Award of Pluto Site A Electrical and Instrumentation Works
Southern Cross Electrical Engineering Limited (ASX:SXE) is pleased to announce that it has received a Notice of Award of Contract from Woodside for the Pluto LNG Project storage and loading facility Electrical and Instrumentation Works with a value of approximately $35 million. Mobilisation of SXE’s team will commence at the end of December with completion expected in July 2010.
Managing Director, Stephen Pearce, said “Southern Cross has worked hard over the last 18 months preparing itself to re-enter the oil and gas market. The team at Southern Cross are looking forward to working with Woodside in constructing this national asset. This award is the start of what is expected to be an exciting period for the Company as we look at the pipeline of LNG projects that are being developed over the coming years.”
This brings the year to date revenue won by SXE to approximately $75 million.