LEIGHTON HOLDINGS LIMITED 
By
20 June 2012
ASX Markets Announcements Australian Securities Exchange
Limited Level 4
20 Bridge Street
SYDNEY NSW 2000
Please find attached a copy of a media release to be issued
today by the Habtoor
Leighton Group (HLG), our 45% owned associate headquartered
in the Middle East, confirming the award of a project worth
in excess of $300 million.
Yours faithfully,
A.J. MOIR
Company Secretary
Habtoor Leighton Group (HLG) has secured a major contract for
the design and construction of accommodation and utilities
for artificial islands being constructed in the Zakum
Development Company's (ZADCO) Upper Zakum offshore oil field
development in Abu Dhabi.
HLG CEO and Managing Director Laurie Voyer said the new
project, which is located 84 km off the coast of Abu Dhabi,
reflected the Group's strategy of diversifying the
composition of its order book, and builds on the Group's
reputation as one of the leading diversified international
contractors in the Middle East
and North Africa.
"Over recent times, we've made a conscious effort to
diversify HLG's workload, and securing oil and gas- related
projects such as this are part of our approach".
A key aspect of the project's delivery is logistics - with
ZADCO acknowledging HLG's vast experience in delivering
complex projects in difficult and remote locations.
"By successfully delivering this project according to ZADCO's
program, HLG is in an ideal position to secure additional oil
and gas-related work for ZADCO and other oil and gas
companies across the region
"The UAE remains our largest geographic market and we expect
it remain so for some time," he said. HLG's scope of work
comprises the engineering, procurement and construction (EPC)
of
accommodation, supporting buildings and permanent utilities,
including:
• Accommodation for 2,150 people
• Kitchen, mess hall, clinic, laundry
• Recreational areas and mosque
• Operations and drilling offices and workshops
The project will commence immediately and is anticipated to
be completed in August 2015.
ZADCO has embarked on the Upper Zakum Field Development
(UZFD) program which is aimed at achieving a target oil
production plateau rate of 750 KBD from the UZ field and to
sustain this production target for at least 25 years
utilizing the artificial island based drilling and production
centres.
ENDS
In Dubai:
Chris Gordon
Habtoor Leighton Group
M: +971 (0) 50 654 9415
Chris.Gordon@hlgroup.com
The Habtoor Leighton Group (HLG) is one of the leading diversified international contractors in the Middle East and North Africa. The Group operates in the UAE, Qatar, Kuwait, Saudi Arabia, Oman, Iraq, Bahrain and Afghanistan. HLG is part of the Leighton Group, Australia's largest project development and contracting group with annual revenues exceeding US$18 billion.
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