Australia's engineering firm Clough Ltd. has acquired Enercore Projects Ltd., a privately owned engineering services company headquartered in Calgary, Canada.
Enercore specializes in the provision of engineering, procurement, and construction management (EPCM) services to the Canadian oil and gas sector. Established in 2006, the group operates in the Canadian conventional oil and gas and oil sands sectors.
The acquisition is valued at $7.7 million (CAD 10 million) and will see the new group co-branded “Clough Enercore,” and established as Clough’s Canadian engineering, procurement, and construction (EPC) project delivery arm. Clough Enercore will form part of Clough’s global network of engineering centers which draw on 3D design, cloud-based technology, and more than 1,000 in-house engineers, including local engineering teams in Canada and the US.
The acquisition builds on Clough’s North American presence, which began in the US in 2014 with the establishment of a Clough engineering team in Houston, Texas, and the acquisition of liquefied natural gas (LNG) engineering and consulting specialist CH-IV in Baltimore, Maryland.