Clough offloads marine business

CLOUGH is exiting the marine construction business after it signed a deal to sell its offshore marine construction division to Malaysia's SapuraCrest Petroleum for $127 million.

Clough offloads marine business Clough offloads marine business Clough offloads marine business Clough offloads marine business Clough offloads marine business

The sale comes after the company signalled early last month it was in talks with the Malaysian services provider regarding a potential sale or other deal for the marine construction division.

loader

Most read Region