Category Industry Updates

HS2 contractor invests in upskilling Bucks residents ready for jobs on HS2

Buckinghamshire residents have been given a helping hand to launch a career in construction with HS2’s Aylesbury-based contractor, Blackwell Earthmoving Limited. HS2’s construction partner, Eiffage, Kier, Ferrovial Construction and BAM Nuttall (EKFB), appointed Blackwell Earthmoving to deliver the earthworks on a 30km…

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Turner Construction Company Recognized as Leading Construction Manager by Modern Healthcare Magazine

Turner Construction Company was ranked first on Modern Healthcare magazine’s list of construction managers. In 2022, Turner completed $3.7 billion in healthcare construction projects for 96 clients in 34 states. Randy Keiser, vice president, and general manager of Turner’s Healthcare group, said,…

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Keppel embarks on major reorganisation to fast-track transformation into a global alternative real asset manager and operator

Removes conglomerate structure, with creation of a simplified horizontally integrated model comprising Fund Management, Investment and Operating Platforms. Aims to build a nimble, efficient and tech-enabled company, better able to scale up quickly as a global asset manager with deep…

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ENETI INC. AND TRANSOCEAN LTD. ANNOUNCE INTENTION TO ENTER INTO JOINT VENTURE FOR OFFSHORE WIND FOUNDATION INSTALLATION

Eneti Inc. (NYSE: NETI) (“Eneti”) announced the execution of a non-binding memorandum of understanding indicating their intention to form a joint venture company with Transocean Ltd. (NYSE:RIG) (“Transocean”) that will engage in offshore wind foundation installation activities. Transocean has three…

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Fluor Signs MOU with Longview Fusion Energy Systems to Support Innovative Laser Fusion Power Commercialization

Fluor Corporation announced today that it has signed a memorandum of understanding (MOU) with Longview Fusion Energy Systems, Inc. to serve as its engineering and construction partner in designing and planning laser fusion energy for the global energy market. At full capacity, Longview’s…

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Fluor Joint Venture Awarded U.S. Department of Energy Hanford Integrated Tank Disposition Contract

Fluor Corporatio announced today that the U.S. Department of Energy (DOE) selected Hanford Tank Waste Operations & Closure, LLC (H2C) – a joint venture led by a subsidiary of BWX Technologies, Inc., with Fluor and Amentum – to execute the…

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Nepal’s Deputy Prime Minister and Chinese Ambassador to Nepal visit CSCEC-built projects in Nepal

Recently, Nepal’s Deputy Prime Minister and Minister of Home Affairs Narayan Kaji Shrestha,, and Chinese Ambassador to Nepal Chen Song, accompanied by Xie Yu, Economic and Commercial Counselor of China’s Embassy in Nepal, and Nepal’s Ministry of Physical Infrastructure and…

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BAM re-appointed as Environment Agency’s Collaborative Delivery Framework continues

The Environment Agency has confirmed that its successful Collaborative Delivery Framework (CDF) has been extended to 2027. BAM has been re-appointed as a key partner. Launched in 2019, the CDF formed new supplier arrangements and partnerships to increase efficiency, generate…

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