Clough acquires Ocean Flow

Clough has acquired Ocean Flow, a subsea engineering and construction management company specializing in deepwater facilities.

Offshore staff

PERTH, Australia – Clough has acquired Ocean Flow, a subsea engineering and construction management company specializing in deepwater facilities. The Houston-based company will retain its trading name and existing management team, Clough says.

“This small acquisition gives Clough a foothold in the oil and gas capital of the world [Houston] and strengthens our subsea engineering and construction capability,” says John Smith, Clough’s CEO. “We look forward to working with the existing management team of Ocean Flow to grow the business.”

08/17/2009

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