Saunders 2023 Annual Report e-book

PROJECT PROFILE Pelican Point Terminal Client Quantem Value $44 million Location Adelaide, SA Date secured July 2023 Operational Area Construction

CLIENT FEEDBACK

Now that works are complete, I would once again like to thank you and your team for all of the great work. The final weeks of the project saw many different activities being completed in a limited amount of time, all completed safely and to a high standard. Over the last couple of months we have seen all of the Saunders team roll up their sleeves and do what needed to be done to bring this project home. The end result was a product that we can all be proud of. Your management of the project has been strong throughout, working hard behind the scenes to ensure the best outcome for your client. Thank you. Project Manager Australian Fuel Major, QLD. June 2023

This project is a great example of the innovation and high‐quality, fast‐tracked results that can be achieved with early collaboration between client and contractor. In 2023, Saunders’ multi‐disciplinary in‐house engineering and operational teams worked closely with long-term and repeat client Quantem to value engineer, optimise constructability and conduct a full lifecycle analysis on a critical new project at Quantem’s Pelican Point terminal in Adelaide. Together, we were able to proactively manage risk and unlock extra value for our client as they looked to more than double diesel storage capacity at the site – it was a fantastic result and an impressive team effort. We announced the $44 million contract win in July 2023. The scope of work includes detailed design, procurement, construction, fabrication, installation, and commissioning of three 30,000 cubic metre diesel storage tanks and associated structural, mechanical and piping infrastructure, adding significant new diesel storage capacity for the fuel industry in South Australia. The project is supported by Quantem’s successful funding application under the Australian Government’s Boosting Australia’s Diesel Storage Program. Investing in Australia’s diesel storage capacity will help protect against future supply chain disruptions and will help the industry to meet new minimum stockholding obligations introduced as one of the measures in the Fuel Security Act (2021). This safeguard is essential for Australia’s energy security as diesel currently underpins our critical infrastructure, transport and industries, as well as the ability to respond to critical emergencies. Construction is set to begin on site in Q4 calendar 2023, with the site commissioned by Q2 calendar 2025. The project will contribute to Saunders’ revenue and earnings in 2024 and 2025.

17

Annual Report 2023 17

Made with FlippingBook - Online Brochure Maker