Monadelphous wins Ichthy LNG contract, adds $125m of work

Engineering company Monadelphous has secured new contracts and additional work worth a combined $125 million.

The Perth-based services group has been awarded a subcontract for structural, mechanical, piping, electrical and instrumentation work for Kawasaki Heavy Industries on the cryogenic tanks at the Ichthys project’s onshore LNG facilities in Darwin.

Monadelphous also secured new work in North America through fabrication business, SinoStruct, with an order to supply structural steel, fabricated spooling and preassembled modular pipe racks for Jacobs, as part of a plant expansion project.

The company also won four new contracts in the water industry, one in Australia and three in New Zealand.

“We are particularly pleased to have secured further works at Ichthys, which underlines our strong performance to date on this project,” Monadelphous managing director Rob Velletri said.

“The award of the fabrication contract represents a strategic milestone in SinoStruct’s North American market entry strategy and the new water contracts extend our presence in the Australian and New Zealand water industries.”

The latest Ichthys contract adds to Monadelphous being awarded a long-term maintenance services contract at the INPEX operation in May.

That contract is for an initial six-year period, but has the option to be extended for an additional two years.

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