A memorandum of understanding (MOU) has been signed between Petrofac and Boya Energy, a majority Aboriginal-owned Western Australian renewable energy project developer – setting a path for the partners on future renewable energy projects in Australia’s resources, energy and industrial sectors.
The arrangement allows the parties to work together in a collaborative manner to identify potential opportunities for projects that are of mutual beneficial interest. Boya will provide its experience, local market knowledge and experience in developing, building and delivering renewable energy assets. Both parties anticipate that Petrofac will provide certain services and support to Boya including front-end engineering and design services, business development activities, operations, management and maintenance.
CEO of Boya Energy Ron Villaflor said: “Our partnership with Petrofac is an important step for Boya Energy. We take our participation in the renewable energy transition as seriously for Aboriginal people, country and assisting a rapid net zero transition as we do for the business opportunities it provides.”
Petrofac Engineering & Production Services’ Regional Director, Josie Philips, said: “We are delighted to be forming the first Aboriginal energy partnership of its kind in Australia. Like Boya Energy, Petrofac is committed to playing its part in delivering a sustainable energy sector.
“We look forward to combining our engineering, project management and operations capabilities, with Boya’s off-grid renewable energy expertise to support viable projects that will provide sustainable energy solutions.”
Future announcements will be made to detail the initial results of this collaboration.