Growing Our Business - Energy and Infrastructure
Growing our business - Energy
RESOURCES
INFRASTRUCTURE,
MARINE & DEFENCE
ENERGY
CIVMEC
• With prices making a sharp recovery over the past year, energy activity is expected
to grow substantially over the next few years, with a peak in FY24.
Activity will be supported by major projects such as Gorgon Stage 2 (WA), Pluto
Stage 2 (WA), Scarborough Gas Field (WA), the Surat Gas Project (QLD) and the
Barossa gas field (NT).
• The hydrogen industry is gaining traction in Australia, and we expect more projects
to be announced over the forecast horizon. These include the Haber Project (WA),
Woodside's H2 Perth in Kwinana (WA) and Port Pirie Green Hydrogen Project (SA).
A$B
Energy CAPEX
35
32
30
25
20
15
10
5
0
FY21
FY22
FY23
FY19 FY20
FY24 FY25
Energy opportunities across Australia including Electricity Generation, Transmission
and Supply, Oil, Gas and Other Hydrocarbons.
Source: BIS Oxford Economics
Civmec Growth Opportunity Targets:
Decommissioning Offshore Assets at Henderson.
.
Hydrogen and Ammonia projects.
Subsea Modules.
INVESTOR PRESENTATION CIVMEC 20
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