A Saipem and Clough joint venture has entered into an agreement with Perdaman Industries for developing a urea plant in Western Australia. With an expected capacity of producing 2.14 million tons of urea annually, the plant will make use of Saipem’s Snamprogetti Urea technology.
San Donato Milanese/Italy – Clough and Saipem, in an equally shared (50/50) joint venture, have reached a new agreement with the client Perdaman Industries for the development of Perdaman Industries urea plant on the Burrup Peninsula, northwest of Karratha, on the coastline of Western Australia.
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 dollars (share of each JV participant 1.35 billion dollars) with further risk and reward provisions to provide flexibility to manage any potential further deterioration in market conditions.
Stay up to Date
Do you want the latest news, specialist articles and information on new products? Then you can register for our free newsletter:
The contract effectiveness is subject to a Full Notice to Proceed to be issued by Perdaman Industries upon, among others, the closing of the Project Financing.
The scope of work includes engineering, procurement of equipment and materials, construction, pre-commissioning and commissioning (EPC) for the execution of a latest-generation fertilizers plant with a capacity of 2.14 million tons of urea per year.
The Saipem-Clough Joint Venture will collaborate with Haldor Topsoe and use its Syncor technology to build the world’s largest single-line ammonia plant, while Saipem proprietary Snamprogetti Urea technology will be used for the urea production.
Stand vom 23.03.2021
Consent to the use of data for promotional purposes
I hereby consent to Vogel Communications Group GmbH & Co. KG, Max-Planckstr. 7-9, 97082 Würzburg including any affiliated companies according to §§ 15 et seq. AktG (hereafter: Vogel Communications Group) using my e-mail address to send editorial newsletters. A list of all affiliated companies can be found here
Newsletter content may include all products and services of any companies mentioned above, including for example specialist journals and books, events and fairs as well as event-related products and services, print and digital media offers and services such as additional (editorial) newsletters, raffles, lead campaigns, market research both online and offline, specialist webportals and e-learning offers. In case my personal telephone number has also been collected, it may be used for offers of aforementioned products, for services of the companies mentioned above, and market research purposes.
In case I access protected data on Internet portals of Vogel Communications Group including any affiliated companies according to §§ 15 et seq. AktG, I need to provide further data in order to register for the access to such content. In return for this free access to editorial content, my data may be used in accordance with this consent for the purposes stated here.
Right of revocation
I understand that I can revoke my consent at will. My revocation does not change the lawfulness of data processing that was conducted based on my consent leading up to my revocation. One option to declare my revocation is to use the contact form found at https://support.vogel.de. In case I no longer wish to receive certain newsletters, I have subscribed to, I can also click on the unsubscribe link included at the end of a newsletter. Further information regarding my right of revocation and the implementation of it as well as the consequences of my revocation can be found in the data protection declaration, section editorial newsletter.