11/02/2013 - 14:17

Monadelphous announces $140m of new works

11/02/2013 - 14:17

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Monadelphous announces $140m of new works

Engineering and construction firm Monadelphous Group has announced a suite of new contracts with a combined value of around $140 million.

Monadelphous said today that its subsidiary KT Pty Ltd had won a $90 million engineering, procurement and construction contract for a gas export pipeline for Inpex’s Ichthys liquefied natural gas processing facility in Darwin.

The other works consist of the engineering, procurement and construction of a gas pipeline and delivery station at Cape Lambert for Rio Tinto, as well as design and commissioning works to upgrade the Maleney sewage treatment plant in Queensland.

Monadelphous also won a 12-month extension to it general maintenance services contract with Chevron for its oil operations at Barrow and Thevenard islands, in Western Australia.

At close of trade today, Monadelphous shares were down 0.9 per cent, trading at $26.11. 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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