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Clough Limited News

11 Feb 2005

Major Conversion Project for Solstad

The cable laying vessel “Normand Clipper” will undergo an extensive conversion equal to that of its sister vessel “Normand Cutter”. Here is the converted “Normand Cutter” immediately after its conversion was completed in May last year. (Photo: Harald M. “This is an exciting period with increasing interest in vessels designed for extremely demanding marine operations. During the last six year we have signed contracts for two major conversions and one new build for this market. I would argue that Ulstein is the leader in offshore construction vessels,” says Tore Ulstein, President of Ulstein Verft AS. Shipowners Solstad announced yesterday that Ulstein Verft is to perform the conversion of their cable-laying vessel, Normand Clipper.

17 Jul 2007

Clough Secures New Subsea Construction Vessel

Clough Limited has entered into an agreement for an eight year charter of a new subsea operational support vessel. The as yet unnamed vessel will be ready for service in June 2008. Once operational the vessel will be deployed on various projects and contracts, primarily in the Australasian and SE Asian regions. The vessel is an advanced multi-purpose subsea construction vessel, developed in cooperation with owner and yard. Measuring 385 ft. long, with a beam of 72 ft., the vessel is being built with accommodation for 120 people. The vessel is designed for construction, subsea operations, diving and ROV services and will have a work deck area aft of the ROV section of approximately 1150 m2.

22 Nov 2005

Aker Kvaerner and Clough Win Woodside Contract

Australia-based Woodside Energy Limited awarded the Aker Kvaerner-Clough Limited joint venture a contract for the installation of topsides for the Angel platform. The contract value is approximately $33 million; Aker Kvaerner's share is approximately $16.5 million. The Joint Venture will perform all installation engineering and construction activities related to transportation and installation of the Angel topside module, weighing approximately 7,000 tons. The Angel field is located on the North West Shelf of Western Australia approximately 49 km east of Woodside's North Rankin Platform. The project will commence immediately and work towards final investment decision in January 2006. Given project sanction, the topside installation is planned for late 2007 / early 2008.

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