business

Houston-based engineering firm McDermott bought CB&I for $6 billion in 2018 and has sold off pieces of it since.

Houston-based LandPark Advisors has acquired a 16-story office tower, with a local law firm as a new tenant and investor in the building.

Dhanani, a local private equity firm mostly focused on retail development, acquired land in the Fort Bend County countryside for a new community.

The latest MacGregor Park funding adds to a growing list of financial support for the project, which kicked off with a Kinder Foundation gift.

Honeywell continues to reposition its portfolio under CEO Vimal Kapur.

Houston-based Gulf Capital Bank, which opened as a de novo in 2020, named its first market president as it seeks to grow its local presence.

Houston-based Drilling Tools International has been expanding internationally over the past year after going public through a merger.

San Antonio musician Doc Watkins plans to bring the latest incarnation of his jazz bar and restaurant concept to Houston.

The lieutenant governor berated both CEO Jason Wells and the Public Utility Commission of Texas over their handling of $800 million worth of generators, saying, “Sneaky? Definitely sneaky. … Malfeasance? Absolutely.”

The companies from Norway and Denmark, which both have Houston offices, are developing U.S. offshore wind farms.