Ichthys contracts secured
The first contract, worth $923 million, is to build infrastructure such as roads, foundations and trenches at Blaydin Point for Ichthys' onshore facilities.
Construction is due to start in May and be completed by July 2016, Leighton Contractors said on Friday.
It is the third project Leighton has won for the Ichthys onshore site.
Separately, the company said it had clinched a $280 million operations and maintenance contract for Blaydin Point's temporary facilities.
Leighton Contractors will operate and maintain services for all temporary site facilities, including power supply, water-treatment plants and pest control, for more than four years during the construction phase.
The temporary facilities will be built by Leighton Contractors' infrastructure division.
"We see the LNG and coal-seam methane markets offering significant opportunities for the Leighton Group, which has developed a high degree of competency in delivering essential infrastructure for large resources projects," Leighton chief executive Hamish Tyrwhitt said.
The Ichthys gas field is about 200 kilometres off the West Australian coast. It is expected to produce 8.4 million tonnes of LNG and 1.6 million tonnes of liquefied petroleum gas a year.
Leighton shares were 14¢ higher at $17.98.
Frequently Asked Questions about this Article…
Leighton Holdings secured about $1.2 billion of contracts linked to the Ichthys LNG project. That includes a $923 million contract to build onshore infrastructure at Blaydin Point and a separate $280 million operations and maintenance contract for the site's temporary facilities.
The $923 million contract covers construction of essential onshore infrastructure at Blaydin Point, such as roads, foundations and trenches for the Ichthys onshore facilities.
Construction is scheduled to start in May and is due to be completed by July 2016, according to Leighton Contractors.
Leighton Contractors will operate and maintain all temporary site facilities at Blaydin Point — including power supply, water‑treatment plants and pest control — for more than four years during the construction phase.
The temporary facilities will be built by Leighton Contractors' infrastructure division, which is handling that part of the Blaydin Point work.
Leighton chief executive Hamish Tyrwhitt said the LNG and coal‑seam methane markets offer significant opportunities for the Leighton Group, and that the company has developed a high degree of competency in delivering essential infrastructure for large resources projects.
The Ichthys gas field lies about 200 kilometres off the West Australian coast. It is expected to produce about 8.4 million tonnes of LNG and 1.6 million tonnes of liquefied petroleum gas (LPG) a year.
Yes. After reporting the contracts, Leighton shares were 14 cents higher at $17.98, according to the article.
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