Clough and its joint venture partner BAM International have won a $400 million engineering and construction contract on Chevron's Wheatstone liquefied natural gas (LNG) project.
The Downer Clough joint venture has won a $200 million engineering, procurement and construction (EPC) contract with Wesfarmers subsidiary CSBP, which today announced the formal go-ahead for a $550
Clough announced today it anticipates underlying earnings for the current half year will be lower than analysts expectations, following cost overruns and lowered margins.
THREE trends stand out when the salary packages of newly appointed chief executives at Western Australian companies are examined.First,the bigger the company the higher the salary.
The joint venture set up by engineering and construction companies Forge Group and Clough has won its first contract, to work on the port facilities for Hancock Prospecting's Roy Hil
South African engineering player Murray & Roberts has quantified the financial hit it has taken from the Gorgon LNG project, revealing more than $77 million in costs to complete a marine projec
Engineering contractor Clough has announced its joint venture with France's DORIS has won a $250 million deal to provide support services for the Ichthys LNG project, in the Browse Basin off the co
Engineering company Clough has announced the sale of its marine construction business to Malaysia's SapuraCrest Petroleum Berhad, for gross proceeds of $127 million in cash.
Engineering and construction group Clough has announced that its joint venture with pipeline construction specialists STREICHER Group has won a $45 million contract for work on BHP Billiton's $US1.5 billion Macedon gas project.
Clough Engineering's old base at 251 St Georges Terrace is up for sale, with Jones Lang La Salle and Burgess Rawson jointly appointed to manage the transaction.
Engineering and construction firm Forge Group is searching for a new managing director, after its current boss, Peter Hutchinson, stepped down in a move he says will drive the company's next phase of growth.
Engineering and construction group Clough says it expects significant growth over the next financial year on the back of rapid expansion of its marine construction order book, after reporting a $10.9 million dip in profits.
Engineering and construction company Clough will provide offshore installation support for a Chinese firm after receiving a letter of intent from the company.
Engineering services provider Clough has announced it has been awarded a contract by a "major international operator" for remedial work offshore in Indonesia.
Engineering and construction company Clough have set up a coal seam gas division with Mel Whyte at the helm, as part of its strategy to better penetrate the energy sector.
Three of Forge Group’s directors have made good on their commitment to sell part of their shareholding to engineering company Clough, which recently declared its proportional takeover bid final.
The independent directors of Forge Group have recommended shareholders to not accept a proportional takeover offer by Clough, although the executive directors will stick to their previous commitment and accept the offer.
Forge Group shareholders have today approved a placement to fellow engineering and construction company Clough despite the late emergence of a competing proposal that was pitched at a higher share price.
Clough's push to become a major player in the oil and gas services sector has ramped up after it announced today it was set to take a controlling stake in Forge Group for up to $98 million.
Engineering and construction company Clough says it expects its second-half earnings to be lower than the first-half, as it today booked a lift in interim net profit to $25.3 million.
Perth-based engineering firm Clough has bolstered its oil and gas focus with a 51 per cent investment in a new global subsea and marine engineering firm, Peritus International.
Clough's long-running battle over the G1 project in India has drawn to a close with the Perth-based engineering company receiving a $US32 million ($A35 million) payment.
THE global financial crisis had a marked impact on Western Australia's engineering contractors during the year as the slowdown forced resources companies to scale back and defer numerous new developments and expansions.
Rejuvenated engineering contractor Clough is looking to the flood of emerging LNG developments and potential consolidation of niche local service providers as the platform for continued growth over the coming years.
Perth-based engineering and construction company Clough has acquired Houston-based subsea engineering firm Ocean Flow International LLC, giving Clough a foothold in the oil and gas capital of the world.
Clough says it will ramp up its position in the oil and gas sector after it agreed to sell its majority stake in Indonesian subsidiary PT Petrosea Tbk for $129 million.
Staff numbers at the Western Australian arm of engineering contractor Clough will be cut by around 45 as part of restructure plans to ensure operational effectiveness.
Clough Ltd has signed a $56 million agreement with Superior Energy Services Inc to charter the newly built Rem Clough and provide associated subsea services.
Analysts at brokerage Hartleys have downgraded its recommendation for Perth-based engineering firm Clough Ltd, saying the stock had one too many risks.
Engineering company Clough Ltd could take a $23 million hit after its Indonesian subsidiary disclosed that it had been forced to suspend work on a coal mine project, which is currently seeking to raise additional capital needed for completion.
Perth-headquartered Clough Ltd has been awarded a services contract by Chevron Australia Pty Ltd to support oil production facilities at the Barrow and Thevenard Islands located off the coast of Onslow.
Engineering firm Clough Ltd has secured a further $20 million in work for its vessel, Normand Clipper in the Gulf of Mexico for Apache Corporation and Oceaneering International.
The Federal Court of Australia has dismissed engineering company Clough Ltd's appeal against an earlier decision to lift an interim injunction over the disputed G1 project in India with client ONGC.
Engineering and construction company Clough Ltd has today been awarded a contract by Apache Energy valued at circa $200m for the installation of the Reindeer Gas Field Development offshore facilities.
