Leighton: Gorgon Contract Value Doubles, Australia

The value of Leighton Contractors’ contract to deliver the civils and underground works package for Chevron-operated Gorgon Project has increased by $975 million to an estimated value of $1.789 billion.

The new estimated value reflects an increased and amended scope of works to provide better flexibility to deliver the package in a more efficient and timely way, Leighton said in a statement.

The contract scope includes earthworks, in-situ and precast concrete and underground services, including drainage, piping and electrical and instrumentation cabling which will be installed within the LNG plant site.

Craig Laslett, Managing Director of Leighton Contractors, said the company “is committed to continuing to work closely with Chevron to deliver this important project.”

The Gorgon Project is operated by an Australian subsidiary of Chevron and is a joint venture of the Australian subsidiaries of Chevron (47.3 percent), ExxonMobil (25 percent), Shell (25 percent), Osaka Gas (1.25 percent), Tokyo Gas (one percent) and Chubu Electric Power (0.417 percent).

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LNG World News Staff, February 25, 2013