CIMIC takes big $1 billion hit after Chevron wins court dispute

FOUR years after Australian construction company CIMIC began litigation against Chevron Corporation over work at the Gorgon gas plant in Western Australia, it has lost its case worth $1.1 billion.

CIMIC takes big $1 billion hit after Chevron wins court dispute CIMIC takes big $1 billion hit after Chevron wins court dispute CIMIC takes big $1 billion hit after Chevron wins court dispute CIMIC takes big $1 billion hit after Chevron wins court dispute CIMIC takes big $1 billion hit after Chevron wins court dispute

 

CIMIC began court proceedings in the US against Chevron and KBR in 2016, claiming damages of more than $1.15 billion, over delays to do with the jetty at the Gorgon LNG project.