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AusGroup awarded long-term master contract; increases order book to over A$1 bil

Felicia Tan
Felicia Tan3/22/2021 06:52 PM GMT+08  • 2 min read
AusGroup awarded long-term master contract; increases order book to over A$1 bil
The contract, at 10 years, is the longest maintenance master contract currently in the Australian oil and gas market.
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AusGroup’s subsidiary AGC Industries has been awarded a “significant” maintenance master contract by Chevron Australia.

While AusGroup did not reveal the value of the contract, the group disclosed that it has increased its order book to over A$1 billion ($1.04 billion).

The contract is a ten-year master contract that enables Chevron Australia to order full-service asset maintenance from AGC across Chevron’s onshore and offshore natural gas and oil production facilities located in the north-west of Australia.

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