Brief: GR Engineering Services Says Unit Has Been Awarded A 5 Year Contract

QPM Energy

26/06/2023 02:15

June 26 (Reuters) - GR Engineering Services Ltd
 GNG.AX :
    * UNIT HAS BEEN AWARDED A 5 YEAR CONTRACT, WITH AN OPTION
FOR A
FURTHER 5 YEARS
    * CONTRACT TO PROVIDE OPERATIONS AND MAINTENANCE (O&M)
SERVICES
FOR MORANBAH GAS PLANT AND ASSOCIATED ASSETS
    * ESTIMATED REVENUE FOR CONTRACT IS A$30 MILLION PER ANNUM
    * CONTRACT IS CONDITIONAL ON TRANSITION OF OWNERSHIP OF MGP
FROM
ARROW ENERGY TO QPM ENERGY

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 ((Reuters.Briefs@thomsonreuters.com;))