Amec Foster Wheeler

Strategic Partnerships and Government Investments Fuel Offshore Decommissioning Market 2023 - ResearchAndMarkets.com

Retrieved on: 
Thursday, August 17, 2023

The global offshore decommissioning market is anticipated to expand from $5.38 billion in 2022 to $5.82 billion in 2023, with a compound annual growth rate (CAGR) of 8.2%.

Key Points: 
  • The global offshore decommissioning market is anticipated to expand from $5.38 billion in 2022 to $5.82 billion in 2023, with a compound annual growth rate (CAGR) of 8.2%.
  • Offshore decommissioning involves halting oil and gas operations on offshore platforms and restoring the marine environment to its original state.
  • The offshore decommissioning market is witnessing a trend of strategic partnerships, exemplified by the collaboration between US-based Worley and Morrison Energy.
  • In the face of the Russia-Ukraine conflict and ongoing economic challenges, the Offshore Decommissioning Global Market Report 2023 provides valuable insights and forecasts, aiding decision-making for strategists, marketers, and senior management navigating the evolving offshore decommissioning landscape.

USNC adds Waqar Zaidi as SVP Commercial & Structured Financing for Microreactor Deployments

Retrieved on: 
Tuesday, February 14, 2023

Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, announces the addition of Waqar Zaidi to an increasingly strong leadership team as Senior Vice President, Commercial and Structured Financing.

Key Points: 
  • Ultra Safe Nuclear Corporation (USNC), the U.S.-based global leader in the deployment of fourth-generation gas-cooled microreactors, announces the addition of Waqar Zaidi to an increasingly strong leadership team as Senior Vice President, Commercial and Structured Financing.
  • In this new role, Waqar will drive progress on active deployments of USNC’s Micro-Modular™ Reactors (MMR®) across the globe.
  • View the full release here: https://www.businesswire.com/news/home/20230214005182/en/
    Waqar Zaidi joins Ultra Safe Nuclear as SVP Commercial & Structured Financing.
  • (Photo: Business Wire)
    In this integral addition to the Ultra Safe Nuclear leadership team, Waqar will lead commercial strategy development, global commercial deal execution, and project structured financing.

SEA & SHORELINE COMPLETES ESTUARINE HABITAT ENHANCEMENTS AT THE FLORIDA STATE UNIVERSITY COASTAL AND MARINE LABORATORY

Retrieved on: 
Thursday, June 23, 2022

WINTER GARDEN, Fla., June 23, 2022 /PRNewswire/ -- Today Sea & Shoreline announced the completion of a project that will help to restore and enhance the intertidal and coastal habitat adjacent to Florida State University Coastal and Marine Laboratory (FSUCML) on St. James Island in Franklin County, FL. With funding from the Florida Fish and Wildlife Conservation Commission (FWC), Sea & Shoreline was contracted to excavate unsuitable soils within the existing salt marsh area, excavate suitable soils from an existing dredge spoil disposal area on the FSUCML property, and place the suitable soils to expand the salt marsh area waterward.

Key Points: 
  • WINTER GARDEN, Fla., June 23, 2022 /PRNewswire/ -- Today Sea & Shoreline announced the completion of a project that will help to restore and enhance the intertidal and coastal habitat adjacent to Florida State University Coastal and Marine Laboratory (FSUCML) on St. James Island in Franklin County, FL.
  • The primary mission of the FSUCML is to conduct interdisciplinary research focused on the coastal and marine ecosystems of the northeastern Gulf of Mexico.
  • "We are excited to complete another project for FWC," said Sea & Shoreline's Vice President of Project Management Dr. Andy Risi.
  • Sea & Shoreline, LLC is a Florida-based aquatic restoration firm that restores fresh and saltwater habitats to healthy and self-sustaining ecosystems.

Veteran Renewable Natural Gas Management Team Forms Viridi Energy with Equity Commitment from Warburg Pincus

Retrieved on: 
Thursday, June 2, 2022

NEW YORK, June 2, 2022 /PRNewswire/ -- Viridi Energy ("Viridi"), a full-service renewable natural gas ("RNG") platform, today announced an approximately $320 million line of equity commitment led by Warburg Pincus, a leading global growth investor. The investment will allow Viridi to build a leading energy platform of scale focused on developing RNG sourced from landfill, dairy, and food waste feedstocks.

Key Points: 
  • NEW YORK, June 2, 2022 /PRNewswire/ -- Viridi Energy ("Viridi"), a full-service renewable natural gas ("RNG") platform, today announced an approximately $320 million line of equity commitment led by Warburg Pincus, a leading global growth investor.
  • In addition to Mr. Kelleher, the founding management team includes Chet Benham, Matt Atkins, Jake Crouse, Dana Husnay, and Bill Keller.
  • Together, the team has over 75 years of experience developing and operating energy assets and has successfully developed more than 30 projects in the RNG space.
  • Viridi Energy is a full-service renewable natural gas ("RNG") platform founded by a veteran renewable natural gas management team.

