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Sonatrach advances major phosphate project

Sonatrach and the Algerian Fertilizer Company signed contracts with Italian and Chinese companies to build production and port facilities for Algeria’s fertilizer project.

  • Sonatrach advances Integrated Phosphate Project (IPP) in Algeria.
  • Signed EPC contracts with Chinese firm Saipem and Chinese CHEC.
  • Project includes phosphate extraction, fertilizer production, and port facilities.

Buyer sought for unfinished Seascape tower on Auckland waterfront

The enormous $300 million Seascape tower has been unfinished since construction stalled in 2024 but Bayleys real estate agency says it's on track to choose a preferred buyer within the next month.

  • $300 million unfinished Seascape tower on Auckland waterfront could be sold.
  • Bayleys nears selection of preferred buyer within next month.
  • Disputed project halted by developer-contractor dispute in 2024.

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