Bunnik, The Netherlands, 21 January 2008 - Interbeton bv - the operating company of Royal BAM Group nv, active outside Europe - has received a letter of intent from Woodside approving the initial expenditure of up to € 18 million (AUD 30 million) for preliminary works for the LNG jetty berth for the Pluto LNG project on Australia's west coast.
The management of Wayss & Freytag Ingenieurbau is continued by Mr J.J. Wenkenbach.
The preliminary works for the 300 metre long approach jetty for the Pluto LNG loadout berth contract will be undertaken in an equal joint venture with Clough Ltd of Australia (Harbourworks Clough JV), which recently successfully completed the Train 5 LNG Jetty extension as part of the North West Shelf Venture gas processing facilities on the Burrup Peninsula. The Harbourworks Clough JV, which has successfully completed many marine structures in Australia, continues a 40 year relationship with Clough Ltd.
These preliminary works are to firm up design to enable final works approval, which is expected early in 2008.
Further information: A.C. Pronk, + 31 (0)30 659 86 21.