Duratec Secures $70m in Multi-Sector Contracts Including Hydrogen Hub
Duratec has landed approximately $70 million in contracts spanning energy, marine, and mining sectors, notably winning a construction management role at Orica’s Hunter Valley Hydrogen Hub.
- Awarded construction management at Hunter Valley Hydrogen Hub
- Secured contracts at Perth Airport, Fremantle Ports, and Rio Tinto Gove
- Contracts total about $70 million across four projects
- Expansion into energy transition and decarbonisation markets
- Leverages recent Hunter Region acquisitions for local delivery
Duratec Advances into Hydrogen Infrastructure
Duratec Limited (ASX:DUR) has taken a significant stride into the emerging hydrogen economy with a construction management contract at Orica’s Hunter Valley Hydrogen Hub (HVHH). Valued as part of a $70 million haul of new contracts, this award marks a strategic pivot towards energy transition and decarbonisation projects, leveraging the company’s recent acquisitions in the Hunter Region to establish a local workforce and supply chain.
Diverse Contract Wins Across Infrastructure Sectors
Alongside the HVHH contract, Duratec has secured three other substantial projects: early contractor involvement (ECI) services for Perth Airport’s Jet Fuel Expansion Program (JFEP) through its joint venture with West Coast Civil; a wharf remediation project at Fremantle Ports’ Kwinana Bulk Jetty; and a structural integrity remediation contract at Rio Tinto’s Gove bauxite export facilities in the Northern Territory. These contracts span energy, marine, and mining sectors, underscoring Duratec’s multi-disciplinary engineering and remediation expertise.
Strategic Importance of Perth Airport and Fremantle Ports Contracts
The Perth Airport ECI contract, commencing immediately and running for six months, involves design work on fuel farm facilities and hydrant lines, potentially unlocking downstream construction opportunities. Meanwhile, the Fremantle Ports project, slated to run for around 30 months, focuses on cathodic protection and concrete repairs to extend the operational life of the Kwinana Bulk Jetty, a critical bulk cargo terminal.
Long-Term Engagement with Rio Tinto at Gove
Duratec’s three-year contract with Rio Tinto involves remediation and structural strengthening of wharf infrastructure at the Gove facility, with initial works scheduled to start in June 2026. This engagement highlights Duratec’s capacity to support ongoing asset integrity in the mining export sector, a key revenue stream for the company.
Positioning for Growth in Energy Transition Markets
Managing Director Chris Oates emphasised the Hunter Valley Hydrogen Hub contract as a milestone in Duratec’s expansion into future energy markets, aligning with Australia’s broader decarbonisation goals. The company’s integrated capabilities and local presence in the Hunter Region are expected to enhance project delivery and capture greater value across contract lifecycles. This move builds on Duratec’s recent East Coast growth following its acquisition of Pacific Welding Australia, which boosted its self-perform capabilities in the region.
Bottom Line?
Duratec’s $70 million contract wins signal growing footholds in both traditional infrastructure and emerging hydrogen markets, with execution and potential follow-on work critical to sustaining momentum.
Questions in the middle?
- Will Duratec convert Perth Airport’s ECI phase into larger construction contracts?
- How will Duratec’s Hunter Region acquisitions influence its delivery efficiency at the Hydrogen Hub?
- What impact will these contracts have on Duratec’s revenue recognition and margins over the next 12 months?
