Duke Energy begins expansion of its Beaufort County solar project

2013-09-11T11:55:11+00:00September 11th, 2013|Uncategorized|

Duke Energy Renewables, a commercial business unit of Duke Energy (NYSE: DUK), has begun construction of a 5-megawatt (MW) utility-scale solar power project in Beaufort County, N.C., near Bath and Washington, adjacent to its 12.5 MW Washington White Post facility. "The Washington White Post II Solar Power Project brings together [...]

HS2 to boost UK economy ‘by £15bn a year’ says report

2013-09-11T11:54:12+00:00September 11th, 2013|Uncategorized|

A new report says the HS2 rail project could boost the UK economy by £15bn a year. Transport Secretary Patrick McLoughlin presented the findings as he reasserted the case for the new rail line. The report, from accountants KPMG, says that regions outside London will be the biggest beneficiaries of [...]

Barratt aims to build 45,000 homes in three years

2013-09-11T11:53:05+00:00September 11th, 2013|Uncategorized|

Britain’s biggest house builder is aiming to dramatically step up house building rates to deliver around 16,000 completions a year. The new target represents a near 20% increase on present Barratt construction levels and will help to challenge claims that house builders are keeping completions low to boost profitability. Mark [...]

Dragados tops August contracts league

2013-09-11T11:50:16+00:00September 11th, 2013|Uncategorized|

Spanish contractor Dragados shot to the top of the August contracts league after securing the £500m job to upgrade Bank Station on the London Underground. The firm has now established a firm foothold in the London civil engineering major project arena, building on its £500m Crossrail tunnel drive job in [...]

Subsea 7 Exercises Option for ‘Normand Subsea’

2013-08-30T14:50:54+00:00August 30th, 2013|Uncategorized|

Subsea 7 has declared its option to extend the contract for the light construction vessel “Normand Subsea” for one year, starting March 2014. This is the first of a total of four yearly options. Normand Subsea is an offshore vessel built to perform Inspection, Maintenance and Repair (IMR) works. The 113 m [...]

Bam Nuttall pays council £33m to settle busway dispute

2013-08-30T14:50:15+00:00August 30th, 2013|Uncategorized|

A dispute over huge cost overruns on the Cambridgeshire Guided Busway project was settled today with BAM Nuttall  paying £33m to the local council. The out of court settlement means Cambridgeshire County Council will have paid BAM Nuttall £84.7m to build the busway, against an original contract price of £83.9m. [...]

GC Rieber Shipping Down on Reef Subsea Loss

2013-08-30T14:49:38+00:00August 30th, 2013|Uncategorized|

Norway’s GC Rieber Shipping has reported that its net loss for the second quarter 2013 was NOK 5.7 million, compared to a profit of NOK 57.0 million in the same period last year. This is primarily due to a loss of NOK 38.7 million from the associated company Reef Subsea, which experienced low [...]

£7m upgrade for Dartford station

2013-08-30T14:48:42+00:00August 30th, 2013|Uncategorized|

Dartford railway station is to benefit from further improvements in a £7m scheme. Work over the summer have provided a new station building, improved ticket office, fully accessible toilets and a more open concourse. In November, the project will deliver better lighting, larger canopies and better waiting facilities. Platform extension [...]

Kleven Cancels Offshore Crane Order with TTS

2013-08-30T14:48:04+00:00August 30th, 2013|Uncategorized|

Norwegian Kleven has excercised the right to cancel a contract for delivery of a subsea crane with TTS Group. The contract, announced in May should have brought approximately NOK 70 million to TTS Offshore Handling Equipment AS. The deal was for delivery of a 250 ton active heave compensated subsea crane for [...]

Kenya To Scale Up Wind Power Programme

2013-08-30T14:47:06+00:00August 30th, 2013|Uncategorized|

LONDON -- Kenya plans to significantly scale up its wind power programme as part of an effort to increase the use of renewable energy in the country on a large scale. According to an announcement from the World Wind Energy Association (WWEA), a delegation from the Kenyan government recently undertook a study tour [...]

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