Saunders 2023 Annual Report e-book

NEW ENERGY Fuelled by technological advancements and a growing global sustainability movement, the new energy sector is rapidly transforming the global energy landscape. Several clients are increasing their attention to this sector, not only because it addresses environmental concerns, but also due to governments’ heavy investments in renewable energy projects, which present economic opportunities, foster innovation, and create jobs. We’re currently working with several fuel majors, energy majors and key clients, including bp, Ampol, and UGL on new energy projects and anticipate significant future growth in this sector. GEOGRAPHIC GROWTH We currently have a strong geographic presence across New South Wales, Queensland, Victoria, Western Australia, South Australia, Northern Territory and Papua New Guinea. We’re building a new presence in New Zealand and will explore additional regions to follow key clients and opportunities when they align with our strategic direction.

PROJECT PROFILE

Nova Nacap

Client

Nova Nacap Joint Venture

Value

$8.5 million

Location

Katherine, NT

Date secured

December 2022

Operational Area

Construction

Our scope of work for this project includes the design and construction of two 4-megalitre aviation fuel tanks at RAAF Base Tindal in Katherine, NT. It is subcontracted through the Nova Nacap Joint Venture, which is contracted to the Naval Facilities Engineering Command (NAVFAC) Pacific, US Department of Defence. The project continues to strengthen our relationship with the repeat client Nova Nacap, while also enhancing our capability and track record within the Defence sector. This project will contribute to Saunders’ revenue and earnings through 2023 and into 2024.

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