CBI
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Press Releases
Siemens equipment selected for billion-dollar crude flexibility project with ADNOC Refining in UAE
Samsung Engineering and the Chicago Bridge & Iron Company (CB&I) – a McDermott International company – recently selected Siemens to provide 19 process reciprocating compressors for ADNOC Refining’s crude flexibility project at Ruwais Refinery-West. Samsung Engineering and CB&I will provide EPC services to increase the refinery’s crude processing flexibility, enabling the site to process up […]
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Nuclear
Insiders Doubted SCANA’s Ability to Manage Nuclear Project
Santee Cooper executives doubted SCANA Corp.’s ability to properly manage the V.C. Summer nuclear expansion project for years before the project was ultimately abandoned in July 2017, according to an article published by The Post and Courier, a Charleston, S.C., newspaper. Santee Cooper—a state-run utility—partnered with SCANA as owners of the project; SCANA holds a […]
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Press Releases
Lake Charles Power Station: Following the Blueprint for a Bright Future
Entergy Louisiana breaks ground on combined-cycle power plant WESTLAKE, La. – Entergy Louisiana took another important step toward modernizing its generating fleet, enhancing reliability and securing a long-term supply of lower cost energy for customers with today’s ceremony formally kicking off construction of the Lake Charles Power Station. State and local officials joined Entergy executives […]
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Press Releases
CB&I Breaks Ground on Entergy Lake Charles Power Station
THE WOODLANDS, Texas, Jan. 22, 2018 /PRNewswire/ — CB&I (NYSE: CBI) today announced it has broken ground for the Lake Charles Power Station, a new natural gas-fired combined-cycle power plant for Entergy Corporation subsidiary Entergy Louisiana, LLC in Lake Charles, Louisiana. CB&I’s scope of work on the project includes the engineering, procurement, construction and commissioning for […]
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Nuclear
Court Dismisses Westinghouse Claim for $2B Recovery from CB&I
More grim news emerged for financially strapped Westinghouse after the Delaware Supreme Court reversed a chancery court decision that the company was counting on to recoup $2 billion from an acquisition dispute with Chicago Bridge & Iron (CB&I). The court rejected Westinghouse’s contention of CB&I’s calculations of its final purchase price—even though it paid […]
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Nuclear
How Westinghouse, Symbol of U.S. Nuclear Power, Collapsed
Crippled by financial setbacks stemming from the half-built AP1000 reactor projects in Georgia and South Carolina, Westinghouse Electric Co., a company with a storied legacy symbolic of American nuclear power, has taken the desperate step of filing for bankruptcy protection. While owners of the two nuclear construction projects are monitoring the situation, the development could […]
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Legal & Regulatory
Westinghouse’s Losses from Nuclear Business Deal Mount
Toshiba Corp.—the parent of Westinghouse Electric Co.—said it might book huge losses as a result of Westinghouse’s acquisition of the nuclear construction and integrated services business CB&I Stone & Webster Inc. (S&W). Westinghouse closed on its agreement with CB&I in December 2015. When the deal was made, Toshiba estimated that the amount of “goodwill” resulting […]
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Press Releases
Amec Foster Wheeler joint venture breaks ground as prime contractor on Port Granby environmental remediation
Safe-storage of historic low-level radioactive waste Amec Foster Wheeler announces today the start of work on the Port Granby low level radioactive waste management facility in Southeast Clarington, Ontario. Following a shovel turning ceremony on Friday 29 April, Amec Foster Wheeler and its joint venture partner CB&I joined the Port Hope Area Initiative (PHAI) and […]
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Coal
Construction Begins on Project to Demonstrate Entirely New Natural Gas Power Cycle
Construction of a 50-MWt plant that will demonstrate a novel oxyfuel natural gas power system using Allam Cycle technology with zero atmospheric emissions has kicked off in La Porte, Texas. The demonstration plant is being built by the technology’s developer, Durham, N.C.–based NET Power, along with Exelon Generation, CB&I, and 8 Rivers Capital. NET Power’s […]
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Legal & Regulatory
Vogtle Expansion Owners, Contractors, Settle All Claims
Georgia Power (GP) announced on Jan. 4 that the owners of the expansion project at the Vogtle nuclear power plant (GP, Oglethorpe Power Corp., the Municipal Electric Authority of Georgia, and Dalton Utilities) have settled all pending litigation with the original project contractors, Westinghouse and CB&I. According to GP, the settlement resolves “all claims currently […]
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