AI assistant
MONADELPHOUS GROUP LIMITED — Capital/Financing Update 2012
Oct 30, 2012
65357_rns_2012-10-30_470239d6-3c20-468b-aa87-ef50e9f5047c.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [596 x 57] intentionally omitted <==
==> picture [596 x 57] intentionally omitted <==
31 October 2012
Company Announcements Australian Securities Exchange Limited Level 4, 20 Bridge Street SYDNEY NSW 2000 AUSTRALIA
Dear Sir / Madam
RE: Monadelphous Secures Karratha Gas Plant Services Contract
Please find attached a copy of an announcement to be issued today by Monadelphous Group Limited regarding a significant maintenance contract with Woodside Energy Limited (Woodside) at the Karratha Gas Plant in the Pilbara region of Western Australia.
Yours sincerely,
==> picture [95 x 59] intentionally omitted <==
Philip Trueman
Company Secretary
==> picture [595 x 105] intentionally omitted <==
==> picture [596 x 57] intentionally omitted <==
==> picture [596 x 57] intentionally omitted <==
ASX RELEASE
31 October 2012
Monadelphous Secures Karratha Gas Plant Services Contract
Leading engineering group Monadelphous Group Limited (ASX: MND) (“Monadelphous”) today announced it has been awarded a significant maintenance contract with Woodside Energy Limited (Woodside) at the Karratha Gas Plant in the Pilbara region of Western Australia.
The contract, valued at approximately $150 million, involves the provision of maintenance and shutdown services. It is scheduled to commence on 1 January 2013 for an initial term of three years with the option of two one-year extensions.
Woodside operates the Karratha Gas Plant, one of the most advanced integrated gas production systems in the world, on behalf of the North West Shelf Project. The plant produces liquefied natural gas (LNG), domestic gas, condensate and liquefied petroleum gas (LPG). It includes five LNG processing trains, two domestic gas trains, six condensate stabilisation units, three LPG fractionation units, and storage and loading facilities for LNG, LPG and condensate.
With the commencement of work at the Karratha Gas Plant, Monadelphous will be providing maintenance services on all three onshore LNG plants operating in Australia.
"The award of this contract represents a significant milestone in our development as a leading maintenance services provider in the rapidly growing LNG market,” Monadelphous Managing Director Rob Velletri said.
“We’re particularly pleased to build on our long term relationship with Woodside and to be selected as maintenance provider for the world class Karratha Gas Plant."
Further Information Analysts/Investors Media Rachael Cutler Brett Lane Investor Relations Manager Group Communications Manager +61 8 9315 7429 +61 8 9315 7385 +61 457 539 985 +61 411 177 809 [email protected] [email protected]
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