As part of the Netflix project, Mark L. Smith will adapt the screenplay from the famous sci-fi thriller, Variety reported.
Clooney and Smokehouse Pictures' Grant Heslov will produce the film.
"Grant and I couldn't be more excited to be involved with this incredible project. Mark is a writer we've long admired and his script is haunting. We're thrilled to be working with our friends at Netflix as well," said Clooney while talking about his upcoming project.
The two-time Oscar winner Hollywood star recently worked as the executive producer on Hulu's Catch-22 starring Christopher Abbott. The 'Syriana' star appeared in three episodes of the show.