Penspen | October 13, 2020
Penspen has been awarded a detailed engineering contract for crude receiving facilities at Jebel Dhana from Target Engineering Construction Company, an engineering, procurement and construction (EPC) contractor in Abu Dhabi, UAE. The scope of work that will be completed by Penspen includes the development of facilities for unloading the Upper Zakhum (UZ) field and Non-System (NS) crudes at Jebel Dhana from tankers. The work will be carried out using the existing single point mooring (SPM-2), subsea pipeline, onshore pipeline and gravity pipeline to the three large tanks already in place. Both UZ and NS crudes will be blended and the crude will be transferred to Ruwais Refinery West to feed the crude oil distillation unit (CDU) with 420 000 bpd. Target Engineering Construction Company offers in-house services for major construction disciplines in onshore and offshore areas, with more than 40 years’ experience in the oil and gas sector. This contract is the second that the company has awarded to Penspen this year.
PCA | April 12, 2021
Portland Cement Association (PCA) Market Intelligence Group's Senior Vice President and Chief Economist Ed Sullivan as of late introduced their yearly Spring concrete utilization figure, foreseeing an increment in concrete utilization for 2021 and 2022.
"Remarkably, U.S. cement consumption recorded 2% growth during 2020. It is remarkable because COVID-19 exerted a terrible toll on the economy. Consumers bunkered down; states enacted rigid lockdowns. Real GDP declined to a rate not matched since 1946 as the economy transitioned from war time to peace time," said Sullivan. "Nearly 9.5 million fewer jobs now exist compared to pre-COVID-19 levels. Many businesses did not survive the threat. And yet through all of this, cement consumption grew."
Sullivan noted while significant tempests brought about a frail 2021 beginning, almost certainly, concrete utilization development will coordinate or surpass 2020's exhibition. Record low home loan rates have provoked solid additions in 2020 single family development. The low rates are required to stay set up through 2021, bringing about additional solid interest for concrete utilization. Nonresidential decays are required to proceed with this year and next, however the drag on by and large development is relied upon to reduce. Furthermore, as oil costs rise, oil well concrete will increment too.
Southland | December 15, 2021
Southland Industries announced the upcoming merger of its wholly owned subsidiaries, Southland Engineering, Southland Energy, TCM Corp., Envise, and Burns Mechanical. Beginning January 1, 2022, the merger will be executed in phases with the consolidation of all brands completed by January 2023.As one of the nation’s largest MEP building systems firms, this unification aligns with Southland’s strategy to provide fully integrated building lifecycle offerings from a single brand. Following a phased completion, Southland will leverage their combined expertise and reputation to provide enhanced value and services to clients and partners.
“This unification is an exciting time for our customers and employees,This consolidation of brands better represents the way we actually do work today. An increasing amount of our work is with clients that operate in multiple geographic regions, so this should remove any potential confusion for them and make it easier for them to engage us and access our vast companywide resources and capabilities.
-Ted Lynch, Ph.D., CEO of Southland Industries
For our people, the integration will help enhance collaboration across our organization,” said Lynch. “And, as we continue to expand our geographic reach and capabilities, our employees will have additional career growth opportunities.
By unifying all divisions and subsidiaries, Southland will deliver its full range of services — engineering, construction, building automation, service, and energy — as one national brand.
Founded in 1949, Southland Industries is one of the nation's largest MEP building systems experts that provides innovative yet practical solutions through a holistic approach to building performance. Advocating a design-build-maintain model, Southland specializes in the engineering, construction, and service of mechanical, plumbing, fire protection, process piping, and automation and controls systems as well as comprehensive energy services needs. Through innovation and collaboration, Southland paves the way as an industry leader in sustainability and energy efficiency by improving the way buildings are designed, built, and maintained. For information, please visit southlandind.com.