OPERATIONS

Valmec buoyed by gas

VALMEC announced sales revenue of A$49.8 million today for the last six months, a 66.2% increase over the corresponding period, with gas pipeline projects for the likes of Jemena and APA Group commanding  the lion’s share as its share price rose 15% this morning. 

Valmec reported strong profits on the back of pipleline work

Valmec reported strong profits on the back of pipleline work

The company says the surge is a result of construction activity being up across all sectors, but that it also experienced further growth in sustaining capital works within the gas sector.    As there...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry