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Monadelphous Contracts Update

Monadelphous Contracts Update

19 Jul 2017 4:15 PM | Sonia Harvey (Administrator)

Engineering company Monadelphous Group Limited (ASX:MND) (“Monadelphous” or “the Company”) today announced it has been awarded a number of new work packages with a combined value of approximately $55 million.

The Company has received a Notice of Award to provide mechanical decommissioning, demolition, civil, structural, mechanical and piping works associated with Shaft 1 and Shaft 2 Surface Infrastructure for the Oyu Tolgoi Underground Project – operated by Oyu Tolgoi LLC mine operations located in the South Gobi region of Mongolia. The works are scheduled to be completed in early 2019.

In addition, Monadelphous has been awarded a contract for piping modification and fabrication for Technip Oceania Pty Ltd (TechnipFMC) on the hook-up and commissioning phase of Shell Australia’s Prelude Floating Liquefied Natural Gas project in the Browse Basin, approximately 475 kilometres north-northeast of Broome, in Western Australia.

The Company's renewable energy business, Zenviron, has been awarded a contract, in consortium with Vestas – Australian Wind Technology Pty Ltd, to provide engineering, procurement, construction and commissioning of the 54 MW Salt Creek Wind Farm for Tilt Renewables. The project, located in western Victoria, is expected to be completed in July 2018.

Read full media release here.

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