Stout served as the financial advisor to Clough Ltd. in connection with its acquisition of Saulsbury Industries, Inc.’s (Saulsbury) Gulf Coast downstream and chemical business unit, as well as Saulsbury’s Gulf Coast Engineering, Procurement & Construction (EPC) portfolio.
Clough Ltd. provides engineering, procurement, construction, commissioning, and asset support services for oil and gas, metals and minerals, and infrastructure projects in Australia, Asia, Africa, Papua New Guinea, the United Kingdom, and North America. It offers services for upstream, downstream, onshore, and offshore oil and gas, coal seam gas, and petrochemical facilities. In addition, it offers services for public and private infrastructure projects, including water and wastewater, power, roads and bridges, and marine. The company was founded in 1919 and is headquartered in West Perth, Australia. Clough is a subsidiary of Murray & Roberts Holdings Ltd. (JSE: MUR).