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Leighton Holdings Limited (ASX:LEI) has announced two new contract wins for its subsidiaries worth $598 million.
Leighton’s wholly owned subsidiary Thiess has been awarded a $450 million contract with Bechtel to undertake site preparation works for the Chevron-operated Wheatstone project in Western Australia.
Thiess will undertake the bulk and final-finish earthworks for the plant, storm water drainage system and access roads around the project.
Separately, Leighton’s 45 per cent owned subsidiary Habtoor Leighton Group has been awarded a $US765 million contract as part of a joint venture in Saudi Arabia.
The Middle East based arm will work on the design and construction of a new maintenance, repair and overhaul facility for Saudi Aerospace and Engineering industries.
Habtoor Leighton Group’s share of the contract is worth about $148 million.
Leighton posted a net profit of $345 million in the first half of its 2012 financial year.
