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Murray & Roberts secures two new contracts through subsidiaries Clough and CH-IV
27 January 2016

Johannesburg, 27 January 2016 – Clough (Perth-based) and CH-IV (Baltimore-based), two wholly-owned subsidiaries within the Murray & Roberts Group, this week secured contracts in the oil and gas sectors in Korea and the United States (“US”).

Henry Laas, Group Chief Executive, Murray & Roberts comments: “We are very pleased with these awards, considering the low oil price and current pressure on the global oil and gas market.”

Samsung Heavy Industries Co. Ltd. (“SHI”) awarded a contract for hook-up services on the Ichthys LNG Project Central Processing Facility (“CPF”) to Clough. The scope of work includes the preparation and execution of offshore hook-up activities and assistance to commissioning. Project management will be executed from Clough's office in Perth, with the technical support of Clough’s Korean joint venture, CloughCoens.

“The Ichthys LNG project follows on a strong relationship with INPEX over many years and Clough’s investment in developing its hook-up capability and implementing key productivity tools and processes to reduce cost and deliver greater certainty of project outcome for clients. The CH-IV project may not be material from a contract value point of view, but it’s another successful bid in the owner’s engineering space in the US”, continues Laas.

CH-IV International has been selected as owner’s engineer for Eagle LNG Partners’ (“Eagle LNG”) previously announced liquefied natural gas (“LNG”) production and export facility on Zoo Parkway in Jacksonville, Florida. As owner’s engineer, CH-IV is responsible for the engineering necessary for completion of the Federal Energy Regulatory Commission (“FERC”) application.

Jeffrey P. Beale, President of CH-IV International stated, “CH-IV is extremely proud that Eagle LNG has chosen us for such an important energy project. Clearly our experience in designing LNG facilities requiring FERC regulatory permit approval will help Eagle LNG progress this project toward providing a new source of clean-burning natural gas for the island nations in the Caribbean.”