BAM GROEP KON : BAM Clough JV receives letter of intent for design & construct contract in Australia
02/07/2012 | 08:24am
Bunnik, the Netherlands, 7 February 2012 - The BAM Clough
Joint Venture has received a letter of intent from JGC
Corporation, KBR and Chiyoda Corporation joint venture
(JKC-JV), for a contract valued at EUR 110 million (AUD 140
million). The scope of work involves the design and
construction of the Ichthys LNG Project Module Offloading
Facility (MOF) near Darwin, Northern Territory, Australia.
The MOF will be constructed as part of the INPEX-operated
Ichthys LNG facility, being developed in Darwin. It is a
key facility that will be used to offload modules being
supplied under other subcontracts to assemble the LNG
liquefaction plant.
Under this letter of intent, expenditure is limited for BAM
Clough to the commencement of engineering, procurement and
planning work for the project. Construction activities for
the MOF are scheduled to commence in early 2013 with MOF
project completion anticipated in early 2014. At peak the MOF
project will employ a workforce of 130.
The Ichthys LNG Project is a joint venture between INPEX
(76%, the operator) and Total (24%). Gas from the Ichthys
Field, in the Browse Basin approximately 200 kilometres
offshore Western Australia, will undergo preliminary
processing offshore to remove water and extract condensate.
The gas will then be exported to onshore processing
facilities in Darwin via an 889-kilometre subsea pipeline.
The Ichthys LNG Project is expected to produce 8.4 million
tonnes of LNG and 1.6 million tonnes of LPG per annum, along
with approximately 100,000 barrels of condensate per day at
peak.
BAM Clough is a 50/50 joint venture between BAM International
bv (part of Royal BAM Group) and Clough Limited. Established
in 1964, the joint venture has successfully delivered 13
major jetty projects for the energy and resources sectors.
The joint venture is currently working on the LNG jetty for
ExxonMobil, in Papua New Guinea.
