GCS wins NWS contract extension
Shares in Global Construction Services were higher after the company announced an extension to its scaffolding contract on Woodside Petroleum’s North West Shelf project.
The three-year contract agreed in June 2013 will be extended until December 31, 2017, with two further 12-month extension options.
The scope of the contract variation is for the ongoing supply, maintenance, storage, transport and handling of all scaffolding equipment on the North West Shelf’s onshore and offshore facilities.
GCS also supplies specialist management and labour resources for Woodside as required.
The contract will be undertaken by GCS subsidiary, GCS Integrated Services, which is based in Karratha.
GCS shares were up 3.5 cents, or 7.22 per cent, to 52 cents at 11.30am.
