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• B&W Will Acquire GE Energy’s Electrostatic Precipitator and Emissions Monitoring Businesses

  These products and services are used by a wide variety of power generation and industrial customers to monitor and control particulates and other emissions from power plants, factories and other facilities - By Linton Levy - Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has signed a contract with GE Energy, a division of General Electric Company, to acquire its electrostatic precipitator (ESP) and emissions monitoring business units. B&W PGG is an operating unit of The Babcock & Wilcox Company. ... Posted Mar 16 2010, 08:45 AM by steveheiser with | with no comments Filed under: Babcock & Wilcox, emissions, GE Energy, ENERGY, nuclear, power, monitoring, babcock, acquisition, B&W PGG, electrostatic precipitator, babcock & wilcox power generation group, emissions monitoring

• McDermott Reports Q4 2009 Numbers

  Net Income of $98.7 Million, $0.42 Per Fully Diluted Share; Earnings per Share Increase 121% Compared to the 2008 Fourth Quarter; Strong Improvement in the Offshore Oil & Gas Construction Segment Highlights Results - Edited by Stephen Heiser - McDermott International, Inc. has reported net income of $98.7 million, or $0.42 per diluted share, for the 2009 fourth quarter, compared to $43.0 million, or $0.19 per diluted share, in the corresponding period of 2008. Weighted average common shares outstanding on a fully diluted basis were approximately 234.5 million and 230.6 million in the quarters ended December 31, 2009 and December 31, 2008, respectively. ... Posted Mar 03 2010, 08:35 AM by steveheiser with | with no comments Filed under: earnings, McDermott International, Babcock & Wilcox, ENERGY, nuclear, power, quarterlies, 2010, finacials, results, 2009, babcock, McDermott, Q4

• Demolition At Oak Ridge Y-12 Facility Commences

  Like other aging buildings on the Y-12 site, the deterioration of Building 9735 has been accelerating and making work in and around it more hazardous - By Stephen Heiser - The Y-12 National Security Complex began its first demolition project funded by the American Recovery and Reinvestment Act (ARRA). Building 9735 is the first of the ARRA deactivation and demolition projects at Y-12 to be torn down. Built in 1946 as an engineering laboratory, Building 9735 ceased operations in the mid-1990s. The demolition of Building 9735 is expected to take two to three days. ... Posted Feb 12 2010, 08:45 AM by steveheiser with | with 1 comment(s) Filed under: Babcock & Wilcox, B&W, radioactive, radiological, babcock, oak ridge, Y-12, contamination, demolition, American Recovery and Reinvestment Act, ARRA

• Babcock & Wilcox Receives $450 Million Order For Nuclear Components

  We are very pleased with these new orders and the steady growth of B&W’s nuclear product line for the U.S. government,” said Winfred Nash, President of Babcock & Wilcox Nuclear Operations Group - By Stephen Heiser - McDermott International, Inc. has announced that The Babcock & Wilcox Company (“B&W”), through a subsidiary, has received an award of approximately $450 million for the manufacture of nuclear components to support U.S. defense programs, including the manufacture of U.S. Naval nuclear power systems for submarines and aircraft carriers. The value of this contract was recorded in McDermott’s Government Operations segment backlog during the fourth quarter 2009. ... Posted Jan 28 2010, 08:52 AM by steveheiser with | with no comments Filed under: Babcock & Wilcox, contract, components, ENERGY, nuclear, power, B&W, babcock, McDermott

• B&W Awarded $9 Million For Medical Isotope Program

  NNSA Cooperative Agreement Funding Will Support Further Development of Low Enriched Uranium System - By Linton Levy - Babcock & Wilcox Technical Services Group, Inc. (B&W TSG) has been awarded approximately $9 million from the National Nuclear Security Administration (NNSA) for the company’s medical isotope production program. Awarded under a cooperative agreement, the funding will be used for further development of B&W TSG’s patented reactor technology for medical isotope production using low enriched uranium. B&W TSG is an operating unit of The Babcock & Wilcox Company. ... Posted Jan 26 2010, 08:50 AM by steveheiser with | with no comments Filed under: Babcock & Wilcox, National Nuclear Security Administration , reactor, nuclear, NNSA, B&W, babcock, nuclear medicine, isotope, molybdenum-99, technetium-99m, mo-99, tc-99m, Babcock & Wilcox Technical Services Group, B&W TSG

• Babcock & Wilcox Subsidiary Acquires Swedish Environmental Company

  Acquisition Expands B&W’s Capability in European Renewables Sector - By Linton Levy - Denmark-based Babcock & Wilcox Vølund A/S (B&W Vølund), a subsidiary of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has acquired Götaverken Miljö AB (GMAB), a flue gas cleaning and energy recovery company based in Gothenburg, Sweden. B&W Vølund is one of the world's leading suppliers of equipment and technologies designed to convert household waste and bio-fuels into thermal energy. B&W PGG is an operating subsidiary of The Babcock & Wilcox Company. ... Posted Jan 06 2010, 08:00 AM by steveheiser with | with no comments Filed under: mergers, acquisitions, Babcock & Wilcox, Sweden, mergers and acquistions, B&W, babcock

