LogiCamms awarded multiple contracts worth $15m

Image credit: www.logicamms.com

LogiCamms Limited, a leading professional engineering and consulting services company, has announced that it has signed three contracts worth in the excess of $15 million with Samsung C&T Corporation, Chevron Australia and Oil Search Limited.

Image credit: www.logicamms.com
Image credit: www.logicamms.com

According to the ASX announcement by LogiCamms, the contracts had been awarded in the period since the Company’s Strategic Update provided to the market on 21 May 2014 and will help support a solid base load of work moving into financial year 2015.

“These recent contract awards recognise the capability of LogiCamms to help enhance the value and performance of its client’s assets, both in the minerals and metals and hydrocarbons sectors. These awards further validate the Company’s recently announced strategic initiatives that focus on competitive solutions to the minerals and metals sectors and an enhanced service offering in hydrocarbons, particularly in relation to Asset Performance services,” said Matthew Adamo, LogiCamms’ Managing Director.

LogiCamms’ agreement with Samsung C&T binds the company to provide engineering and procurement services for the Roy Hill iron ore mine in Western Australia. The contract is expected to kick-off immediately and to further consolidate the Company’s position as a leading control system integrator.

LogiCamms’s contract with Oil Search represents an extension on the successful collaboration between the two companies in the last several years which saw LogiCamms Limited provide Asset Performance services to Oil Search for their PNG Gas Project. Under the terms of the new agreement, LogiCamms will provide a range of services, including Engineering and Asset Performance services, particularly the delivery of Competency Training and Competency Assurance services.

The company is also deploying an expanded team with Chevron for services on the Gorgon LNG Project located off the north western coast of Western Australia.

“LogiCamms provides Asset Performance services to Chevron and the expanded team deepens this relationship and helps support the platform for a growing hydrocarbons business in Western Australia,” it says in the ASX announcement.