Antelope Reef is a small, teardrop-shaped island in the north-western corner of the South China Sea and, until recently, almost entirely underwater. But this year it has undergone a dramatic transformation. Millions of tonnes of sand have been dredged from the sea bed to create solid land. From being only a turquoise speck on the… Read More
HOUSTON, June 3, 2026 /PRNewswire/ — McDermott, via McDermott Nederland B.V., has been selected by Aramco as one of the 11 selected contractors for a Project Management Consultancy (PMC) Long-Term Agreement (LTA) to support delivery of large-scale energy, downstream, petrochemical and low carbon projects across the Kingdom of Saudi Arabia. The multi‑year PMC LTA positions McDermott as an… Read More
São Paulo, Brazil, and Abu Dhabi, UAE – 2nd June 2026: AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry, and logistics solutions, today acquired Corredor Logística e Infraestrutura (CLI), Brazil’s leading independent agri-bulk port terminal operator, entering the South American market with a strategically major expansion transaction. São Paulo-based CLI operates two… Read More
Technology group Wärtsilä has today completed two divestments: divesting the Gas Solutions business to Mutares SE & Co. KGaA, following the agreement announced on 22 December 2025, and divesting Water & Waste business to Solix Group AB, following the agreement announced on 5 February 2026. Gas Solutions, with the annual revenue of EUR 394 million in 2025, provides its… Read More
Sustainable innovation and action at scale are essential to driving the energy transition. That is why we are proud to have our efforts rewarded with the NBCC Sustainability Award at the North Sea Neighbours’ Dinner, organised by the Netherlands British Chamber of Commerce (NBCC). This award recognises Van Oord’s contribution to energy transition through sustainable… Read More