Projects

Companies competing for US federal funds to support the development of operational small modular reactors (SMRs) have been keen to report progress in their respective projects, including a first control room simulator and the launch of a fuel technology centre. NuScale Power is claiming a world first with the commissioning of a control room simulator to model the operation of its SMR design.

   Chicago Bridge & Iron has entered into a definitive agreement to acquire Shaw Group. Shaw Group is a Fortune 500 company, primarily servicing customers in the power generation and the government services sector.

Oil States International Inc. subsidiary Oil States Industries Inc. has entered into a definitive asset purchase agreement to acquire Piper Valve Systems Ltd.   Oklahoma City, OK-based Piper Valve Systems designs and manufactures hig-pressure valves and manifold components for offshore, onshore and subsea oil and gas projects.

Fluor Corporation has formed a new joint venture called CFPS Engenharia e Projetocs, S.A. with Sao Paolo, Brazil-based Construcap to pursue engineering, procurement and construction management projects in the country.

A consortium led by Petrobras has authorized 10 contracts for six topsides modules. The contracts are valued at $4.5 billion.

 Enbridge Inc. (ENB) will spend up to USD 494.2 million more on safety features for its proposed Northern Gateway oil pipeline to Canada's western coast.

Austin, Texas-based carbon-capture firm Skyonic Corp. has raised USD$9 million from investors which include prominent oil and gas industry players. The funds will be used to begin construction on a full-scale manufacturing facility.

Jacobs Engineering Group Inc. announced that it received a five-year contract from Shell Canada Energy for front end engineering design, engineering, procurement, construction support, commissioning support and related services for the Jackpine Mine Tailings and Infrastructure Program.

ABB has won orders worth $55 million from Canadian utility BC Hydro to deliver flexible alternating current transmission systems (FACTS) solutions that help increase transmission capacity through new and existing power lines.

Expro has been awarded a USD$3.4 million, two-year contract working on the Who Dat project in the Gulf of Mexico for LLOG Exploration. Expro will be providing subsea test trees for the project on the Mississippi Canyon Block 547.