Feb 20 (Reuters) - Monadelphous Group Ltd (MND)
- 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
