Babcock & Wilcox

Babcock & Wilcox Awarded Approximately $15 Million Contract to Supply Environmental Equipment for Middle East Industrial Plant

Retrieved on: 
Monday, April 22, 2024

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment has been awarded a contract for approximately $15 million to supply environmental equipment for an industrial facility in the Middle East.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Environmental segment has been awarded a contract for approximately $15 million to supply environmental equipment for an industrial facility in the Middle East.
  • “We are proud to have earned a reputation as a leading provider of environmental products, services and technologies for the global energy industry,” said Jimmy Morgan, B&W Executive Vice President and Chief Operating Officer.
  • “We continue to see significant demand for our environmental equipment across a wide scope of industries including for power generation, small and large industrial facilities, as well as the oil and gas, petroleum refining and petrochemical industries.”
    “This contract further demonstrates our extensive experience and expertise in the design, engineering, and manufacturing of high-performance environmental solutions for the global market,” Morgan added.
  • B&W Environmental’s broad suite of emissions control and environmental technology solutions include cooling systems, ash and material handling, chemical looping for carbon control, wastewater treatment, and state-of-the-art equipment for reducing particulate, mercury, nitrogen oxides, sulfur dioxides, acid gas and other emissions.

Babcock & Wilcox Awarded Contract to Upgrade Renewable Energy Boilers in Southeast Asia

Retrieved on: 
Monday, April 15, 2024

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its Babcock & Wilcox Renewable Service A/S (B&W Renewable Service) subsidiary has been awarded a contract valued at more than $7 million to upgrade three municipal and commercial waste-fueled boilers and combustion equipment at a waste-to-energy power plant in Southeast Asia.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its Babcock & Wilcox Renewable Service A/S (B&W Renewable Service) subsidiary has been awarded a contract valued at more than $7 million to upgrade three municipal and commercial waste-fueled boilers and combustion equipment at a waste-to-energy power plant in Southeast Asia.
  • The contract was awarded based on the results of B&W Renewable Service’s Front-End Engineering Design (FEED) study in 2023.
  • “We’re pleased B&W Renewable Service has been selected for this critical infrastructure upgrade project,” said B&W Chief Operating Officer Jimmy Morgan.
  • “There is a robust market for waste-to-energy and biomass maintenance and upgrade services in Southeast Asia as customers look to keep plants running longer while also operating more efficiently.

Seniors Helping Seniors® In-Home Care Services Expands to Rock Hill, South Carolina

Retrieved on: 
Wednesday, April 17, 2024

CHARLOTTE, N.C., April 17, 2024 /PRNewswire-PRWeb/ -- Seniors Helping Seniors® in-home care services, a franchisor with over 125 franchise partners and more than 200 territories nationwide, has grown rapidly in recent years by building a workforce of talented caregivers who create meaningful relationships with their senior care clients. Now, local resident Tisa Mullis has opened a new location to serve the Rock Hill, South Carolina community.

Key Points: 
  • CHARLOTTE, N.C., April 17, 2024 /PRNewswire-PRWeb/ -- Seniors Helping Seniors® in-home care services, a franchisor with over 125 franchise partners and more than 200 territories nationwide, has grown rapidly in recent years by building a workforce of talented caregivers who create meaningful relationships with their senior care clients.
  • Now, local resident Tisa Mullis has opened a new location to serve the Rock Hill, South Carolina community.
  • Mullis will be opening her first Seniors Helping Seniors® location in Rock Hill, South Carolina, in April 2024 to serve the mid-Carolina counties of York, Lancaster, and Chester where she grew up.
  • Seniors Helping Seniors® services is expanding in Rock Hill, South Carolina with its unique care services and approach to caregiver-client matching.

