30 January 2012
Company Announcements
Australian Securities Exchange Limited
Level 4, 20 Bridge Street
SYDNEY NSW 2000
AUSTRALIA
Dear Sir / Madam
Please find attached a copy of the announcement to be issued
today by Monadelphous Group Limited. Monadelphous has secured
water and transmission pipeline construction contracts in
Western Australia (WA) with a combined value of approximately
$180 million.
Yours sincerely,
Philip Trueman
30 January 2012
MONADELPHOUS CONTRACTS UPDATE
Leading engineering group Monadelphous Group Limited (ASX:
MND) ("Monadelphous" or "the company") today announced it has
secured water and transmission pipeline construction
contracts in Western Australia (WA) with a combined value of
approximately $180 million.
The first is for Rio Tinto's Coastal Waters Project at
Bungaroo Valley in the Pilbara region of WA. The contract
comprises the construction and installation of a potable
water supply system that will deliver
10 gigalitres per year of potable water from the Bungaroo
Valley to the West Pilbara Supply Scheme at Millstream, WA.
The system includes a bore field, approximately 15 kilometres
of collector main
and 87 kilometres of transfer pipeline and a transfer pump
station.
Work is expected to commence in the first quarter of the 2012
calendar year and is scheduled to be completed in the first
half of the 2013 calendar year.
The second contract, awarded by Chevron Australia, is for the
preparation and construction of a CO2
injection pipeline and well sites on the Gorgon Project,
Barrow Island, WA.
This contract, secured through Monadelphous's transmission
pipelines business KT Pty Ltd, comprises installation and
pre-commissioning of seven kilometres of underground
pipeline, five well sites and associated facilities.
Work will commence immediately and is scheduled to be
completed in the first quarter of the 2013 calendar year.
This is the third pipelines contract secured by the company
on the Gorgon Project. It follows the installation of
pipelines, cables and tubes for Chevron Australia and the
construction of the onshore DomGas Pipeline for Clough Sea
Trucks Joint Venture.
The Gorgon Project is one of the world's largest natural
gas projects and the largest single-resource project in
Australia's history. It is operated by Chevron and is a
joint venture of the Australian subsidiaries of Chevron
(approximately 47%), ExxonMobil (25%), Shell (25%), Osaka Gas
(1.25%), Tokyo Gas (1%) and Chubu Electric Power
(0.417%).
"These contracts support our objective of sustainable growth
through the continued expansion of our infrastructure
business and they build on our long term relationships with
blue chip customers," Monadelphous Managing Director Rob
Velletri said.
The latest contracts take the total value of new work secured
by Monadelphous in the 2012 financial year to more than $1.5
billion.
Analysts/Investors
Rachael Cutler
Investor Relations Manager
+61 8 9315 7429
+61 457 539 985 rcutler@monadel.com.au
Media
Brett Lane
Group Communications Manager
+61 8 9315 7385
+61 411 177 809 blane@monadel.com.au
Monadelphous Group Limited is a leading Australian engineering group providing services to the resources, energy and infrastructure industry sectors. The company has a solid track record in the safe and effective delivery of complex and large-scale engineering construction projects and maintenance and industrial services for industry throughout Australia. For more information or to join our free email alerts service visit: www.monadelphous.com.au
distribué par | Ce noodl a été diffusé par Rio Tinto plc et initialement mise en ligne sur le site http://www.riotinto.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-30 07:26:40 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
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Monadelphous Contracts Update |