Second Massachusetts project, SouthCoast Wind, files to terminate project power agreement, and could face up to a $60-million fine, while developers in New York and New Jersey seek contract cost adjustments
In three-year delay, companies cite “changing market conditions and subsequent high cost inflation” for drilling project after FEED contract award in April to engineers KBR and Hatch.
HOK Sports + Recreation + Entertainment is architect for the stadium, estimated to cost at least $1.4B, with Barton Malow and AECOM Hunt named to manage preconstruction.
Lane-Webuild JV breached its contract, says South Florida Water Management District in a May 30 court filing that seeks to recover claimed additional costs from project delays.
Chris Ashton, CEO of Australia-based engineer-builder, sees growth in 'sustainability projects' in sale of North America maintainance unit gained from Jacobs, but firm also posts traditional oil and gas project wins from major players.
To meet demand for industry transformation in fast-changing markets, women are moving quickly to innovate in leadership and in diversity and inclusion impact.
After years of battle, firm that managed remediation of 2008 TVA power plant coal ash site breach in Tennessee sending waste over 300 acres and costing about $1 billion, agrees to undisclosed monetary deal with up to 200 workers who had sought many millions.
The utility-scale projects—the 800-MW, estimated $3-billion Vineyard Wind project off Massachusetts and the 132-MW, estimated $637-million South Fork project off New York—could begin to generate power this year, their developers say.