In Bangalore, India, an EPC contractor is wrapping up a 13-month-long project to build a $112-million, 10-story, 621,000-sq-ft office building for an undisclosed client.
After acquiring Amec Foster Wheeler in a $2.6-billion deal earlier this year, Wood Group plc has set a strategy to get some of the debt from the acquisition off its balance sheet, says CFO David Kemp.
Managers of a 90%-complete, 646-bed hospital in Liverpool will take charge of the project after unravelling a public-private partnership with the contractor Carillion Plc, which collapsed ignominiously in January.