^{Monday, January 4th, 2016;}

Clough Wood Pty Ltd is pleased to announce the award of a new three year contract with Conoco Phillips in Australia, to provide asset support, operations and maintenance services to the Bayu-Undan offshore field development, located in the Timor Sea.

The Bayu-Undan offshore facilities consist of a floating storage and offloading facility and three fixed platforms, a remote wellhead platform and a compression, utilities and quarters platform (CUQ) and a drilling, production and processing platform. The latter two are located adjacent to each other and linked by an access bridge, forming the Central Production and Processing Complex.

Clough Wood has provided asset integrity management and implementation services support to these facilities since July 2004.

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