OPERATIONS UPDATE
PROJECT PROFILE
2023 HIGHLIGHTS
$42 million contract to provide tank refurbishment and modification services for BP at its Kwinana Energy Hub in WA (secured June 2023) Significant progress in mechanical modifications and supply and installation of two aluminium geodesic dome roofs at BP’s Bulwer Island fuel terminal, QLD with a total value of over $9 million Continuing delivery of our longer, cornerstone contracts, including year three of our five-year maintenance program for Mobil in Altona, Yarraville VIC with expected revenue of over $13 million in 2023 Continuing to support Viva Energy with their tanks maintenance program across Australia, currently executing maintenance projects in three locations, Gore Bay NSW, Newport VIC and Townsville Qld with a total combined revenue of $12 million Continuing our ongoing support for Ampol in both Lytton Refinery and Kurnell Terminal delivering large number of tanks modifications projects for a combined value of over $8 million in 2023
Viva Gore Bay
Client
Viva Energy
Value
$5.7 million
Location
Gore Bay, NSW
Date secured
July 2022
We’ve been trusted by repeat client Viva Energy to help maintain one of their important projects; 70-year-old Tank 6030 at the iconic Gore Bay Terminal on Sydney Harbour. The much-loved tank is getting some much-needed TLC. We’re replacing the floor and bottom strake and installing a concrete reinforced ring beam as part of our preventative maintenance program to ensure the tank continues to reliably service the Sydney market for many decades to come. At 36m in diameter and 14m high, Tank 6030 holds approximately 9,000m 3 of heavy marine fuel oil (50% of Gore Bay’s capacity), making it a crucial part of the infrastructure to supply the cruise ship market. Located in a challenging spot between a 17m high sandstone cliff to the West and the iconic Sydney Harbour to the East, a tower crane had to be utilised to access the difficult work front. Repairs are progressing very well and we’re estimating it to be ready just in time for the upcoming cruise season in early 2024.
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Annual Report 2023 27
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