costs force clough to set up offshore

http://au.news.yahoo.com/thewest/a/-/newshome/17781617/costs-force-clough-to-set-up-offshore/

some good points about cost cutting both employees and offices but disappoint about the QCLNG work.

The article said the following....

"Clough's joint venture with Transfield Services will not be undertaking further work on the Queensland Curtis LNG project worth hundreds of millions of dollars. The Clough spokeswoman said the contractors walked away from a potential contract to build the project's compression facilities because they could not agree on terms with client QCLNG"