Papua New Guinea LNG project awards gas plant contract

Dec. 9, 2009
Esso Highlands Ltd., a unit of ExxonMobil Corp. and operator for the future Papua New Guinea LNG project, awarded a contract to CBI Clough joint venture estimated at more than $1 billion.

By OGJ editors
HOUSTON, Dec. 9
-- Esso Highlands Ltd., a unit of ExxonMobil Corp. and operator for the future Papua New Guinea LNG project, awarded a contract to CBI Clough joint venture estimated at more than $1 billion.

The contract scope includes engineering, procurement, and construction of the project's gas conditioning plant, nearby wellheads, and associated piping and infrastructure in the southern Highlands of Papua New Guinea (OGJ Online, Dec. 8, 2009). CBI Clough consists of CB&I (65%) and Clough (35%).

Papua New Guinea LNG is an integrated development that includes gas production and processing and onshore and offshore pipelines and liquefaction. Participating interests are affiliates of ExxonMobil Corp. unit Esso Highlands Ltd., operator (33.2%), Oil Search Ltd. (29%), Independent Public Business Corp. (PNG government, 16.6%), Santos Ltd. (13.5%), Nippon Oil Exploration (4.7%), Mineral Resources Development Co. (PNG landowners, 2.8%), and Petromin PNG Holdings Ltd. (0.2%).