ICN Passed the Gorgon Test, ICN WA
The Gorgon Project in Australia’s north-west stands as a testament to groundbreaking achievement in the energy industry, representing the largest single resource project ever undertaken in the country. With ICN’s assistance, Australian firms have secured over $20 billion in contracts, marking a significant milestone in the nation’s economic landscape.
Chevron’s $43 billion Gorgon Project has set new industry benchmarks while creating historic opportunities for employment and local businesses, thereby enhancing energy security for the foreseeable future. Throughout its construction phase, the project has been instrumental in infusing approximately $20 billion into the Australian economy.
Navigating this monumental endeavour presented substantial challenges, especially considering the strain on relevant Australian sectors amidst sustained resource expansion. Leveraging its extensive industry knowledge and networks, Chevron collaborated with ICN in Western Australia to address these challenges effectively. ICN’s approach involved tapping into firms with world-class skills and energy, albeit limited exposure to the resources sector.
Led by Linus O’Brien from ICN’s WA office, the Gorgon challenge brought out the best in the ICN team. Over 1000 firms engaged with ICN on Gorgon inquiries, resulting in 61 firms securing contracts totalling over $1 billion. Among these success stories is Kingston Bridge Engineering, a Welshpool-based specialist in polyethylene (HDPE) pipe fabrication.
Kingston Bridge Engineering’s collaboration with the Gorgon Project exemplifies the transformative impact of local partnership and innovation. Meeting Chevron’s stringent requirements demanded cutting-edge solutions and a willingness to innovate. Through ICN’s network, Kingston Bridge Engineering secured contracts worth $8.5 million, extending its reach to international markets.
Beyond financial gains, Kingston Bridge Engineering’s involvement in the Gorgon Project enabled it to weather the global financial crisis, preserving jobs and sustaining growth. Vanda Bostin, representing Kingston Bridge Engineering, noted the mutually beneficial relationship forged with Chevron, underpinned by local knowledge and adaptive problem-solving.
Chevron’s commitment to local partnerships has unlocked over $15 billion in contracts, with a continued focus on facilitating opportunities for Australian businesses. ICN’s pivotal role in fostering industry collaboration has been underscored by government support for multi-billion dollar projects across Australia.
As Australia’s premier industry matchmaker, ICN remains dedicated to connecting project developers with the best suppliers and vice versa. With nearly three decades of experience and the cutting-edge ICN Gateway, ICN ensures no opportunity goes untapped, empowering businesses to thrive in the ever-evolving economic landscape.
Issue date: February 2012
