Search results for: Clough

903 results

A list of search results

  • 23 August 2012

    Engineering and project services company Clough Limited announced statutory NPAT from continuing operations of $50.7 million for the year ended 30 June 2012. NPAT including discontinued activities increased by 29% to $42.9 million, reflecting a gain on the Marine Construction business sale, which was offset by a loss on legacy property holdings. The Board has […]

  • 6 April 2012

    Engineering and construction company Clough Limited announced that the Clough AMEC joint venture has been awarded a contract for the provision of maintenance support to the 1.3 billion cubic metre per year onshore gas treatment plant and the offshore unmanned wellhead platform for Eni’s Blacktip Project, supplying gas to the Northern Territory. The scope of […]

  • 8 August 2014

      Clough of Australia has acquired a 100% shareholding of CH-IV International. The acquisition will provide Clough with a platform to enter the North American LNG market, while providing resources to assist CH-IV to meet the growing demand for their services. Clough provides LNG engineering and project services in the Australian and Papua New Guinea market […]

  • 16 December 2010
    Project & Tenders

    Engineering and construction company Clough Limited, today announced that Chevron Australia has entered into a contract valued at approximately A$300 million with the Clough Sea Trucks Joint Venture (CSJV) for the Domestic Gas (DOMGAS) scope of work on the Gorgon Project. CSJV is a joint venture between Clough and Sea Trucks Australia established for the […]

  • 1 April 2014
    Business & Finance

    Clough Limited, an engineering and project services contractor, has expanded its global footprint with the opening of an operating center in Glasgow, Scotland. The center will support Clough’s engineering-led international expansion into the Europe, Middle East and Africa region while delivering 24-hour support to projects in Australasia. Clough Chief Executive Officer and Managing Director, Kevin Gallagher, said the […]

  • 12 October 2015

    LNG engineer Clough revealed the acquisition of Enercore Projects, a privately owned engineering services company headquartered in Calgary, Canada.

  • 8 August 2011
    Business & Finance

    Clough Limited today announced that it has agreed to sell its offshore Marine Construction Division to SapuraCrest Petroleum Berhad (SapuraCrest), a company listed on the Malaysian stock exchange, for gross proceeds of approximately AUD127m in cash. The companies have entered into a conditional Master Sale and Purchase Agreement with certain conditions precedent. Clough’s offshore Marine […]

  • 28 January 2016
    Business & Finance

    Clough announced on Thursday that Daewoo Shipbuilding & Marine Engineering (DSME) has awarded a contract for the hook-up services on the Ichthys LNG Project Floating, Production, Storage and Offloading (FPSO) vessel. The Ichthys FPSO is a 336 metre long, permanently moored and weather-vaning vessel designed to hold more than one million barrels of condensate. This […]

  • 22 December 2011
    Business & Finance

    Engineering and construction company Clough Limited  today announced that it has completed the sale of its Marine Construction business to SapuraCrest Petroleum Berhad for gross proceeds of approximately AUD 127 million and on the terms agreed and announced on August 8. Clough’s offshore Marine Construction Division includes the derrick lay barge, Java Constructor, and associated […]

  • 21 August 2013

    Engineering and project services company Clough Limited today announced record financial results reporting NPAT from continuing operations of $73.9 million for the full year ended  30 June 2013, a 111% increase on the prior corresponding reporting period. Total revenue was $1.51 billion, up 50%, and EBIT was $90.7 million, up 144%. EBIT margin increased to […]

  • 3 February 2011
    Business & Finance, Equipment

      Engineering and construction company Clough Limited confirms details of an offshore contract, awarded in December and referred to via an announcement made by the Company on 20 December 2010. Clough and partner PT Advanced Offshore Services have been awarded a contract by ConocoPhillips for remedial work located in the Natuna Sea, Indonesia. The scope […]

  • 27 January 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Clough has been awarded a contract by Samsung Heavy Industries (SHI) for hook-up services on the Ichthys LNG Project Central Processing Facility (CPF). The Ichthys CPF will become the world’s largest semi-submersible platform with a topsides weight of 70,000 tonnes. The scope of work includes the preparation and execution of offshore hook-up activities and assistance to […]

  • 5 October 2010
    Project & Tenders

    Engineering and construction company Clough Limited today announced that the BAM Clough Joint Venture has received an additional Letter of Intent from Chiyoda JGC Joint Venture for the fabrication and construction of the topsides for the PNG LNG condensate offloading jetty. The second contract is valued at approximately US$53 million, bringing the total value of […]

  • 18 November 2013
    Business & Finance

    Clough Limited (ASX:CLO) announced that the proposal by Murray & Roberts to acquire all of the outstanding shares in Clough that it does not already own (“Proposed Acquisition”), was approved by the requisite majority of Clough shareholders, at the General and Scheme Meetings, held in Perth. This result satisfies two of the final conditions to […]

  • 23 June 2011
    Business & Finance

      Engineering and construction company Clough Limited today announced Kevin Gallagher will be appointed to succeed John Smith as Chief Executive Officer of Clough. Mr Gallagher will take up his appointment with Clough towards the end of August. Mr Gallagher brings 20 years experience in oil and gas operations, including 13 years experience with Woodside […]

  • 16 December 2010
    Business & Finance

    Engineering and construction company Clough Limited , today announced that Chevron Australia has entered into a contract valued at approximately A$300 million with the Clough Sea Trucks Joint Venture (CSJV) for the Domestic Gas (DOMGAS) scope of work on the Gorgon Project. CSJV is a joint venture between Clough and Sea Trucks Australia established for […]

  • 18 November 2013

    Clough Limited announced that the proposal by Murray & Roberts to acquire all of the outstanding shares in Clough that it does not already own, was approved by the requisite majority of Clough shareholders, at the General and Scheme Meetings, held on Friday in Perth. This result satisfies two of the final conditions to implementation […]

  • 23 June 2011

    Engineering and construction company Clough Limited today announced Kevin Gallagher will be appointed to succeed John Smith as Chief Executive Officer of Clough. Mr Gallagher will take up his appointment with Clough towards the end of August. Mr Gallagher brings 20 years experience in oil and gas operations, including 13 years experience with Woodside Energy, […]

  • 21 August 2013
    Business & Finance

    Engineering and project services company Clough Limited today announced record financial results reporting NPAT from continuing operations of $73.9 million for the full year ended 30 June 2013, a 111% increase on the prior corresponding reporting period. Total revenue was $1.51 billion, up 50%, and EBIT was $90.7 million, up 144%. EBIT margin increased to […]

  • 22 December 2010
    Business & Finance

    The Chairman of Clough Limited, Mr Keith Spence(Top row; 1st right to left), announced today that Chief Executive Officer, Mr John Smith, has advised the Board that he will be retiring from Clough around the fourth anniversary of his tenure, in August 2011. Clough has commenced an internal and external search for the company’s next […]

  • 27 January 2016
    Business & Finance

    Clough announced on Wednesday that Samsung Heavy Industries Co. Ltd. (SHI) has awarded a contract for hook-up services on the Ichthys LNG Project Central Processing Facility (CPF). The Ichthys CPF will become the world’s largest semi-submersible platform with a topsides weight of 70,000 tonnes. According to the company, the scope of work includes the preparation […]

  • 18 February 2013

    Engineering and project services company Clough Limited announced statutory NPAT from continuing operations of $43.2 million for the half year ended 31 December 2012, a 139% increase on the prior half year. NPAT including discontinued operations increased by 270% to $43.2 million benefiting from the growth in earnings from continued operations and a break even […]