Monadelphous wins $200m Gorgon contract extension

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 said the scope of the work included the operation and maintenance of water and wastewater treatment plants, power generation and distribution systems, as well as the management of various buildings, vehicles and equipment.

“This contract extension demonstrates our capability to provide a wide range of multidisciplinary maintenance and construction services and underlines the importance we place on long-term delivery to our customers,” Monadelphous managing director Rob Velletri said.

Monadelphous was awarded the initial contract by Chevron in late 2009.

Since then, it has provided more than 200 jobs at Gorgon.

Monadelphous recently reported a 6.3 per cent slide in its full-year profit to $146.5 million for the financial year.

In a statement, the company said it was impacted by a softening in the mining and minerals sector, which was mitigated by a continued focus on increasing its activity in LNG and coal seam gas markets.

Monadelphous shares closed 2.4 per cent lower at $12.24 per share.