Monadelphous lands $110m in new contracts across sectors

Monadelphous shares are in focus after securing $110 million in new contracts across resources, energy, and renewables.

Laura Stewart

Author bio Laura Stewart is a Finance Editor at The Motley Fool, where she covers Australian and international equity markets. She joined the company in 2022, following a career transition from legal advisory work in Southeast Asia into the investment industry. Prior to her current editorial role, Laura spent three years as an Equity Analyst and Writer, producing investment research across the ASX, NYSE, and NASDAQ. Her coverage included small-cap growth companies, thematic investment ideas, and high-quality U.S.-listed businesses. Laura holds a Master of Applied Finance and brings additional expertise in accounting, taxation, and estate and wealth planning from her postgraduate studies. She also has a background in law and communications, which supports her analytical and reporting work in financial markets. Outside of work, she enjoys spending time in the Adelaide Hills with her flock of sheep. Education Laura holds a Bachelor of Laws, a Bachelor of Communication (Journalism), and a Bachelor of Commerce with majors in Accounting and Corporate Finance. In 2025, she completed a Master of Applied Finance at the University of Adelaide, receiving postgraduate awards in Accounting Concepts & Methods, Ethical Principles in Accounting & Finance, Real Estate Valuation & Investment, and Tax, Estate & Wealth Planning. Social media LinkedIn FYI – I am taking a break from social media at the moment, so this account isn’t active at the moment, but I will let you know when I rejoin. Favorite investment quote "Compound interest is the eighth wonder of the world. He who understands it, earns it... he who doesn't... pays it." — Albert Einstein

Published January 8, 8:42 am AEDT

The Monadelphous Group Ltd (ASX: MND) share price is in focus today after the company announced a slew of new construction and maintenance contracts worth approximately $110 million, spanning resources, energy, and renewables, with projects secured in Australia and Papua New Guinea.

A woman is very excited about something she's just seen on her computer, clenching her fists and smiling broadly. — Image source: Getty Images

What did Monadelphous report?

New contracts in resources, energy, and renewable sectors valued at ~$110 million
Four-year multidisciplinary maintenance contract with BW Offshore Australia Management at BW Opal FPSO near Darwin
Contract with Rio Tinto for process plant modifications at Hope Downs 2 project, Pilbara, WA
Contract with Santos for demolition and disposal of Hegigio Pipeline Bridge, Southern Highlands, PNG
Zenviron JV awarded Bennetts Creek Battery Energy Storage System project with Flow Power in Victoria

What else do investors need to know?

Monadelphous continues to build on its strong order book, with these new contracts adding to its presence across Australia and the Asia Pacific. The BW Offshore contract provides the company with steady, recurring maintenance revenue over four years.

The inclusion of Zenviron's renewable battery contract highlights the group's ongoing efforts to diversify into clean energy infrastructure. The company's projects span from oil and gas facilities to emerging battery storage systems, reflecting an expanding customer and sector base.

What's next for Monadelphous?

Investors can expect Monadelphous to continue pursuing both traditional and renewable projects. The recently awarded contracts are anticipated to contribute to revenue from the first quarter of 2026 through to late 2027. Management's focus remains on sustaining growth by leveraging its expertise in construction and maintenance services while further developing its renewable energy capabilities.

Monadelphous share price snapshot

Over the past 12 months, Monadelphous Group shares have risen 85%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 4% over the same period.

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