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

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Clough Awarded $116m Contract by PTTEP Australasia

23 February 2009

Engineering and construction company Clough Limited (ASX:CLO) today announced that it has been awarded a contract by PTTEP Australasia (Ashmore Cartier) Pty Ltd valued at circa AUD$116m for the installation of the offshore facilities for the Montara Field Development.

The project incorporates the Montara, Swift and Skua fields which are located approximately 690km West of Darwin in the Ashmore Cartier permit area of the Timor Sea within the AC/L7 and AC/L8 production licences in 80m of water.

The scope of work is for the transportation and installation of the 750te Montara Wellhead Platform deck, the 285te mooring buoy with nine associated mooring legs, approximately 26km of infield pipelines, and the 100te Swift subsea manifold.

John Smith, Clough’s Chief Executive Officer, said: “This is a project well suited to the capabilities of our upgraded Java Constructor and we are delighted to be returning to Australian waters so soon after her extensive upgrade”.

The offshore installation campaign is scheduled to start towards the end of the second quarter of 2009, and will keep the Java Constructor engaged on the project, including mobilization and demobilization, for around four months.
 

Ends

John Smith, Chief Executive Officer +61 8 9281 9407
Kristy McGrath, Manager Marketing +61 8 9281 9344 / 0448 887 298

About Clough 

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

We employ about 5,000 skilled professional, technical and trades personnel from bases across Australia, Indonesia and Thailand and deploy a first class suite of integrated management systems. We are committed to the concept of zero harm and the wellbeing of our people and to the sustainability of the environment and communities in which we work.