22/11/2016 - 10:13

$200m of work for Monadelphous

22/11/2016 - 10:13

Bookmark

Save articles for future reference.

Engineering contractor Monadelphous Group says it has received $200 million worth of work on the east coast, including two major contracts in the water infrastructure market.

Monadelphous managing director Rob Velletri.

Engineering contractor Monadelphous Group says it has received $200 million worth of work on the east coast, including two major contracts in the water infrastructure market.

Perth-based Monadelphous told the market this morning it had been awarded a contract for a major upgrade of Unitywater’s Kawana sewage treatment plant in Queensland.

Monadelphous’ design solution incorporates innovative process technology that improves the effectiveness of the plant and reduces the size of the site’s physical footprint,” it said in a statement.

“The upgrade includes the installation of new concrete structures, pipework and mechanical and electrical equipment and the refurbishment of existing equipment.”

Work under the contract is expected to be completed in December 2018.

Monadelphous also said its existing contract with Sydney Water Corporation through the Network and Facility Renewals program had been expanded to include the provision of mechanical, electrical and civil services for water and wastewater treatment facilities, pumping stations, pipelines, reservoirs, chemical dosing facilities and odour control facilities.

“The appointment reinforces Monadelphous’ relationship with Sydney Water Corporation in the delivery of critical water and waste water infrastructure to the greater Sydney region,” Monadelphous said.

“The contract which has been in operation since July 2013, continues until June 2018 and contains a two year extension option.”

In addition, Monadelphous has also received a structural, mechanical and piping contract at Newcrest Mining’s gold processing plant at its Cadia Valley operations in NSW, a supply and fabrication contract for wellhead skids at Santos’s CSG development in Queensland, and an order from Australia Pacific LNG for the supply of more wellhead skids.

Monadelphous managing director Rob Velletri said the award of the contracts reflected the company’s diverse service offering across the infrastructure, resources and energy sectors.

“The award of the two water contracts strengthens our position in this market and underlines our strategy to expand our presence in the growing Infrastructure market,” he said.

Monadelphous shares were 3.8 per cent higher to $10.80 each at 10am.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

Subscription Options