STREICHER–Clough Joint Venture awarded new contract

abarrelfullabarrelfull wrote on 28 Jun 2011 07:44
Tags: australia clough services streicher


Engineering and construction company Clough Limited (ASX:CLO) today announced the award of a circa A$45 million contract to the STREICHER-Clough Joint Venture (SCJV) for pipeline construction work on the Macedon Project.

SCJV is a 50/50% joint venture between Clough and Germany’s pipeline engineering and construction specialists, STREICHER Group.

The scope of work includes horizontal directional drilling, construction of an onshore wet gas pipeline and sales gas pipeline and umbilical installation. Work is due to commence in June 2011 with completion anticipated in May 2012.

"We are delighted to be working on this important Western Australian project," said Clough’s CEO John Smith.

"We will utilise resources and expertise from our Clough Seam Gas division and partner STREICHER to deliver the best possible project outcomes".


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