CIM cimic group limited
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News: CIM CIMIC Group Ltd Updates On Gorgon Jetty

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    20/10/20
    12:45
    Post #: 48233009

    Oct 20 (Reuters) - CIMIC Group Ltd (CIM) :

    • UPDATE ON GORGON JETTY
    • ARBITRATION NOW CONCLUDED, ARBITRAL TRIBUNAL ISSUED AWARD OF $78 MILLION TO CONSORTIUM (CPB AND SAIPEM), COUNTERCLAIMS OF $35 MILLION TO CHEVRON
    • AWARD HAS NO IMPACT ON CIMIC'S OPERATIONAL BUSINESS OR CIMIC'S CASH POSITION
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