Monadelphous Group Limited
(ASX:MND) has scored $250 million of contracts to work on the Origin Energy Limited
(ASX:ORG)-led Australia Pacific LNG Project in Queensland.
The engineering group will construct upstream gas processing facilities and compression facilities associated with the projects coal seam gas to LNG project.
The largest contract is for the construction of an upstream gas processing facility to process gas from the project’s gathering network for delivery to its main pipeline.
The other contracts include the installation of a pipeline compression facility and an interconnect facility which will allow the transfer and metering of gas between networks.
Monadelphous expects to complete the work in line with Australia Pacific LNG’s schedule to deliver first LNG mid-2015.
Monadelphous Group reported a record net profit of $87.1 million in the first half of the 2014 financial year.
