Monadelphous secures contracts worth $150m

1st June 2020 By: Simone Liedtke - Creamer Media Social Media Editor & Senior Writer

Engineering company Monadelphous Group has secured a number of construction and maintenance contracts in the resources and energy sectors with a combined value of about $150-million.

In the iron-ore market in the Pilbara region, the ASX-listed company has secured a contract under its existing BHP Western Australia Iron Ore (WAIO) asset panel framework agreement associated with the dewatering of surplus water at mining area C.

The company has also secured a three-year contract with Rio Tinto for the provision of maintenance services and minor projects on its Pilbara marine infrastructure, as well as a one-year extension to its two existing fixed plant maintenance and shutdown crane services contracts with Fortescue Metals Group.

Monadelphous has also been appointed to BHP’s WAIO site engineering panel for a further two-year term to provide civil, structural, mechanical, piping and marine services at BHP’s mine site and port operations in the Pilbara.

Meanwhile, in Papua New Guinea, the company has been awarded a new three-year contract to provide minor capital project services, including civil, mechanical, structural, piping and blast and paint at Newcrest Mining’s gold mining operations on Lihir Island, where Monadelphous has been providing services since 2017.

The company has also secured a four-year contract to continue providing mechanical and electrical maintenance and turnaround services for a customer’s midstream operations in the Queensland coal seam gas market.

Monadelphous MD Rob Velletri says the company continues to build on its relationships with long-term customers in both the mining and oil and gas sectors.

“As always, we remain focused on the safe and efficient delivery of high-quality service solutions and we are pleased to continue to be recognised as a partner of choice by our customers” he adds.