Babcock & Wilcox Receives Contracts Totaling $24 Million for Three Middle East Industrial Boilers

Retrieved on: 
Wednesday, March 20, 2024

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment has been awarded contracts totaling approximately $24 million to design, manufacture and supply three industrial boilers and associated equipment for petrochemical facilities in the Middle East and Central Asia regions.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment has been awarded contracts totaling approximately $24 million to design, manufacture and supply three industrial boilers and associated equipment for petrochemical facilities in the Middle East and Central Asia regions.
  • “B&W plays a pivotal role in bolstering the reliability and security of energy infrastructure globally, as we deploy our cutting-edge technologies, equipment and services,” said Chris Riker, Senior Vice President, B&W Thermal.
  • We look forward to delivering reliable, durable and efficient industrial boilers to meet our customers’ needs.”
    B&W’s industrial boilers feature robust designs and fuel flexibility – with the capability to use oil, gas, hydrogen and a variety of other fuels – and are suitable for a wide array of industrial applications.
  • B&W’s growing Middle East, Africa and Central Asia presence includes offices in Saudi Arabia, Egypt, South Africa and a regional headquarters in Dubai, United Arab Emirates.

Babcock & Wilcox Signs Agreement for Power Plant Fuel-Switching Project Valued at Approximately $246 Million

Retrieved on: 
Monday, March 18, 2024

Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal business segment has signed an agreement valued at approximately $246 million for a gas conversion project for a power plant in North America.

Key Points: 
  • Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal business segment has signed an agreement valued at approximately $246 million for a gas conversion project for a power plant in North America.
  • Under the agreement, B&W has received limited notice to proceed (LNTP) for the coal-to-natural gas project.
  • Notice to proceed for the full contract is anticipated in the fourth quarter of 2024.
  • Babcock & Wilcox Construction Co., LLC, will perform the construction portion of the project under an intercompany agreement when a full notice to proceed is received.

Babcock & Wilcox Enterprises Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, March 14, 2024

Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the fourth quarter and full year 2023.

Key Points: 
  • Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the fourth quarter and full year 2023.
  • Babcock & Wilcox Renewable segment revenues were $62.2 million for the fourth quarter of 2023, a decrease of 33% compared to $92.2 million in the fourth quarter of 2022.
  • Babcock & Wilcox Environmental segment revenues were $68.4 million in the fourth quarter of 2023, an increase of 58% compared to $43.2 million in the fourth quarter of 2022.
  • Babcock & Wilcox Thermal segment revenues were $115.0 million in the fourth quarter of 2023, an increase of 9% compared to $105.2 million in the fourth quarter of 2022.

Babcock & Wilcox and Black Hills Energy Receive State of Wyoming Grant to Develop a Low-Carbon Hydrogen Facility Using BrightLoop™ Technology

Retrieved on: 
Wednesday, January 24, 2024

The plant design intends to use B&W’s BrightLoop™ technology to produce clean energy from coal, while CO2 emissions will be sequestered, or put to beneficial use.

Key Points: 
  • The plant design intends to use B&W’s BrightLoop™ technology to produce clean energy from coal, while CO2 emissions will be sequestered, or put to beneficial use.
  • As designed, the plant will be capable of producing 15 tons of clean hydrogen per day utilizing the BrightLoop process, which is a patented chemical looping technology.
  • “We look forward to working closely with our partner, Black Hills Energy, as we complete engineering, begin construction, and move toward completion of this commercial-scale project.
  • The BrightLoop process uses a proprietary, regenerable particle and has been demonstrated to effectively separate CO2 while producing hydrogen, steam and/or syngas.

Fidelis New Energy Selects Mason County West Virginia for Lifecycle Carbon Neutral Hydrogen Project, Data Center Campus, and Greenhouse Complex

Retrieved on: 
Wednesday, August 16, 2023

HOUSTON and POINT PLEASANT, W.Va., Aug. 16, 2023 /PRNewswire/ -- Fidelis New Energy®, LLC ("Fidelis") is pleased to announce the selection of Mason County, West Virginia for a lifecycle carbon neutral ("net-zero") hydrogen production facility and low carbon microgrid —The Mountaineer GigaSystem™ ("Mountaineer") and the Monarch Cloud Campus™ for data centers powered by net-zero hydrogen. Mountaineer will be implementing the proprietary FidelisH2® technology that enables production of hydrogen with zero lifecycle carbon emissions from a combination of natural gas, renewable energy, and carbon capture, utilization, and sequestration ("CCUS").

