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Clough-BAM Joint Venture awarded A$400 million Wheatstone LNG Project

Engineering and construction company Clough Limited (ASX:CLO) today announced that the BAM Clough Joint Venture has been awarded a contract by international oil and gas service company Bechtel, for the design and construction of the Chevron-operated Wheatstone Project LNG product loading facility and tug berths near Onslow, Western Australia. The contract is valued at approximately A$400 million.

The scope of work includes the design and construction of a 1.2 kilometre jetty with operations platform, a product loading platform with a single LNG and condensate load out berth, and associated piping modules and piping installation.

At peak, the contract will result in approximately 200 jobs, the majority of them in Australia. This includes 15 in the Pilbara region, 90 in Western Australia and 30 elsewhere in Australia.

Engineering, procurement and planning work for the project will commence in February 2012 with construction activities on site scheduled to start third quarter 2013. The project is scheduled for completion in fourth quarter 2016.

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