Common Contracts
1 similar Epc Contract contracts
Clough and Saipem signed a new EPC contract for Perdaman Urea Plant in Australia worth around 2.7 billion USDEpc Contract • May 26th, 2022
The agreement replaces the one previously announced on 30 December 2020 - which was removed from Saipem’s backlog at the end of March 2022 - and reflects the changed market scenario which has developed globally in recent months. The new contract value is around 2.7 billion USD (share of each JV participant 1.35 billion USD) with further risk and reward provisions to provide flexibility to manage any potential further deterioration in market conditions.
