin.
Global engineering and construction group Kentz has been awarded a $US570 million contract for electrical and instrumentation works at the Inpex-operated Ichthys liquefied natural gas project.
A subsidiary of construction and engineering firm AusGroup, MAS Australasia, has been awarded a $174 million scaffolding contract on the Ichthys liquefied natural gas project.
Maintenance and construction contractor AusGroup has returned to the black in the December quarter, with a tax credit offsetting the adverse impact of falling revenue.
Shares in Singapore-listed construction and engineering firm AusGroup have risen after the company announced a $S15.2 million ($A13.4 million) capital raising overnight.
