MND 0.33% $12.24 monadelphous group limited

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    A little bit of good news:

    ASX RELEASE
    11 November 2014
    Monadelphous Contracts Update
    Leading engineering company Monadelphous Group Limited (ASX: MND) (“Monadelphous”) today
    announced it has been awarded construction contracts for customers in the oil and gas and
    infrastructure markets, with a combined value of approximately $90 million.
    The contracts include:
    A contract with the Australia Pacific LNG Project1, for construction of the Spring Gully Pipeline
    Compression Facility at Roma, South Central Queensland.
    A contract with Queensland Urban Utilities for the design, supply, construction and commissioning
    of the flood affected Stages 1–4 of the Oxley Creek Sewage Treatment Plant in Brisbane,
    Queensland.
    A contract with DDG Ashburton Pty Ltd (“DDG”) for the construction of a 24 km gas pipeline from
    DDG’s Ashburton West facilities to a new power station near Onslow, Western Australia.
    “The award of these new contracts in coal seam gas, water and pipelines supports the company’s
    continuing focus on the broadening of our revenue base,” Monadelphous Managing Director Rob
    Velletri said.

    Monadelphous Group Limited (ASX: MND) is a leading Australian engineering group providing
    construction, maintenance and industrial services to the resources, energy and infrastructure sectors.
    The Company has two operating divisions − Engineering Construction, providing large-scale
    multidisciplinary project management and construction services, and Maintenance and Industrial
    Services, specialising in the planning, management and execution of mechanical and electrical
    maintenance services, shutdowns, fixed plant maintenance services and sustaining capital works.
 
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