Key Points: 
  • This net-zero carbon hydrogen will be used for a variety of purposes including carbon neutral hyperscale datacenters, greenhouses, transportation, and steel production.
  • And now, we're in a great position to make the most of a new fuel – hydrogen – through this incredible project in Mason County.
  • John Musgrave, the Executive Director of the Mason County Development Authority commented, "The citizens of Mason County are elated with the announcement of Fidelis New Energy selecting Mason County, West Virginia, for its multibillion-dollar state of the art carbon neutral, clean hydrogen complex.
  • FidelisH2 is a novel hydrogen production pathway that enables lifecycle carbon neutral hydrogen from natural gas and renewable energy.

Fidelis New Energy Selects Mason County West Virginia for Lifecycle Carbon Neutral Hydrogen Project, Data Center Campus, and Greenhouse Complex

Retrieved on: 
Wednesday, August 16, 2023

HOUSTON and POINT PLEASANT, W.Va., Aug. 16, 2023 /PRNewswire/ -- Fidelis New Energy®, LLC ("Fidelis") is pleased to announce the selection of Mason County, West Virginia for a lifecycle carbon neutral ("net-zero") hydrogen production facility and low carbon microgrid —The Mountaineer GigaSystem™ ("Mountaineer") and the Monarch Cloud Campus™ for data centers powered by net-zero hydrogen. Mountaineer will be implementing the proprietary FidelisH2® technology that enables production of hydrogen with zero lifecycle carbon emissions from a combination of natural gas, renewable energy, and carbon capture, utilization, and sequestration ("CCUS").

Key Points: 
  • This net-zero carbon hydrogen will be used for a variety of purposes including carbon neutral hyperscale datacenters, greenhouses, transportation, and steel production.
  • And now, we're in a great position to make the most of a new fuel – hydrogen – through this incredible project in Mason County.
  • John Musgrave, the Executive Director of the Mason County Development Authority commented, "The citizens of Mason County are elated with the announcement of Fidelis New Energy selecting Mason County, West Virginia, for its multibillion-dollar state of the art carbon neutral, clean hydrogen complex.
  • FidelisH2 is a novel hydrogen production pathway that enables lifecycle carbon neutral hydrogen from natural gas and renewable energy.

Babcock & Wilcox, General Hydrogen Corp. Agree to Key Terms for Sale of Carbon-Negative Hydrogen and CO2 Produced from Biomass at Louisiana Plant

Retrieved on: 
Monday, August 7, 2023

B&W’s BrightLoop process is an innovative, scalable, chemical looping technology that can produce hydrogen from virtually any feedstock, including solid fuels such as waste wood and other types of biomass.

Key Points: 
  • B&W’s BrightLoop process is an innovative, scalable, chemical looping technology that can produce hydrogen from virtually any feedstock, including solid fuels such as waste wood and other types of biomass.
  • “B&W is focused on producing clean hydrogen or carbon-negative hydrogen in the U.S. and worldwide,” said Joe Buckler, B&W Senior Vice President, Clean Energy.
  • “We are evaluating other potential projects with General Hydrogen and look forward to working with them in support of their hydrogen customers.”
    The project also represents a geographic expansion for General Hydrogen Corp. and CGI Gases.
  • We’re pleased to be collaborating in multiple markets, leveraging B&W’s expertise with General Hydrogen Corp.’s operational and distribution experience.”
    B&W’s BrightLoop facility is targeted for operation in 2026.