How Monadelphous Secured $100M+ Energy Contracts with Shell and Origin Energy

Monadelphous Strengthens Energy Sector Footprint

Monadelphous Group Limited (ASX, MND), a leading Australian engineering services provider, has announced a significant boost to its contract portfolio with new awards exceeding $100 million. These contracts reinforce the company’s strong positioning within the energy sector, particularly in large-scale projects involving offshore and LNG infrastructure.

Shell Crux Platform Contract

The centerpiece of the announcement is a multidisciplinary services contract secured through Technip for the hook up and commissioning of Shell’s Crux platform. Located approximately 620 kilometres northeast of Broome, Western Australia, and about 160 kilometres from Shell’s Prelude floating liquefied natural gas (FLNG) facility, the Crux platform is a critical component of Shell’s long-term Prelude backfill strategy. Monadelphous is expected to complete the work by late 2026, underscoring a multi-year commitment that will contribute materially to the company’s revenue stream.

Inteforge’s LNG Equipment Supply Extension

In addition to offshore engineering services, Monadelphous’ fabrication arm, Inteforge, has secured a two-year extension to its master agreement with Origin Energy. This contract involves the continued supply of packaged, modularised wellsite equipment for LNG operations in Queensland. Inteforge has been supplying Origin Energy since 2015, and this extension highlights the ongoing trust and strategic partnership between the two companies in supporting Australia’s LNG infrastructure.

Strategic Implications and Outlook

These contract wins come at a time when the Australian energy sector is navigating a complex landscape of evolving demand and infrastructure development. Monadelphous’ ability to secure high-value, long-term contracts with industry majors like Shell and Origin Energy signals confidence in its operational capabilities and market positioning. While the announcement does not disclose detailed financial terms or margins, the scale and nature of these projects suggest a positive impact on Monadelphous’ medium-term earnings profile.

With a footprint spanning Australia and key Asia-Pacific markets, Monadelphous continues to leverage its multidisciplinary expertise across engineering construction and maintenance services. The company’s focus on energy infrastructure aligns well with broader sector trends, including LNG expansion and offshore platform development.