Clough Ltd has secured a lucrative $2.7 billion contract for procurment and construction management of the Gorgon LNG project.
Chevron awarded the contract to the Kellogg Joint Venture Group, in which Clough has a 20% stake. The contract will be worth around $540 million to Clough in the next 5 years.
ASX Code: CLO
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For more details on this news story
- The Australian: “Chevron awards Kellogg $2.7bn Barrow Island gas contract”
- Clough: “Gorgon EPCM contract awarded to Kellogg joint venture”