The troubled engineering firm John Wood Group has received a new takeover proposal from Sidara, a Dubai-based network of engineering and design companies. The offer includes a non-binding conditional bid of 35p per share, which would value Wood Group at approximately £242 million. Additionally, the proposal entails a potential cash injection of $450 million (£342...
Khalifa University of Science and Technology has announced that it secured the top spot in the UAE across ten disciplines, according to the QS World University Rankings by Subject 2025. Notably, the university’s petroleum engineering program rose to seventh place globally, maintaining its position among the world’s top ten universities in this field for three...
Larsen & Toubro (L&T), an Indian engineering and construction conglomerate, has announced that its subsidiary, L&T Energy Hydrocarbon (LTEH), has secured a significant contract worth $1.5 billion from Saudi Aramco. This contract involves providing essential engineering, procurement, and construction (EPC) services for the first phase of Aramco’s ambitious Carbon Capture & Storage (CCS) hub in...