Australia-headed Saunders International Ltd (Sauders), a multi‐disciplined engineering and construction company providing design, fabrication, construction, shutdown, maintenance and industrial automation services has announced that it has been awarded a AU$42 million contract to provide tank refurbishment and modification services for bp at its Kwinana energy hub, in Perth, Western Australia.
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According to a statement, the fixed price Engineering Procurement and Construction (EPC) contract forms part of bp’s Kwinana Renewable Fuels project.
The scope involves 25 tanks at the bp Kwinana energy hub being repurposed for feedstock or biofuel storage.
The Kwinana Renewable Fuels project is one of five biorefineries that bp has planned globally.
The project plans to reutilize some infrastructure at the bp Kwinana site to produce lower-carbon fuel products that have the ability to support the decarbonization of aviation and heavy industry.
Saunders continues to build on its strong track record as a trusted partner for a repeat client, bp. This win is particularly pleasing as it’s the first of its kind globally for bp and a first for Australia. We’re excited to help bp repurpose the former Kwinana oil refinery so it’s future-ready, said Mark Benson, Managing Director and CEO of Saunders International
Subject to regulatory and State government approvals, bp’s Kwinana project is expected to commence in July 2023 and will contribute to Saunders’ revenue and earnings from FY24 to FY26.