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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.
Perdaman Industries signed a binding Heads of Agreement with a 50/50 joint venture between Clough and Saipem for the engineering, procurement and construction of a $4.5 billion urea plant in Karratha, Western Australia. The plant will produce 2 million tpy of urea and create 200 permanent jobs.