Regulus Expands Skarn Mineralization at the AntaKori Copper-Gold Project

Retrieved on: 
Thursday, May 26, 2022

The principal project held by Regulus is the AntaKori copper-gold-silver project in northern Peru.

Key Points: 
  • The principal project held by Regulus is the AntaKori copper-gold-silver project in northern Peru.
  • For further information on Regulus Resources Inc., please consult our website at www.regulusresources.com.
  • Regulus follows systematic and rigorous sampling and analytical protocols which meet and exceed industry standards.
  • These standards are inserted blindly to the laboratory in the sample sequence prior to departure from the Regulus core storage facilities.

Regulus Extends Mineralization at the AntaKori Copper-Gold Project

Retrieved on: 
Wednesday, April 6, 2022

The principal project held by Regulus is the AntaKori copper-gold-silver project in northern Peru.

Key Points: 
  • The principal project held by Regulus is the AntaKori copper-gold-silver project in northern Peru.
  • For further information on Regulus Resources Inc., please consult our website at www.regulusresources.com .
  • Regulus independently inserts certified control standards, coarse field blanks, and duplicates into the sample stream to monitor data quality.
  • These standards are inserted blindly to the laboratory in the sample sequence prior to departure from the Regulus core storage facilities.

Ascendant Resources Appoints Mr. Clinton Swemmer as Vice President, Technical Services

Retrieved on: 
Thursday, October 21, 2021

TORONTO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (FRA: 2D9) ("Ascendant" or the "Company) is pleased to announce that Clinton Swemmer, has joined as Vice President of Technical Services.

Key Points: 
  • TORONTO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) (FRA: 2D9) ("Ascendant" or the "Company) is pleased to announce that Clinton Swemmer, has joined as Vice President of Technical Services.
  • Mr. Swemmer will contribute to facilitating the development of the Lagoa Salgada VMS project as it progresses into Feasibility stage.
  • Mr. Swemmer is a senior project delivery professional whose career spans over 20 years working on various development stage projects.
  • Mark Brennan, Executive Chairman of Ascendant stated, We are extremely pleased to welcome Clinton to the Ascendant team.

Metro Flood Diversion Authority Selects Red River Valley Alliance as P3 Partner

Retrieved on: 
Friday, June 18, 2021

Red River Valley Alliance, a consortium of private companies, will now partner with the MFDA through a private-public partnership (P3) project designed to bring reliable, permanent flood protection to the Fargo-Moorhead metro area and its 230,000 residents by the spring of 2027.

Key Points: 
  • Red River Valley Alliance, a consortium of private companies, will now partner with the MFDA through a private-public partnership (P3) project designed to bring reliable, permanent flood protection to the Fargo-Moorhead metro area and its 230,000 residents by the spring of 2027.
  • We believe Red River Valley Alliance will be an excellent partner in this critical undertaking."
  • The three lead engineers are Red River Valley Alliance Design JV, Hatch Associates Consultants Inc., and COWI North America Inc.
  • The two subcontractors are Amec Foster Wheeler and Wenck Associates Inc.
    For more information regarding Red River Valley Alliance, contact lead contractor Julio Marcos at 310-429-1356.

Fluor Sells AMECO North America to One Equity Partners for $73 Million

Retrieved on: 
Tuesday, May 4, 2021

b'Fluor Corporation (NYSE: FLR) announced today the divestiture of its North American equipment and fleet services business, AMECO , to One Equity Partners for $73 million.\nThis transaction is another significant step in completing the AMECO divestiture announced by Fluor in September 2019.

Key Points: 
  • b'Fluor Corporation (NYSE: FLR) announced today the divestiture of its North American equipment and fleet services business, AMECO , to One Equity Partners for $73 million.\nThis transaction is another significant step in completing the AMECO divestiture announced by Fluor in September 2019.
  • Fluor had revenue of $15.7 billion in 2020 and is ranked 181 among the Fortune 500 companies.
  • With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 100 years.
  • For more information, please visit www.fluor.com or follow Fluor on Twitter , LinkedIn , Facebook and YouTube .\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210504005199/en/\n'

Mullen Technologies Announces Purchase of Advanced Engineering and Manufacturing Center in Tunica, MS

Retrieved on: 
Thursday, March 11, 2021

Under Mullen ownership, the facility will be known as Mullens Advanced Manufacturing Engineering Center (AMEC) and Proving Grounds.

Key Points: 
  • Under Mullen ownership, the facility will be known as Mullens Advanced Manufacturing Engineering Center (AMEC) and Proving Grounds.
  • Mullen will immediately begin efforts to reestablish the facility to build and support Mullens platform of electric vehicles.
  • The opportunities for this site are endless when it comes to validating both engineering and manufacturing initiatives.
  • Mullen Technologies is a Southern California-based licensed vehicle manufacturer that operates in various verticals of the businesses, focusing on the automotive industry: Mullen Automotive, Mullen Energy, Mullen Auto Sales, Mullen Funding Corp. and CarHub.