Clough's new owner Webuild is set to take on more of the collapsed Perth engineer's projects for $35.9 million, including the $750 million Waitsia gas development.
Administrators have granted Clough's proposed new owner Webuild an extension to pin down a final agreement for the sale, allowing more time to negotiate and potentially take on more projects.
Mitsui & Co says it is confident of finding a workable solution for its Waitsia gas project as the share price of its joint venture partner Beach Energy continues to slide.