Monadelphous Group Limited (AU:MND) has released an update.
Monadelphous Group Limited has secured a seven-year maintenance and minor construction contract for Shell Australia’s Prelude FLNG, building upon a nine-year service history. The contract, which begins in November 2024, will involve onshore project management in Perth and offshore maintenance services. The company anticipates that the contract will maintain its historical annual revenue contribution without material changes.
For further insights into AU:MND stock, check out TipRanks’ Stock Analysis page.