(EnergyAsia, February 27 2012, Monday) — Australian engineering and construction company Clough Limited said its joint venture with Curtain been awarded work orders worth approximately A$145 million associated with the liquefied natural gas (LNG) upstream infrastructure project in Papua New Guinea. (US$1=A$0.94).
The PNG LNG project is an integrated development that includes gas production and processing facilities, onshore and offshore pipelines and liquefaction facilities.
The project is being developed by a consortium led by operator Exxon Mobil’s Esso Highlands Limited with a 33.2% stake. Its other stake holders are Oil Search Limited (29%), PNG-state owned National Petroleum Company PNG (16.6%), Santos Limited (13.5%), Nippon Oil Exploration (4.7%), Mineral Resources Development Company (PNG landowners, 2.8%) and Petromin PNG Holdings Limited (0.2%).