Clough Limited [CLO] - Clough Helix receive LOI for CACT Project, offshore China
Engineering and construction company Clough Limited (ASX:CLO) today announced that the Clough Helix Joint Venture has been given a letter of intent by COOEC Subsea Technology Co Ltd (COOEC means China Offshore Oil Engineering Co) for offshore installation support activities associated with the Huizhou Field, offshore China. The contract, which is expected to be signed in the next two weeks, is day rate with a minimum commitment of 120 days with options for further extension.
Engineering and construction company Clough Limited (ASX:CLO) today announced that the Clough Helix Joint Venture has been given a letter of intent by COOEC Subsea Technology Co Ltd (COOEC means China Offshore Oil Engineering Co) for offshore installation support activities associated with the Huizhou Field, offshore China. The contract, which is expected to be signed in the next two weeks, is day rate with a minimum commitment of 120 days with options for further extension.
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