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BRIEF-Monadelphous Group says Monadelphous Jacobs Jv receives Oil Search letter of intent

Published 20/02/2017, 08:47 am
© Reuters.  BRIEF-Monadelphous Group says Monadelphous Jacobs Jv receives Oil Search letter of intent
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Feb 20 (Reuters) - Monadelphous Group Ltd MND.AX

* Monadelphous Jacobs jv receives Oil Search letter of intent

* Contract valued at approximately us$50 million per annum

* Received letter of intent from oil search to enter into a new proposed five year contract

* Works are scheduled to commence in q2 of 2017 calendar year

* Contract for engineering, procurement and construction services on oil search's oil and gas production facilities in highlands region of Papua New Guinea Source text for Eikon: ID:nASX7w5S6N Further company coverage: MND.AX

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