Larsen & Toubro (L&T) said that L&T Energy Hydrocarbon has been awarded a contract by the Saipem and Clough JV (SCJV) in Australia for the fabrication and supply of process and piperack modules. These are intended for a colossal 2.3 MMTPA urea plant owned by Perdaman Chemicals and Fertilisers Pty Ltd. Strategically positioned on the […]
Italian construction firm Webuild will acquire certain Australian business assets of Clough for a total transaction consideration of AUD 17.6 million plus the assumption of employee liabilities. The acquisition is expected to help increase Webuild’s footprint in Australia and acquire minority interests in projects carried out with Clough in the country, apart from the engineering […]
South African engineering and mining contractor Murray & Roberts (M&R) has terminated the proposed sale of its Australian engineering subsidiary Clough to Italian multinational industrial group Webuild following a mutual agreement between the parties. Murray & Roberts has also decided to place Clough and its indirectly wholly owned Australian subsidiary Murray & Roberts Pty Ltd […]
Murray & Roberts, a South Africa-based engineering and mining contractor, has signed a sale and purchase pact to sell Clough Limited to an Italian industrial group Webuild for approximately A$350 million ($225.8 million). Clough is an Australia-based engineering and construction business, which has an order backlog and preferred bids of €4.8 billion and revenues of […]
Karratha urea project : Clough, an Australian engineering and construction company, and Italy-based Saipem in consortium have bagged a contract worth around $2.7bn from Perdaman Industries for developing a urea plant in Western Australia. The urea plant will be built on the Burrup Peninsula, northwest of Karratha, on the Western Australian coastline with an investment […]
Future Generation – a joint venture between Salini Impregilo and Clough, has bagged a contract worth AUD 5.1 billion (€ 3.228 billion) for the civil works and the electromechanical component of the Snowy 2.0 project, a 2GW pumped hydro project in New South Wales, Australia. Snowy 2.0 project contract The Snowy 2.0 project involves the […]