• NCS 2009: The Bellefonte Opportunity

  TVA Nuclear Tennessee Valley Authority is an industry leader in nuclear generation development and operation. Operational Phase Browns Ferry 1 Construction Phase Watts Bar 2 Analysis Phase Bellefonte ... Posted Dec 29 2009, 08:09 AM by steveheiser with | with no comments Filed under: Browns Ferry, TVA, Westinghouse, AP1000, Babcock & Wilcox, Bellefonte, Watts Bar, tennesse valley authority, B&W, Huron

• B&W Wins Contract For Columbia Generating Station Condenser Replacement

  B&W will remove the existing waterboxes and copper-nickel tube bundles, then replace them with new waterboxes and titanium tube bundles - By Stephen Heiser - Babcock & Wilcox Nuclear Power Generation Group, Inc. (B&W NPG) has been awarded a contract to support a condenser replacement project... Posted Dec 16 2009, 08:55 AM by steveheiser with | with no comments Filed under: Babcock & Wilcox, contract, nuclear, power, Energy Northwest, Columbia, B&W, babcock, replacement, condenser, waterbox, copper-nickel, bundle, titanium, tube

• Babcock Power Adds R. Brandon Donahue To Executive Roster

  Brandon has 30 years experience in the Power, Environmental and Petrochemical industries - By Stephen Heiser - Babcock Power Inc. (BPI), located in Danvers, MA, has announced that R. Brandon Donahue will be joining Babcock Power as Senior Vice President and Chief Operating Officer of Babcock Power Sales... Posted Dec 11 2009, 08:01 AM by steveheiser with | with no comments Filed under: Babcock & Wilcox, executive appointments, nuclear, power, B&W, sales, babcock, R. Brandon Donahue

• Babcock & Wilcox To Become Standalone Public Company

  Parent Company McDermott International, Inc. to Separate Its Subsidiaries Through Spin-Off of B&W - By Linton Levy - The Babcock & Wilcox Company (“B&W”) has announced that its parent company, McDermott International, Inc. (“McDermott”), plans to separate its operating... Posted Dec 08 2009, 08:50 AM by steveheiser with | with no comments Filed under: financials, Babcock & Wilcox, B&W, babcock, spin-off, split, independent, stand alone

• B&W Expands Operations By Leasing Facility For mPower Reactor Engineering And Design

  In June 2009, B&W announced its plans to design and deploy a new modular nuclear reactor capable of generating power in 125 megawatt increments - By Stephen Heiser - The Babcock & Wilcox Company (B&W) has signed a multi-year lease with the City of Lynchburg for a 50,000-square foot facility... Posted Dec 04 2009, 08:40 AM by steveheiser with | with no comments Filed under: Babcock & Wilcox, small and medium size reactors, small reactor, mPower, B&W, facility, babcock

• Under The Hood With Duncan Williams - VHTR - Prismatic Reactors

  VHTR- Prismatic Reactors - By Duncan Williams - The Idaho National Laboratory (INL) recently announced the successful testing of a new type of a coated nuclear fuel for its Advanced Gas Reactor Fuel Program. At the center of this new particle is a nuclear fuel kernel made by Babcock and Wilcox known... Posted Dec 02 2009, 08:50 AM by steveheiser with | with 3 comment(s) Filed under: DOE, Babcock & Wilcox, INL, reactor, fuel, Peach Bottom, Under The Hood With Duncan Williams, Idaho National Laboratory, Next Generation Nuclear Plant, ngnp, UO2, uranium dioxide, duncan williams, agr, Advanced Gas Reactor, magnox, dragon, UCO, particle, pellet, helium, very high temperature reactor, prismatic, vhtr, uranium oxycarbide, pebbble, triso

• Under The Hood With Duncan Williams - Miniature Nuclear Reactors

  Miniature Nuclear Reactors - By Duncan Williams - Senator Mark Udall (D-Co) last week introduced a bill in the Senate titled “The Nuclear Energy Research Initiative Improvement Act of 2009,” which would authorized the Department of Energy to fund research in the field of compact, or miniature... Posted Nov 04 2009, 08:51 AM by steveheiser with | with 1 comment(s) Filed under: Babcock & Wilcox, Toshiba, NuScale, small and medium size reactors, small reactor, reactor, nuclear, Hyperion, B&W, small, babcock, los alamos, Under The Hood With Duncan Williams, duncan williams, French Atomic Energy Commission, nuscale power

• Babcock Power Buys Assets of Welding Technologies

  Welding Technologies provides field welded repair, replacement and refurbishment of plant equipment and fabrication of ASME parts and pressure vessels for the power generation - By Linton Levy - Babcock Power Inc. (“BPI”) has announced that its subsidiary, Babcock Power Services Inc. (“Babcock... Posted Sep 02 2009, 09:39 AM by steveheiser with | with 3 comment(s) Filed under: Babcock & Wilcox, steam generator, welding, pressure vessel, vessel, babcock

• Grays Harbor Washington Considers Goining With Small Reactors

  PUD will host meeting; NuScale Power will be discussed - By Stephen Heiser - According to a report in THE OLYMPIAN, the Grays Harbor Public Utility District is considering pitching in $25,000 to get in on the ground floor of a new statewide effort to build five to eight small-scale nuclear power plants... Posted Aug 20 2009, 08:48 AM by steveheiser with | with 1 comment(s) Filed under: Babcock & Wilcox, meeting, NuScale, small and medium size reactors, small reactor, ENERGY, nuclear, power, Hyperion, mPower, B&W, small, m-power, washington, grays harbor