Downer EDI Secures Contracts Valued At More Than A$400 Million
November 09 2009 - 10:49PM
Dow Jones News
Australia's Downer EDI Ltd. (DOW.AU) said Tuesday that its
engineering unit had secured contracts valued at more than A$400
million.
These include a two-year contract valued at A$170 million with
Wesfarmers Ltd. (WES.AU) for the expansion of its Curragh Mine in
Queensland state, and more than A$90 million worth of contracts
with BHP Billiton Ltd. (BHP) for its Rapid Growth Phase 5 iron ore
project in Western Australia state.
Sydney-based Downer also has secured more than A$70 million
worth of electrical and instrumentation contracts for the Woodside
Petroleum Ltd.'s (WPL.AU) Pluto LNG Project and additional
electrical contracts with clients totaling more than A$75 million,
it said in a statement.
The company's work-in-hand remains in excess of A$16 billion,
Downer said.
-By Andrew Harrison, Dow Jones Newswires; 61-3-9292-2095;
andrew.harrison@dowjones.com
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