Clough awarded $260 million WA gas contract
11 April 2008
Engineering and construction company Clough Limited (ASX:CLO) today announced that it had been awarded the Apache Devil Creek Development Project , valued at approximately $260 million. The scope of work is for the Engineering, Procurement and Construction of the onshore facilities for the processing and transportation of gas reserves from the Reindeer gas field, which is located approximately 80 kilometres off the Port of Dampier, Western Australia.
The self contained Devil Creek Gas Plant will comprise gas treatment/dehydration, condensate liquid stabilisation, storage and road loadout facilities, gas compression and metering. An onshore 3 phase 16” raw gas pipeline will link to the shore crossing. The tie-in to the existing Dampier to Bunbury Natural Gas Pipeline is not included in the scope.
Clough performed the Front End Engineering Design (FEED) for Apache Energy Limited, the operator of the Reindeer Field and the Devil Creek Development Project, for the offshore production facilities and the onshore gas plant.
John Smith, Clough’s Chief Executive Officer said, “Apache and Clough have put considerable effort into agreeing the contract form to ensure alignment of objectives and an equitable balance of risk and reward.”
“We are familiar with the Pilbara region and have worked successfully with Apache in the past. This is an important domestic gas resource for Western Australia and we will do everything in our power to deliver an excellent project for Apache, the State and Clough.”
Detailed engineering and materials sourcing is now underway. The project is expected to be complete mid 2010.
Ends
For further information, please contact:
John Smith, Chief Executive Officer +61 8 9281 9407
Gaye Gelok, Manager Communications & Marketing +61 8 9281 9451
About Clough
Clough is a leading Australian based engineering, construction and asset support contractor providing full project life cycle solutions to its clients for capital projects, marine construction, fabrication, asset support and mining.