06/04/2016 - 11:47

Clough wins Woodside contracts

06/04/2016 - 11:47

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Perth-based engineering services company Clough has strengthened its relationship with Woodside Petroleum, winning two contracts for work on the energy giant’s onshore and offshore assets.

Woodside's Pluto LNG facility in the Carnarvon Basin.

Perth-based engineering services company Clough has strengthened its relationship with Woodside Petroleum, winning two contracts for work on the energy giant’s onshore and offshore assets.

Clough has been selected to work as part of an engineering panel, which will provide multi-disciplinary engineering services for Woodside.

Clough will provide a full suite of engineering services including concept and feasibility studies, front-end engineering and design, engineering assessment and review, detailed engineering and production support across Woodside’s entire operated onshore and offshore producing assets.

“Our brownfields engineering team will deliver fit-for-purpose engineering solutions that reduce capex and opex cost while increasing safety, productivity and schedule certainty,” Clough chief executive Peter Bennett said.

“We are delighted to be selected as an engineering partner by our key client Woodside.”

Meanwhile, Clough’s US-based LNG consulting and advisory subsidiary, CH-IV, has also been awarded an owner’s engineer contract for Woodside’s production and export facility at the Eagle LNG facility in Florida.

CH-IV will be responsible for completing a Federal Energy Regulatory Commission application for the facility, which will consist of three LNG production units that will each be capable of producing up to 500,000 gallons of LNG per day.

The facility will include an LNG storage tank, a marine load-out facility and dock, and an LNG truck-out facility.

The value of the contracts awarded today were not disclosed.

Woodside shares were 2.7 per cent higher to $24.60 each at 11:45am.

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