The June 8 award to Jacobs Engineering of an engineer-procure-construct contract for the $5.3-billion next phase of the giant Oyo Togoi underground copper-and-gold mine in Mongolia gave industry-sector investors and analysts some hope that the sluggish mining sector might be rallying.
As a new federal rule takes effect in August to require employers to post injury and illness records electronically, lawmakers and construction-sector advocates on opposite sides squared off at a May 25 congressional hearing on the mandate’s approach to improved workplace safety.
As oil-and-gas markets struggle to recover, publicly owned construction industry firms with ties to the sector tried to paint the best possible outlook for investors at a June 2 conference, held in New York City by investment firm Credit Suisse.
The Saudi government has awarded Bechtel a five-year contract extension for project management services at the giant Jubail and Ras Al Khair industrial cities, the company announced on June 6.
In his 1970s design vision for a permanent parliament in Australia’s capital of Canberra, according to an online government history, architect Romaldo “Aldo” Giurgola said the structure could not be built on top of the hilltop site, “as this would symbolize government imposed upon the people.
Expecting to gain in an oil-services market that is showing signs of a recovery, sector engineering- construction giant Technip, Paris, and FMC Technologies, Houston, are set to merge next year to create an estimated $20-billion megafirm, the companies announced on May 19.