News: Leighton's Thiess scores $325M gas contract

  1. lightbulb Created with Sketch. 1
    .


    Leighton Holdings Limited’s (ASX:LEI) wholly owned subsidiary Thiess has scored its second significant contract this week.



    Coal seam gas explorer and producer QGC Pty Ltd has awarded Thiess a $325 million contract to construct gas processing facilities in Queensland.



    Work at one of Australia’s biggest infrastructure projects will start this month and is due for completion in April next year.



    Earlier this week copper and gold miner OZ Minerals Limited (ASX:OZL) awarded Thiess a $1 billion contract to extend the life of its Prominent Hill mine in South Australia.



    Shares in Leighton Holdings closed 0.2 per cent higher yesterday at $24.71



    In the 2011 financial year Leighton Holdings booked a net loss of $406 million.


 
watchlist Created with Sketch. Add LEI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.