News Articles for Monadelphous

NRW Holdings has had a legal win over Samsung C&T, with the Supreme Court upholding a $17 million adjudication in favour of the Perth-based contractor.

The surge in backdoor listings on the ASX hit new highs in the September quarter and is attracting more entrepreneurs with Silicon Valley experience.

The legal fallout from big resources and infrastructure projects continued to mount this week, when Downer terminated its contract on a $1 billion-plus ammonium nitrate plant in the Pilbara.

Downer has terminated its contract with Spanish construction company Tecnicas Reunidas on the Burrup ammonium nitrate project, joining a string of contractors to be hit by contractual disputes on big projects over the past year.

Warrington Property Group has unveiled the biggest completed transaction in Perth's commercial property market this year, buying the Australian Taxation Office building in Northbridge for $101 mill

The latest round of annual reports has revealed some highly unusual movements in chief executive remuneration, including at Monadelphous Group and Mineral Resources.

Monadelphous Group has defended its handling of a dispute with Queensland customer Wiggins Island Coal Export Terminal, following allegations its work was defective and that it had improperly obtained confidential information.

Western Australia's top 10 largest private sector employers employ more than 103,200 people between them, about 2,000 fewer than last year, according to BNiQ research.

Monadelphous Group says it will be looking to reduce costs to weather the current market conditions, with the company announcing a 23.6 per cent slide in net profit for the 2015 financial year, to $105.8 million.

Mining giant Rio Tinto appears to have put the kibosh on speculation it will anchor a major new commercial office tower at Elizabeth Quay, extending its lease at Central Park until 2030.

The operator of a waste treatment plant developed in Perth's western suburbs with support from Monadelphous Group has been told it will no longer run the plant following the disclosure of further delays and warnings of increased costs.

Monadelphous Group and Tempo Australia have won more work on the Chevron-operated Gorgon gas project on Barrow Island.

Perth-based engineering and construction company Monadelphous today announced new contracts worth $130 million.

Perth contractor Otoc has flagged a likely loss for the 2015 financial year after disclosing that impairment, restructuring and acquisition costs of about $10 million would outweigh its operating profit.

A local waste technology solutions company backed by Monadelphous Group has completed the biological ramp-up phase of commissioning its waste-to-energy plant in Shenton Park, nearly eight months behind schedule.

The sharks are circling Woolworths, but the size of the business would require suitors to make a significant investment – in cash and time.

Tough times are not tough for everyone, it seems, when two recent events are considered

Cost cutting can only take a business so far, and with tough times set to continue for mining services contractors, innovation and diversification have a big role to play. Click through to see more on our Mining Services feature.

For the first time in 25 years, Monadelphous Group plans to institute legal proceedings against a customer, after revealing today the scale of its dispute with Queensland customer Wiggins Island Coal Export Terminal.

Engineering and construction contractor Monadelphous Group has placed its shares in a trading halt pending an announcement regarding a contractual dispute.

Listed Perth company AnaeCo has achieved a significant milestone at its waste-to-energy plant in Shenton Park, with Western Power approving its connection to the electricity grid.

As the construction peak passes and the oil price slides, service providers to the energy industry are re-evaluating how they do business. See our special report to see how technology, marine logistics and equipment providers are adapting to the new climate, and read about changes in the industry's workforce.

Listed companies from Western Australia are on the outer in the most recent quarterly reshuffle of the S&P Dow Jones ASX Indices, with high-profile absentees including Iluka Resources, Mineral Resources and Monadelphous Group.

Chevron's $US29 billion Wheatstone LNG project has been linked to the Dampier to Bunbury Natural Gas Pipeline, with DUET Group subsidiary DBP Development Group completing construction on a $94.9 mi

Engineering and construction contractor Monadelphous Group is continuing to look overseas for growth opportunities, after reporting a drop in interim profit and foreshadowing a substantial slide in full-year revenue.

Engineering company Monadelphous Group has provided its joint venture partner AnaeCo with a $4.6 million loan facility to help fund the remaining cost of the company's WMRC project in Shenton Park.

Listed development company Finbar Group has sold Monadelphous Group's headquarters, the Gateway Building in Victoria Park, for $72.8 million, the latest in a growing string of assets bought by Sing

China-based Citic Group has flagged a $US1.4 billion to $US1.8 billion impairment at its Sino Iron magnetite project in the Pilbara as a result of the falling value of iron ore.

There are not many mining projects on the cards for WA, but there are still opportunities in the sector for engineers and contractors.

Monadelphous Group has disclosed that its MMM joint venture in Queensland is embroiled in a contractual dispute with major client, Wiggins Island Coal Export Terminal.

There is very weak correlation between remuneration levels at WA's major contractors and the performance of their underlying businesses.

Engineering giant Monadelphous Group will enter the water market with the purchase of diversified design, build and maintenance business Water Infrastructure Group for about $6 million.

Fledging Perth technology company APE Mobile has struck deals with some of the largest civil engineering contractors and secured Perth business leader Giles Everist to join its board.

Engineering firm Monadelphous Group has increased its work on hand after being awarded three separate construction contracts in the oil and gas and infrastructure markets for a combined value of about $90 million.

Our annual Biggest Employers feature has the latest BNiQ data on employment trends in WA, including the companies that are expanding and those that are shrinking, and in-depth analysis of what's happening in mining, construction, health care, accounting, law and other industries.

Neptune Marine Services has won a 12-month contract extension from engineering firm Monadelphous Group for marine facilities inspection and maintenance work for an undisclosed amount.

Monadelphous Group's Albany Highway headquarters has been put up for sale, with selling agent Colliers International expecting the building to attract an offer exceeding $75 million.

Engineering contractor Monadelphous Group has been awarded a $200 million extension to its facilities management services contract at Chevron's Gorgon project on Barrow Island.

Monadelphous chief financial officer Zoran Bebic (pictured) has been appointed executive general manager of the company's maintenance and industrial services division, following the retirement of t

Engineering contractor Monadelphous Group has announced a 6.3 per cent fall in full-year profit to $146.5 million on softening activity in the mining and minerals sector.