Tuesday, February 23, 2010

Gorgon workers to be paid up to $150,000 a year

Gorgon contractor Thiess has agreed to pay labourers and tradesmen up to $150,000-a-year. Workers will get a 9 day break every 26 days and up to 5 weeks annual leave.
The head of the Construction, Forestry, Mining and Energy Union, Kevin Reynold said @I wouldn't say they're massive pay rises, but it's a reasonable settlement for an agreement for workers who have got to work in some of the harshest conditions in the bloody country and work 70 hours a week to achieve that sort of money.".

Tuesday, February 16, 2010

Gorgon to help Australia enter new boom period

Rising Asian demand for cleaner-burning fuels from projects such as Gorgon may boost Australia's economy by 0.25 percent a year over most of the next decade says a leading analyst. LNG projects could also increase tax revenue by A$125 billion during the next 10 years. LNG projects valued at more than A$80 billion are scheduled for final investment decisions in 2010.