Monadelphous Group Secures Over AU$200 Million of Construction, Maintenance Contracts

MT Newswires Live
Jul 01

Monadelphous Group (ASX:MND) secured more than AU$200 million of new construction and maintenance contracts, according to a Wednesday filing with the Australian bourse.

The company won two awards from Fortescue (ASX:FMG), including one for the installation of wind turbine generators for a project in Western Australia, and another three-year contract for continued maintenance services across Pilbara operations in Western Australia, per the filing.

Monadelphous also received two awards from Santos (ASX:STO), including an extendable three-year contract for multidisciplinary services for upstream field development and production operations, and another for the construction of temporary camp facilities at a project in Papua New Guinea where work is expected to complete by the end of this year.

Lastly, Monadelphous obtained a three-year contract for continued operation and maintenance services at Synergy's Muja Power Station in Western Australia.

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