Verbrec Insights

Verbrec newest CEO, Mark Read

ASX Announcement: Chief Executive Officer Appointment

Verbrec Limited (ASX: VBC) announces the appointment of Mark Read as Chief Executive Officer effective 13 March 2023. This follows the previously announced succession planning the Board commenced on 19 October 2022 given the retirement of Linton Burns from the roles of CEO and MD is slated for 27 September

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Verbrec contracted for Mahalo North Gas Supply Expansion FEED

Australian engineering services company Verbrec has won a front-end engineering study from Denison Gas for its proposed infrastructure expansion to accommodate gas from Comet Ridge’s planned Mahalo North gas development. Denison said the front end engineering and design (FEED) work, jointly funded with Comet Ridge, is to prepare a design,

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Verbrec set up for smarter, sustainable future

Leading mid-tier engineering firm Verbrec has started the year on a high note by closing out its final legacy project, enabling it to build upon record work in hand within key growth sectors of the economy. Verbrec (ASX:VBC) is now focused on higher-margin projects in energy transition, digitalisation of the

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Verbrec turns new leaf in its transformation

Verbrec has completed a key step as part of its evolution into a leading mid-tier engineering, infrastructure and training firm in its own right. It’s a milestone underpinned by record work-in-hand due to the huge investment in energy transition and digitalisation of the economy. The full integration of LogiCamms and

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Verbrec completing efficiency study of Beach’s NZ operations

Beach Energy has contracted Verbrec to complete an energy improvement study of its Kupe Oil System in Taranaki, New Zealand. Beach is the operator of the Kupe Natural Gas Processing Plant which produces gas from the Kupe Field, situated approximately 30 km offshore New Zealand’s North Island. Kupe is critical to

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A silhouette of a worker with wind turbines at sunset, featuring the Verbrec logo and slogan: "Engineering a digitized, net zero carbon future."

Verbrec Rebrand Strengthens Position as Leading Mid-Tier Provider

Verbrec has officially completed a rebrand which reflects the company’s evolution and continued growth. Verbrec’s Evolution Verbrec was launched in late 2020 to signify the completion of the merger of Logicamms and OSD, two well-established companies which had been delivering specialist services to the energy, infrastructure and mining industries since 1988.

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Verbrec secures contract for Vali connection

Verbrec subsidiary LogiCamms been awarded a detailed engineering contract for the connection of Vintage Energy’s Vali field to the east coast gas market. Earlier this month, Vintage revealed independent evaluation has tripled the field’s gross 2P reserves from $30.3 billion cubic feet (Bcf) of gas to 92 Bcf. Vintage operates the Vali field in

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Verbrec Acquires Site Skills

Verbrec Limited (ASX:VBC) a leading mid-tier engineering, operations, and training service provider, is pleased to announce its wholly-owned subsidiary Competency Training is to acquire the Australian training business of Site Skills Group Pty Ltd (“SSG”), a wholly-owned subsidiary of Site Group International Limited (ASX:SIT).

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Verbrec Acquires EIM

Verbrec Limited (ASX:VBC) a leading mid-tier engineering service provider, is pleased to announce it has signed a binding agreement to acquire 100% of the equity in Energy Infrastructure Management Pty Ltd (“EIM”) for $10,056,000.

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ASX Announcement: Change of Company Name

Verbrec Limited (ASX:VBC) a leading mid-tier engineering service provider, is pleased to announce that following shareholder approval at its AGM on Friday the 27th November 2020, the name change of LogiCamms Limited to Verbrec Limited has been processed by the Australian Securities and Investment Commission. The Company’s ASX ticker code

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