Engineering and construction company Clough Limited (ASX:CLO) today announced the execution of two binding contracts between JGC Corporation, KBR and Chiyoda Corporation joint venture (JKC JV) and BAM Clough joint venture for the design and construction of the Ichthys LNG Project Module Offloading Facility (MOF) and the Ichthys Product Loading Jetty. The combined value of the contracts is approximately A$510 million.

Receipt of the Letters of Intent (LOI) for the Ichthys MOF and Jetty contracts were announced by Clough on 7 February 2012 and 8 March 2012 respectively.