Thursday, January 17, 2013

Leighton handed US$211 million contract to build Esso Highlands headquarters in PNG

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Australia’s Leighton Holdings has been awarded a contract by ExxonMobil’s Papua New Guinea subsidiary Esso Highlands.
Leighton’s wholly-owned subsidiary, Leighton Contractors, was awarded the A$200 million (US$211.3 million) contract to build Esso’s permanent head office in Port Moresby, Papua New Guinea.
Leighton said construction was expected to start this year and will require a peak workforce of 360, adding 80% of those workers would be sourced from local industry.
Esso Highlands is the operator of the PNG liquefied natural gas project which is based on a two-train processing plant with a capacity of 6.9 milllion tonnes per annum.
Esso holds a 33.2% stake in the project and is partnered by Oil Search (29%), PNG government company Independent Public Business Corporation (16.6%), Santos (13.5%), Nippon Oil (4.7%), PNG landowner company Mineral Resources Development Company (2.8%) and national oil company Petromin (0.2%).

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