Subscribe to RSS feedToll marching forward with big contract and acquisitions
TOLL sealed a three-year, $180m logistics deal with Chevron Australia to manage the Barrow Island supply base and logistics services operation for the Gorgon Project, the acquisitive logistics firm revealed this week. The Greater Gorgon gas fields are Australia’s largest-known gas resource and contain about 40trn cu ft of gas.
Work was expected to start on the island after necessary government approvals are received and following a final investment decision on the Chevron-operated Gorgon Project from the joint-venture participants, which was expected in the second half of 2009.
The Toll...
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