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Monadelphous wins $140m in new contracts
The West Australian

Monadelphous says it has won $140 million in new contracts for construction and maintenance work in the oil and gas, iron ore and water sectors.

The company's subsidiary KT Pty Ltd has secured a $90 million contract for engineering, procurement and construction of a gas export pipeline for the Ichthys project's onshore LNG facilities in Darwin.

The balance of work includes engineering, procurement and construction, in joint venture with OSD, of a pipeline and delivery station for the Cape Lambert Petroleum Gas Pipeline for Rio Tinto; design, construction and commissioning works to upgrade the Maleny Sewage Treatment Plant in Queensland and a general maintenance services contract with Chevron for its oil operations at Barrow Island and Thevenard Island.

Monadelphous shares were off 28 cents, or 1.06 per cent, to $26.07 at 10.45am.