Corporates: TOL, WES, APN

  Toll Group & #160;has entered into a & #36;180 million a three year agreement with Chevron Australia to manage logistical services on the Gorgon gas project on Barrow Island off Western Australia.Mobil and Shell both have 25% stakes in the project.Toll's says work will begin after the project receives all necessary government approvals and the final investment decision by the joint venture partners, expected in the second half of this year, the company said. & quot;The Toll Group plans to execute the scope of work of this contract through the WA-based operations of Toll Energy, which specialises in providing supply chain management and logistics services to the oil and gas exploration, construction and production industries in Australia, & quot; Toll managing director Paul Little said in a statement.This is the second major contract announced. Earlier this month Leighton Holdings subsidiary, Thiess in a joint venture with Decmil Pty Ltd and Kentz Pty Ltd & #160;was awarded a & #36;500 million contract to & #160;design and construct a construction village on Barrow Island for Chevron Australia.Work is expected to commence on the island after receipt of all necessary government approvals and following a final investment decision on the Chevron operated Gorgon Project from the Gorgon Joint Venture partners, expected in the second half of 2009.The facility was expected to accommodate as many as 3,300 construction workers.Gordon could end up costing the best part of & #36;50 billion and have a 60 year life.Toll shares fell 21 cents to & #36;6.20 yesterday. Leighton shares rose 61 cents to & #36;22.96.  

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