RBR Group (RBR) has secured labour services and recruitment agreements to support a $44 billion LNG project in Mozambique
RBR's subsidiary, Futuro People, was selected by Van Oord to outsource local contractors to work on the Offshore Area One development in the Rovuma Basin
Additionally, Worldwide Recruitment Solutions chose Futuro to help it secure an engineering, procurement and construction (EPC) contractor
The multi-billion-dollar LNG project includes well-drilling and assembling a 45-kilometre-long subsea pipeline corridor
This structure will output from the offshore gas fields to an onshore LNG facility
RBR is up 33.3 per cent and shares are trading at 1.2 cents.
RBR Group (RBR) has secured a labour services agreement with Van Oord Gulf FZE and a recruitment agreement with Worldwide Recruitment Solutions (WRS).
RBR Group specialises in providing training, recruitment and human resources, and labour broking services in Australia and Mozambique.
Its subsidiary, Futuro People, was appointed by Van Oord to provide recruitment and outsourcing of local contractors. Similarly, WRS selected the subsidiary to help it execute a recruitment services contract with an engineering, procurement and construction (EPC) contractor.
Van Oord and WRS will be key in supporting $44 billion worth of liquefied natural gas (LNG) projects in the Rovuma Basin of Mozambique.
"These agreements are a clear endorsement of the ability of RBR’s Futuro People to provide project-critical labour services in Mozambique and will elevate the company’s profile with the key players in the LNG developments," CEO Richard Carcenac said.
Van Oord's contract is for the Area One Mozambique Golfinho/Atum development.
The Offshore Area One development covers around 2.6 million acres and is one of the offshore fields being developed as part of the larger Mozambique LNG project.
The Area One development involves well-drilling and the installation of subsea production systems to form a 45-kilometre-long subsea pipeline corridor which will be used to convey output from the gas fields to an onshore LNG facility.
Van Oord's contract will involve installing the subsea systems while its consortium partner, TechnipFMC, will be responsible for the deep water scope.
"Many of the roles covered by these agreements will create further demand for localised skills development, training and verification of competency services which RBR's training subsidiary, Futuro Skills, is capable of providing," Richard concluded.
RBR is up 33.3 per cent and shares are trading at 1.2 cents at 12:27 pm AEDT.