Monadelphous Contracts Update
| Stock | Monadelphous Group Ltd (MND.ASX) |
|---|---|
| Release Time | 8 Jan 2026, 8:14 a.m. |
| Price Sensitive | Yes |
Monadelphous Secures $110M in New Contracts
- Awarded 4-year maintenance contract for BW Opal FPSO facility
- Secured Rio Tinto contract for Hope Downs 2 project modifications
- Secured Santos contract for Hegigio Pipeline Bridge demolition in PNG
Monadelphous Group Limited (ASX: MND) has announced the award of new construction and maintenance contracts worth approximately $110 million in aggregate. The company has secured a four-year contract with BW Offshore Australia Management to provide multidisciplinary maintenance services at the BW Opal Floating Production Storage and Offloading (FPSO) facility located off the coast of Northern Territory. Monadelphous has also been awarded a contract with Rio Tinto for modifications to the existing process plant associated with the Hope Downs 2 project in the Pilbara region of Western Australia. In Papua New Guinea, the company has secured a contract with Santos for the demolition and disposal of the Hegigio Pipeline Bridge. Additionally, Monadelphous' renewable energy joint venture, Zenviron, has secured a contract with Flow Power for the delivery of the 100/223 MWh Bennetts Creek Battery Energy Storage System in the Latrobe Valley, Victoria.