The United Kingdom (UK) has made a move to designate British shipbuilding, steel, artificial intelligence (AI), and energy infrastructure as priority sectors for government contracts, as these are perceived to be key industries required to ensure national security.
Oilfield services company NOV is making a $200 million investment to roughly double capacity at its subsea flexible pipe manufacturing facility in Brazil, a move said to be due to expected growing demand. The investment in the manufacturing facility in Açu will be made over the next three years, and
