Sunday 25 February 2007

Corrib Gas Partners announce award of two significant contracts for Corrib Project

The Corrib Gas Partners have announced the award of two further contracts on the Corrib Natural Gas Project.

The first of these contracts was signed with Mercury Engineering and covers the mechanical and piping works package for the onshore gas terminal. The value of the contract is in the order of €40m.

The second contract was signed with Roadbridge Ltd. This civil engineering contract comprises the civil works and foundation package and the value of this contract is in the order to €20m.

"We are delighted to be working with Irish companies such as Mercury and Roadbridge" - said Andy Pyle, SEPIL Managing Director. "The calibre of these companies and their staff is second to none and I am confident that these companies will continue the excellent standard of work that is already being produced in the development of the Corrib gas terminal."

There are, currently, almost 200 people employed as a result of the ongoing work on the Bellanaboy terminal site. Peat removal will commence in late-March and will see a further 100 jobs created. Full construction will commence in autumn.

At peak construction period, there will be approximately 700 people employed on the terminal site. In the-long term there will be 100 full-time permanent positions created in the local area as a result of the project.

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