# Clough-Saipem JV awarded $2.4B EPC contract for Perdaman urea plant

Clough in a 50/50 joint venture with Saipem has been awarded the EPC contract for Perdaman Industries' urea plant on the Burrup Peninsula, Western Australia. The contract is valued at approximately USD 2.4 billion, with Clough's share at USD 1.2 billion.

- Type: Contract
- Announced: 2020-12-30
- Where: Burrup Peninsula, near Karratha, Western Australia, Australia
- Value: $2.40B
- Jobs: 2,000
- Status: announced
- Capacity: 2.14 million tonnes of urea per annum
- Products: urea
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Clough](https://endata.com/companies/17505.md)
- [Saipem](https://endata.com/companies/1847.md) (partner)
- [Perdaman Industries](https://endata.com/companies/48284.md) (customer)

## Sources

- [cloughgroup.com](https://www.cloughgroup.com/news/clough-in-jv-with-saipem-has-been-awarded-the-epc-contract-of-perdaman%E2%80%99s-urea-plant-in-karratha), 2020-12-30: "The overall value of the contract is around USD$2.4B and Clough's share is approximately USD$1.2B."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
