Clough scores Eni Blacktip contract

Company News

A Clough Limited (ASX:CLO) AMEC joint venture (JV) has scored a contact to provide maintenance support for Eni’s Blacktip Project offshore Australia.

The engineering and construction company will undertake consultancy services, engineering, procurement and management of subcontractors as part of the JV over the next three years.

The Blacktip Project is expected to deliver gas to the Northern Territory's Power Water Corporation for 25 years.

Just last month the BAM Clough JV secured $510 million worth of contracts to work on the $US34 billion Ichthys gas project.

Clough reported a net profit of $12 million in the first half of the 2012 financial year.


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