Monadelphous Group Limited (ASX: MND) has secured new construction and maintenance contracts valued at AU$110 million across various sectors, including resources, energy, and renewable energy. The company has entered into a four-year agreement with BW Offshore Australia Management for maintenance services at the BW Opal FPSO facility off the coast of Northern Territory, with work starting in early 2026. Additionally, Monadelphous will perform plant modifications for Rio Tinto's Hope Downs 2 project in Western Australia, expected to conclude in 2026. Monadelphous has also secured a contract with Santos for the dismantling of a pipeline bridge in Papua New Guinea, which is expected to be finished in the latter part of 2026. Additionally, Zenviron, the company's renewable energy joint venture, has been awarded a contract to deliver the Bennetts Creek Battery Energy Storage System in Victoria, with the project slated for completion by late 2027.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Monadelphous Group Contracts Update
Monadelphous Group Limited (ASX: MND) has secured new construction and maintenance contracts valued at AU$110 million across various sectors, including resources, energy, and renewable energy. The company has entered into a four-year agreement with BW Offshore Australia Management for maintenance services at the BW Opal FPSO facility off the coast of Northern Territory, with work starting in early 2026. Additionally, Monadelphous will perform plant modifications for Rio Tinto's Hope Downs 2 project in Western Australia, expected to conclude in 2026. Monadelphous has also secured a contract with Santos for the dismantling of a pipeline bridge in Papua New Guinea, which is expected to be finished in the latter part of 2026. Additionally, Zenviron, the company's renewable energy joint venture, has been awarded a contract to deliver the Bennetts Creek Battery Energy Storage System in Victoria, with the project slated for completion by late 2027.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au