It was badly flooded on 11 January.
BP is currently finalising the redesign of the building and work will commence after that is completed.
It is almost 9 months since the flood and the rebuilding of Goodna has been a long process.
Local Goodna Councillor Paul Tully said today's announcement was good news for residents of Goodna and Bellbird Park.
"BP has been slow to react compared with other local businesses but they are now on the way with their rebuilding plans and that is great for the local economy," Cr Tully said.