Leighton wins $800M Gorgon contract

Company News


Project development and contracting company Leighton Holdings Ltd (ASX:LEI) has been awarded a contract valued at $800 million by Chevron Australia for works at the Gorgon Project.

Leighton Contractors will deliver the civil and underground works package for the major West Australian project.

The contract win is in addition to the company’s current work in hand at the Gorgon Project where it is completing works on the 2.1 kilometre LNG jetty and marine structures in consortium with Saipem.

The contract with Saipem for works on the LNG jetty and marine structures is worth $1.1 billion.

Leighton says it team will commence work immediately and are expected to be complete by mid 2013.

Leighton Holdings booked a profit of $615.13 million for the 2010 financial year.

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