Turkey Ministry of Transport and Communications Planned third bridge across the Bosporus still awaits bids. Turkey Ministry of Transport and Communications Another Turkish bridge will be world's fourth-longest suspension crossing. Seeking to whet the weak appetite among contractors and banks for a $6-billion build-operate-transfer scheme to construct a third crossing over the Bosporus, Turkey's government has divided the project into two and rescheduled the bridge tender for April 5, 2012. Located to the north of Istanbul, the 1,275-meter-long suspension bridge and 90 kilometers of linking motorways are valued at around $2.6 billion. The remaining 340 km of connecting highways to
The U.S. and Mexican governments on Feb. 20 agreed to jointly develop, along the countries’ maritime border in the Gulf of Mexico, oil and gas reservoirs that could contain up to 172 million barrels of oil and 304 billion cu ft of natural gas, according to the Bureau of Ocean Energy Management, or BOEM.
From a plateau created by a rock cut made in 1984, when Brazil first started construction on the 1,405-MW Angra 3 nuclear powerplant unit, there is a commanding view of the jobsite where work has now resumed after more than a two-decade lapse.
Israeli Energy and Water Minister Uzi Landau has instructed the Israel Electric Corp. to advance a project that would connect the country to the European power grid by way of Cyprus and Greece. Officials of the state-owned power company are set to sign an agreement soon with DEI-Quantum Energy—an entity owned by Greece's largest utility, a Cypriot bank and private investors—for a feasibiilty study of the first 270-kilometer segment to connect with the Cyprus power network.
The development of big-ticket hydroelectric projects in Peru seems to be on a collision course with both Brazilian financial backers and indigenous groups, who object to being displaced and having their land despoiled.
Kenya and landlocked South Sudan have signed a $1.5-billion deal for the construction of a new 1,260-kilometer oil pipeline linking Juba and the Indian Ocean port town of Lamu, where the former country has launched a multibillion port expansion plan that includes an oil refinery with a capacity 120,000 barrels per day, or bpd.
Kenya's largest geothermal power project has broken ground, with Japan's Toyota Tsusho Corp. and South Korea's Hyundai Engineering serving as the prime contractor.
Although the leadership of the Chinese Communist Party will undergo a transition, national policies will continue to prioritize climate-change and environmental issues, with an unwavering focus on clean, efficient approaches to producing and consuming energy.
India’s leading real estate developer, a major U.S. builder and a London-based hedge fund have formed a joint venture to build integrated residential commercial projects worth $25 billion over the next 20 years throughout the emerging nation.The venture's key partners are India's Sahara Prime City Ltd., investment firm Acropolis Capital Group and Turner International, the international subsidiary of Turner Construction Co., New York City. With an initial investment of $100 million, the Mumbai-based company will operate under the name Sahara Turner Construction Ltd. Sahara Group holds a 63% stake.In its first five-year program, the venture says it will build new
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