Clough award second contract on Ichthys project

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Clough award second contract on Ichthys project

Clough announced that Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) has awarded a contract for the hook-up services on the Ichthys LNG Project Floating, Production, Storage and Offloading (FPSO) facility. The Ichthys FPSO is a 336 metre long, permanently moored and weather-vaning vessel designed to hold more than one million barrels of condensate.

This is the second hook-up contract awarded to Clough for the Ichthys LNG project, with Samsung Heavy Industries (SHI) awarding a similar contract earlier in the week.

The scope of work includes the preparation and execution of offshore hook-up and assistance to commissioning. Work will commence in the first quarter of 2016 with the mobilisation of engineering and technical teams to the DSME fabrication yard located in Geoje, Korea before moving offshore in the Browse Basin, 200 km off the northern coastline of Western Australia.

Project management will be executed from Clough’s office in Perth with the technical support of Clough’s Korean joint venture CloughCoens.

Clough’s CEO and Managing Director Kevin Gallagher commented: “This second award firmly establishes Clough as the leader in the provision of hook-up services to the oil and gas sector. We are delighted to be assisting INPEX and DSME with this critical phase of the project”

The Ichthys LNG Project is a joint venture operated by INPEX in partnership with Total, CPC Corporation Taiwan and the Australian subsidiaries of Tokyo Gas, Osaka Gas, Kansai Electric Power, Chubu Electric Power and Toho Gas. It is among the most significant oil and gas projects in the world with the largest offshore facilities in the industry, a state-of-the-art onshore processing facility and an 890 km pipeline linking these facilities for an operational life of at least 40 years.

For more information, please visit: www.clough.com

Source: Your project news

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.