Leighton Holdings Ltd subsidiary Thiess has won a $136 million coal seam gas upstream infrastructure contract in Queensland for early works projects in the Surat Basin.
Thiess says it will begin work this month to install field compressor stations, HDPE gathering pipelines, intermediate pressure gas trunklines, water storage ponds and complete site preparation for additional compressor stations for explorer and producer QSG.
Managing director David Saxelby said the contract was a major milestone that secured Thiess' presence in the growing LNG sector.
At 1310 AEDT, shares in Leighton were down 14 cents at $31.36.
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