Management attributed 2025 resilience to a deliberate pivot toward the Global South and OpEx-driven markets, offsetting a sharp decline in petrochemical CapEx and green project pauses. Operational excellence initiatives delivered over $30 million in cost savings and expanded margins by more than 100 basis points despite a challenging award environment. The Sustainable Tech segment successfully mitigated market shifts by focusing on LNG, ammonia, and engineering services where demand fundamentals remai ...