21/10/2010 - 00:00

Binder wins record deal on Gorgon

21/10/2010 - 00:00

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KEWDALE company Binder Group has won its largest-ever package of work, securing contracts worth more than $25 million on the Gorgon liquefied natural gas project.

Binder is a specialist manufacturer, designer and distributor of pipe support systems.

Group managing director Paul Bennett said the company was awarded the Gorgon LNG contracts after a global tender process, and envisaged supplying the specialist pipe supports over the next two to three years.

The company plans to recruit about 10 extra engineering and project support staff in Perth, while staffing will also increase at its half-owned manufacturing plant in Indonesia.

Mr Bennett said the Gorgon contracts were about twice the size of the company’s previous contracts, and provided a welcome relief.

“The last 18 months to two years have been very poor trading conditions for us,” he said.

“When the GFC hit, all the projects stopped.”

Mr Bennett said many project developers had taken the opportunity to re-tender, and work was starting to flow again.

Binder’s previous contracts have included supplying Woodside’s Pluto LNG development, the North West Shelf venture’s train 4 expansion, Shell’s Pearl gas-to-liquids project and Chiyoda’s Rasgas project in Qatar.

Mr Bennett said the group’s success in the gas sector followed a breakthrough contract in Nigeria.

 

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