Company News

Wärtsilä has been contracted to supply the ship designs for three new platform supply vessels (PSVs).

The Babcock & Wilcox Company (B&W)and FirstEnergy Corp. announced today that FirstEnergy and a B&W subsidiary, Generation mPower LLC (GmP), have signed a Memorandum of Understanding regarding studies on the potential deployment of the B&W mPowerTM small modular reactor in FirstEnergy’s service territory. FirstEnergy and GmP plan to work together to perform an independent financial review of mPower economics, evaluate several alternative potential sites for construction of B&W mPower plants, complete a preliminary pre-licensing analysis, and assess the need and timing for prospective deployment of B&W mPower plants in the FirstEnergy generation fleet.

Fluke Engenharia, an Acteon company, has won a new contract from Subsea 7 to fabricate 27 suction piles for use in the Guará–Lula field, which is part of the pre-salt cluster in the Santos basin, offshore Brazil. Fluke Engenharia will manufacture the products at its Macaé facilities and will deliver them over the course of 2012.

 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.

Williams announced today that it is exploring building a propane dehydrogenation (PDH) facility in Alberta, Canada.

S.J. (Sherman) Glass, Jr., president, ExxonMobil Refining & Supply Company, and vice president, Exxon Mobil Corporation has elected to retire on 1 August 2012, after over 40 years of service. It is anticipated that the board of directors of Exxon Mobil Corporation will appoint D.W.

Wison Engineering Ltd. has been officially awarded an EPC contract by PDVSA Petroleo, S.A. (PDVSA), at the Puerto la Cruz oil refinery.

Anadarko Petroleum Corporation announced that Robert D. "Doug" Lawler, formerly Vice President, Operations, has been promoted to Sr.

juwi, a project developer for renewable energies, has chosen Martin Winter as the new Chief Financial Officer of juwi Group.

Hunter Automated Machinery announced the completion of an asset buyout of the company and all its foreign subsidiaries by current President Bill Hunter.