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BAM Clough JV awarded Letter of Intent for Papua New Guinea LNG Jetty August 30, 2010

Posted by Fortbridge in Energy.
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Engineering and construction company Clough Limited (ASX: CLO) today announced that the BAM Clough Joint Venture has received a Letter of Intent from Chiyoda JGC Joint Venture to proceed with the design and construction of the LNG and condensate offloading jetty for the PNG LNG project.

The contract is valued at approximately US$258 million. Engineering, procurement and planning work for the project has already commenced under a separate advanced work order.

Click here to view the full announcement.

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