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Under the contract scope, the company will provide services for a subsea production system and associated infrastructure

Construction of Rome’s automated Metro C transit line reached a milestone in late December, with the opening of a 2-mile underground extension from the system’s temporary terminus at San Giovanni into the city center.

Construction activity is beginning to steady in many parts of the world, with costs not rising as fast as in recent years.

With economic uncertainty and a construction industry largely propped up by a few key sectors, the used equipment market has shown a softening of prices in recent months expected to continue into the new year.

While 2025 may be coming to a close, economic uncertainty is expected to continue as concerns linger within the construction industry as well as on the health of the overall economy.

Data center construction continues to rise, accounting for a large amount of work in the past year.

ENR’s Construction Industry Confidence Index rose four points between Q3 and Q4, to a slightly optimistic 52 rating. The economic index also rose four points, to a 48 rating.

Under terms of the acquisition from Conti Group, expected to close in early 2026, Tenna will operate as a separate unit

Lawsuit targets planning and contracting records for the White House ballroom as construction moves forward under legal and preservation scrutiny.

State-owned QatarEnergy aims project to tap new sites in country's giant North Field offshore gas area, with Saipem five-year contract valued at $3.1B