- Clough Limited
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Clough Limited Type Public (Listed ASX:CLO) Industry Engineering, construction and asset support contractor primarily to the upstream Oil & Gas industry Founded 1919, Perth, Western Australia Headquarters Perth, Western Australia, Australia Area served Worldwide Key people Mr John Smith (CEO, Mng. Director); Mr Roger W Rees (Deputy Chairman, Non Exec. Director) Revenue $1.01 billion AUD (2010/11) Net income 
$47.2 million AUD (2010/11)Employees 2000+ (2011) Website www.clough.com.au Clough Limited (short name Clough) is an international public company based in Perth, Western Australia with projects in engineering, construction, operation and maintenance services, principally in the oil and gas industry. (ASX: CLO).
History
Established in 1919[1], as builders J. O. Clough and Son, in Perth, the company underwent significant growth and diversification from the 1950s through 1970s, with civil engineering and infrastructure contracts in Western Australia's Pilbara iron ore boom, undertaking its first oil-and-gas project at Barrow Island in 1965.[1]
During the 1970s and 1980s Clough pursued activities in the Middle East, Indonesia and Africa. Branch offices were established in Brisbane, Bangkok and Houston.[2] Acquisition of the Petrosea Group of Companies in 1984 (divested in 2009) was a basis for expansion in the South East Asian region. The company was listed on the Australian Stock Exchange in 1998 and the Clough family ceased to be shareholders in 2007.[1][3]
In October 2008, Clough sponsored construction of a First Year Centre for engineering students at the University of Western Australia,[4][5] which opened in 2010, supporting students "with a space to have as their base, to meet, work in groups, and also work on projects [from industry]".[6] It was recorded that former chairman and managing director Harold Clough had been a long-term benefactor of the university.[7]
Principal projects
- Project management services in Saudi Arabia.[8]
- Clough/AMEC joint venture for Woodside Energy oil assets in Australia and New Zealand (in association with the Beca Group)[9]
- Clough Curtain joint venture, involved inter alia with PNG LNG Upstream Infrastructure[10]
- Gorgon LNG Project Australia contracted by Chevron Australia (Kellogg Joint Venture)[8]
- Bayu-Undan Operations & Maintenance, Timor Sea[8][
References
- ^ a b c Historical timeline at Clough official website. Accessed 16 March 2011.
- ^ Company locations at Clough official website. Accessed 16 March 2011.
- ^ Harold Clough steps down Press release at Clough official website, 29 October 2007. Accessed 16 March 2011.
- ^ Clough to fund first year centre at UWA Press release at Clough official website. 29 October 2008. Accessed 16 March 2011.
- ^ Clough to fund first year centre at UWA Press release at UWA, 29 October 2008. Accessed 16 March 2011.
- ^ Szymakowski Y Focus on the Faculties: Engineering, Computing and Mathematics at UWA, February 2010. Accessed 16 March 2011.
- ^ The real value of philanthropy at UWA, 19 April 2010. Accessed 16 March 2011.
- ^ a b c Sundry Clough project descriptions at ConstructionSite.com.au
- ^ Clough AMEC announce JV with Beca New Zealand Press release, 14 March 2011 at Fortbridge.net (PR company)
- ^ Clough Curtain JV awarded $209m work order for PNG LNG project at Mineweb.com, 23 February 2011
Categories:- Companies listed on the Australian Securities Exchange
- Construction and civil engineering companies of Australia
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