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11.03.2019 (2867 Clicks)

Van Oord and BAM International complete state-of-the-art Container Terminal in Costa Rica

A consortium of Van Oord and BAM International completed the construction of the APM Terminals Moín in Costa Rica. The inauguration of the container terminal will enable products to be shipped on transatlantic routes to European and Asian markets without transshipment.

11.03.2019 (3419 Clicks)

Fugro to apply specialist Geodata Services in a Return to Hollandse Kust (west) Wind Farm Development

Fugro has been awarded a further substantial marine site characterisation project off the Dutch Coast.

11.03.2019 (3102 Clicks)

Bechtel to expand Teck's Quebrada Blanca Copper Mine in Chile

Bechtel, a global leader in engineering, procurement and construction, has received approval from Teck to proceed with the expansion of the Quebrada Blanca copper mine in Chile, comprising a 143,000 tonnes-per-day copper concentrator, a high-capacity desalination plant, and a 165-kilometer water supply pipeline.

11.03.2019 (2837 Clicks)

BP awards Contracts to BHGE & McDermott for Greater Tortue Ahmeyim Natural Gas Project

• BP awards BHGE and McDermott SURF and SPS equipment orders for Greater Tortue Ahmeyim (GTA) natural gas project
• The companies are working together to realize efficiencies, drive project synergies and enhance delivery times

11.03.2019 (3441 Clicks)

Management Appointment at BAM International

The Executive Board of Royal BAM Group nv has appointed Mr E. van Zuthem as director of BAM International bv, effective 1 April 2019.

11.03.2019 (3181 Clicks)

Salini Impregilo and Fincantieri ready to start Bridge Construction in Genoa in Italy 10 Days early

“We are ready with Fincantieri to start work on the underpinnings of the bridge 10 days ahead of the scheduled March 31 date because Genoa must return to work again, offering a future to all those workers who can find a job on work sites dedicated to the construction of infrastructure.

09.03.2019 (2824 Clicks)

QRC welcomes Rio Tinto’s Amrun Achievement

The Queensland Resources Council (QRC) has welcomed the completion of Rio Tinto’s $2.6 billion Amrun bauxite mine project on the Cape York Peninsula in Far North Queensland.

09.03.2019 (3637 Clicks)

Cimic's Thiess secures Melak Contract Extension

Cimic Group’s global mining services provider, Thiess, has secured a A$172 million contract extension from Bayan Resources to expand operations at Melak in East Kalimantan, Indonesia.

09.03.2019 (2924 Clicks)

Record Queensland Export Value on the Back of Resources

Queensland’s exports have surged to a new record of $82.8 billion – the third record month in a row – on the back of another increase in the value of coal and minerals.

06.03.2019 (3179 Clicks)

Costain announces new CEO

Costain announces that Andrew Wyllie CBE, after 14 years as CEO of the Company, is retiring in order to pursue a non-executive career. He recently took up the presidency of the Institution of Civil Engineers and is a non-executive director of Yorkshire Water Services. Alex Vaughan, currently managing director of the Group’s natural resources division, will be appointed as CEO with effect from the conclusion of the Company’s AGM on 7 May 2019. The appointment of Alex is in accordance with the Board’s succession plan which included an extensive internal and external search process.

Alex joined Costain in 1992, was appointed to the executive Board in 2006 and has played a leading role in Costain’s transformation into a smart infrastructure solutions business through his leadership of the development and growth of the Group’s consultancy and technology services. In his current role, Alex has delivered significant growth in profit and margin in the natural resources division.

He is a qualified chartered quantity surveyor, has worked on infrastructure projects in the UK and internationally and, additionally at Costain, has held various corporate roles across HR, strategy, M&A and corporate development.

In order to effect an orderly handover, Andrew will remain as CEO and on the Board until 7 May 2019 and will remain an employee of the Company until 6 September 2019.

Dr Paul Golby CBE, chair commented: “I would like to thank Andrew for everything that he has done for the business and to wish him and his family well for the future. Andrew can feel extremely proud of what he has achieved at Costain. He leaves the Group in good health, the result of the growth strategy which he and his colleagues have been implementing for the last fourteen years. We are delighted that Alex will be taking over. He has played a major role in the development of the Group and the implementation of its strategy, and has the expertise and ambition to deliver the future growth of the business.”

Andrew Wyllie CBE, commented: “I have thoroughly enjoyed the past fourteen years and would like to thank my colleagues for their support and commitment. Costain is a great business with a great future ahead of it.”

Alex Vaughan commented: “I am delighted to have been appointed CEO and very much look forward to leading the business and continuing our strategy as we enter a new era of opportunity for Costain.”

Source: Costain