Beach Energy Provides Waitsia Stage 2 Update

Source: www.gulfoilandgas.com 12/6/2022, Location: Not categorized

Beach Energy notes the announcement that Clough Limited (Clough), the engineering, procurement and construction contractor for the Waitsia Stage 2 project, has been placed into voluntary administration with Deloitte appointed as administrator.

Beach and Mitsui E&P Australia (Mitsui), its joint venture partner and Waitsia operator, will work closely with the administrator, contractors, and stakeholders to ensure continued progress of the 250 TJ/day Waitsia Stage 2 gas plant.

Beach has been working with Mitsui in planning for various outcomes and will continue to work to deliver the best outcome for the project.

Authorisation
This announcement has been authorised for release by Beach’s Chief Executive Officer.





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