Clough Curtain JV awarded $75m Work Order for PNG LNG Project

abarrelfullabarrelfull wrote on 01 Dec 2012 09:58
Tags: asia clough engineering lng png

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Engineering and project services company Clough Limited (ASX:CLO) today announced that the Clough Curtain Joint Venture (CCJV) has received work orders worth approximately A$75 million associated with the PNG LNG Upstream Infrastructure contract.

The PNG LNG Project is an integrated development that includes gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities. Participating interests are affiliates of Exxon Mobil Corporation (including Esso Highlands Limited as operator, 33.2 per cent), Oil Search Limited (29.0 per cent), National Petroleum Company of PNG (PNG Government, 16.6 per cent), Santos Limited (13.5 per cent), JX Nippon Oil &Gas Exploration (4.7 per cent), Mineral Resources Development Company (PNG landowners, 2.8 per cent) and Petromin PNG Holdings Limited (0.2 per cent).

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