Bond acquired 2,097,702 indirect ordinary shares on May 8, 2019 and now holds a total of 2,185,576 ordinary shares.
In March the company won a contract to design, build and commission a new custody transfer system at the Chevron Australia-operated Gorgon Project.
The system is for metering, sale and transfer of condensates processed at the project.
Synertec’s managing director Michael Carroll said: “This system is complex and highly technical and is ‘mission critical’ for the effective transfer of high-value condensate product.
“We are applying our locally developed expertise from LNG custody transfer to a different, but allied product stream.”
Carroll added: “It is gratifying that our strategy to create word-leading innovative solutions and capability in specific, high value market ‘verticals’ is delivering positive results.”