Clough Curtain JV Clinches Contract for PNG LNG Upstream Infrastructure
Clough Curtain Joint Venture has received firm work orders worth AU $250 Million associated with the Upstream Infrastructure contract awarded on May 1, 2009.
The total value of work awarded to CCJV on the Upstream Infrastructure project now stands at AU $560 Million.
The PNG LNG Project is an integrated development that includes gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities. Participating interests are affiliates of Exxon Mobil Corporation (including Esso Highlands Limited as operator, 33.2 percent), Oil Search Limited (29.0 percent), Independent Public Business Corporation (PNG Government, 16.6 percent), Santos Limited (13.5 percent), Nippon Oil Exploration (4.7 percent), Mineral Resources Development Company (PNG landowners, 2.8 percent) and Petromin PNG Holdings Limited (0.2 percent).
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