Britain said that any attempt by Argentina to seize the assets of oil drillers operating in the Falkand Islands would be unlawful after Buenos Aires said it would pursue a local judge’s order against six firms. A federal judge in Tierra del Fuego ordered the seizure of $156 million in bank accounts, boats and other...

A joint venture between Italian construction group Astaldi and Turkish firm Türkeler has announced that it has won a deal to build and operate one of the largest healthcare facilities in the world. The $980m contract is for the Etlik Integrated Health Campus in Ankara, Turkey, and the total investment amounts to $1.2bn Astaldi’s contract...

Air Liquide, a supplier of industrial gases and services to major industries, has announced the start-up of its global-scale hydrogen production site in Yanbu on the West coast of the Saudi Arabia. Announced in 2010, this investment of more than €350 million ($394 million) represents both the largest industrial investment and largest “over the fence”1...

Royal Boskalis Westminster N.V. (Boskalis) has been awarded three dredging-related contracts on the African subcontinent with a combined value of approximately EUR 75 million. In Angola, Boskalis has been awarded a contract by Angola LNG Ltd. for dredging activities related to maintaining the access channel and turning basins of the Soyo LNG port. The project...

Limak Construction in Turkey has won  the tender to build an airport in the Russian city of Rostov, which is one of the host cities of the 2018 World Cup, according to a statement by the company. Limak has said that it would build the facility in a joint venture with a Russian partner, Marashstroy....

Wood Group enters $250m agreement for operating services on Central Area Transmission System Wood Group has entered into a $250million agreement with Antin Infrastructure Partners (Antin IP) to provide operating services for the Central Area Transmission System (also known as CATS) in the North Sea for up to 10 years, subject to certain regulatory and...

France and Saudi Arabia have reached an agreement on conducting feasibility studies to build two flagship Areva-designed nuclear reactors as the two allies firm up business ties amid tensions across the region. The countries set up a joint committee in May to finalise some 20 projects across sectors ranging from defence to transport infrastructure and...

Employment in New Zealand increased 0.7% in the first quarter of 2015 – 3.3% over the year – with a knock-on effect in the migration figures. Figures released in the country’s Ministry of Business, Innovation & Employment’s May 2015 quarterly labour market report show that around a third of the annual growth in employment came...

Larsen & Toubro announced that it has won orders worth Rs 1,507 crore across various business verticals. “L&T’s Metallurgical and Material Handling (L&T-MMH) business has secured new orders worth Rs 1,507 crore across various verticals,” the engineering and construction major said in a statement. The company said L&T-MMH has won an EPC order from Emirates Global...

SSH Qatar has been awarded the professional design services for a new luxury retail complex The South Mall, by E’EMAR Development & Real Estate investment. They won the contract following the submission of a concept design in competition against other local and international firms to provide multi-disciplinary design services for the new mall located in...

The city of Tampere in Finland has appointed a consortium of Poyry, VR Track and YIT to develop and build a €250m light rail project. The Tralli consortium will implement the new line under an alliance model, whereby the client, engineers and contractors will work jointly in the execution. The light rail system will be...

Laing O’Rourke along with Parsons Brinckerhoff has signed a contract to deliver the final 155km section of the Pacific Highway upgrade in Australia.  The new stretch will connect to the Sapphire to Woolgoolga section The Woolgoolga to Ballina upgrade is the final link in the highway duplication to create a four-lane dual carriageway running all...