The Coastal Protection and Restoration Authority (CPRA) has been awarded a $60 million grant from the Gulf Coast Ecosystem Restoration Council (RESTORE Council) to support the construction of the River Reintroduction into Maurepas Swamp Project (MSP), a large-scale restoration effort designed to revitalize one of Louisiana’s most ecologically significant swamps. This award represents the final… Read More
HOUSTON, June 19, 2025 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE: ORN) (“Orion” or the “Company”), a leading specialty construction company, today announced new Marine and Concrete awards for a total value of approximately $100 million. In addition, Orion’s Chief Executive Officer and General Counsel were honored with executive leadership awards. Management Commentary “We are proud to be recognized… Read More
KR and HD Hyundai Samho join forces to bring AI into ship design Korean Register has signed a memorandum of understanding with HD Hyundai Samho to jointly develop artificial intelligence-based solutions for innovation in ship design and analysis. The partnership agreement was formalised on June 11 as part of a broader digital transformation strategy aimed… Read More
Australian oil and gas producer Santos announced that its board intends to support an US $18.7 billion non‑binding takeover bid from a consortium led by Abu Dhabi’s National Oil Company (ADNOC), through its investment arm XRG, together with Abu Dhabi Development Holding Company (ADQ) and private equity firm Carlyle. They have offered US $5.76 (A$8.89) per share, marking… Read More
