Clough JV wins $45m deal for Macedon

Engineering and construction group Clough has announced that its joint venture with pipeline construction specialists STREICHER Group has won a $45 million contract for work on BHP Billiton's $US1.5 billion Macedon gas project.

The Clough-STREICHER joint venture will perform horizontal directional drilling, construct an onshore gas pipeline, a sale gas pipeline and umbilical installation at Macedon.

Clough chief executive John Smith said resources and expertise from the company's seam gas division would partner with STREICHER on the project.

At 9:32AM(WST) Clough shares had dropped 2.8 per cent, to trade at 68 cents.