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24.07.2020 (717 Clicks)

Fugro completes Phase 1 of Site Investigation Contract for Qatargas North Field

Fugro has completed the first phase of their multidisciplinary offshore site investigation for Qatargas’ North Field Production Sustainability’s Compression Phase.

24.07.2020 (781 Clicks)

Skanska publishes six Month fincancial Report, January–June 2020

January-June 2020 compared to January-June 2019

24.07.2020 (675 Clicks)

Costain Driving Industry Innovation as strategic Partner in UK Government’s new Living Lab Programme

Digital connectivity and data in transportation infrastructure

As part of driving digital transformation and innovation at pace across the infrastructure sector, Costain is proud to be a strategic technology partner for a new programme designed to drive innovation across major transport infrastructure projects in the UK launched recently by Minister of State, Andrew Stephenson for the Department for Transport.

The ‘Transport Infrastructure Efficiency Strategy Living Lab’ (TIES Living Lab) is a transformative collaboration aimed at harnessing the vast quantities of intelligence that UK infrastructure projects generate. This ground-breaking programme, in which organisations share information and demonstrate best practice, could revolutionise the way this country approaches major transport projects. Leveraging its experience as an integration delivery partner and digital technology expertise, Costain is the technology partner responsible for driving the delivery and implementation of digital technology solutions to achieve early benefits.

As an example, infrastructure schemes generate vast amounts of intelligence that could be applied to other projects to improve their efficiency. The Living Lab provides a means of harnessing this collective information so that we can explore, analyse and learn lessons from it for the future. Costain is leading a key data integration programme that will bring the data and insights together into a single platform, amalgamating thousands of data sources to drive performance across Government.

Over the next two years the partnership will invest more than £16 million in new tools, processes and data systems - bringing together infrastructure and industry leaders with business and academic institutions to build on, and establish, best practice in the way we design, build and integrate innovations within transport assets.

In his keynote address, Minister of State Andrew Stephenson said: “As we begin our green recovery from the coronavirus pandemic, the need to level-up our country and boost economic prosperity has only increased – and we are determined that we don’t just rebuild, we rebuild smarter.

“The Living Lab is a great opportunity for industry and academics to work together to embrace new, more productive, more efficient and more sustainable ways of delivering transport infrastructure.”

Source: Costain

                     

23.07.2020 (731 Clicks)

Cimic's UGL secures new Maintenance Services Contracts

UGL, a Cimic Group company, has secured new contracts and extensions for maintenance and turnaround services contracts in Queensland, Western Australia and Victoria.

23.07.2020 (615 Clicks)

Sika defies Coronavirus Crisis with Growth in local Currencies

• Sales growth of 2.9% in local currencies to CHF 3,614.6 million (–3.2% in CHF)
• High negative currency effect of –6.1% (impact of minus CHF 225 million in sales and CHF 29 million in EBIT)
• Maintained high EBITDA margin of over 16% (currency adjusted absolute EBITDA was flat)
• Operating profit (EBIT) at CHF 410.2 million (–14.8%)
• Increased operating free cash flow amounting to CHF 254.7 million (+41.7%)
• Closing of acquisition of Adeplast (Romania), takeover of Modern Waterproofing Group (Egypt), and buildup of a new factory in Barranquilla (Colombia)
• Outlook for the second half of the year: Sika is expecting more favorable market conditions. With the anticipated improvement in sales volumes, the company expects an over-proportional EBIT increase for the second half of the year
• Confirmation of 2023 strategic targets for sustainable, profitable growth

22.07.2020 (776 Clicks)

ITA-AITES WTC 2020 in Malaysia goes digital

ITA and IEM hereby jointly announce that WTC2020 in Kuala Lumpur, Malaysia scheduled from 11th to 17th September 2020 will be moved to a fully digital platform due to the impacts of COVID-19, including border restrictions and health risks associated with international travel and the assembly of large meetings.

22.07.2020 (735 Clicks)

REMAREP ULTRA 10: The Industry's Fastest Belt Repair

Repair in record time: With the new 2-component repair compound REMAREP ULTRA 10, the repair time for minor damage to conveyor belts or elastomer components is considerably reduced. This new product innovation repairs every conveyor belt in a quality comparable to the original material.

22.07.2020 (779 Clicks)

Boliden’s second quarter: Stable production and rescheduled maintenance shutdowns

Revenues for the second quarter were SEK 13,391 m (12,747), with an operating profit, excluding revaluation of process inventory, of SEK 1,634 m (1,631). Free cash flow amounted to SEK 1,174 m (789).

21.07.2020 (641 Clicks)

Genoa's New Bridge towards Completion of Project: Start of Load Tests with 56 Trucks, 2,500 Tonnes

Load tests have begun on Genoa’s new bridge following the near completion of the structure in a record 13 months by Webuild and Fincantieri. The tests, conducted by state motorways entity Anas and Rina, began with 16 lorries driving along the bridge during what is called phase zero of a preliminary assessment.

21.07.2020 (749 Clicks)

RWE chooses State-of-the-Art electrical Transmission System for its 1.4 GW Sofia Offshore Wind Farm

• World’s number 2 in offshore wind further strengthens its renewables business in the UK
• GE Renewable Energy’s Grid Solutions and Sembcorp Marine chosen as preferred suppliers for the project’s high voltage direct current transmission system
• Offshore construction works expected to start in 2023 / More than 50 % of the system components will be manufactured in local UK facilities