Murray & Roberts (M&R) subsidiary Clough will acquire Houston-based engineering, procurement and construction (EPC) contractor Saulsbury’s Gulf Coast downstream and chemical business unit, as well as its EPC portfolio, for $5.2-million. In the statement issued on Tuesday, M&R CE Henry Laas commented that the acquisition of a US-based EPC contractor in the oil and gas sector would enable its oil and gas platform to deliver projects to a rapidly growing market.
