UGL ugl limited
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News: UGL UGL says JV partner recorded additional charges against Ichthys Ccpp Project

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    02/08/16
    11:28
    Post #: 18424008

    Aug 2 (Reuters) - UGL Ltd (UGL) :

    • Notes that joint venture partner CH2M hill recorded additional USD95 million charge against Ichthys Ccpp Project
    • Expect that client driven delays on ichthys ccpp and smp projects may result in potential contract loss provision for UGL of up to $200 million across both projects
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