Monadelphous secures extensions to INPEX offshore maintenance contract

Monadelphous Group Limited (ASX: MND), an engineering firm, has been awarded two two-year extensions to its offshore maintenance services contract with INPEX Operations Australia. The contract supports the Ichthys LNG Project, with an approximate value of AU$350 million. The original contract, which was secured in 2017, was for an initial period of six years with a further two two-year extension options.                                                                                          

As a result, the company will continue to provide maintenance services, including operational, campaign and shutdown maintenance, and implementation of brownfield projects for the Ichthys Explorer central processing facility and the Ichthys Venturer floating production storage and offloading facility in the Browse Basin, located approximately 450 km from Broome in Western Australia.

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