Australia: Clough Signs Ichthys Contract

Engineering and construction company Clough Limited  today announced the execution of a binding contract between the Ichthys Joint Venture and Clough DORIS Joint Venture, for the Ichthys LNG Project Offshore Integrated Project Management Support Services (IPMS), which has a limitation on spending until attainment of FID.

Receipt of the Letter of Intent for this circa A$250 million contract was announced by Clough on 9 August 2011.

About Clough

Established in 1919, Clough delivers an integrated Engineering, Procurement and Construction service to oil and gas and mineral resources projects primarily in Australia and South East Asia. The Group’s services range from concept development through design, construction, installation, commissioning, operations and maintenance.

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Source: Clough,  September 8, 2011;