Babcock & Wilcox Nuclear Operations Group has received a contract from the US Naval Reactors Program worth about $366 million for the procurement of material to be used in the assembly of nuclear propulsion components at B&W NOG’s Lynchburg, Va. facility. At this time, $75 million has been released to B&W, with the remaining amount expected to be funded over the next six fiscal years (2014-2019).
OriginOil, which has developed an energy production process for harvesting algae and cleaning up oil and gas water, has named Clean Water Technology to manufacture commercial-scale equipment for its performance-based water cleanup program. Under the agreement, OriginOil will supply Clean-Frac machines to oil and gas service companies on a pay-per-gallon basis. Each machine will be operated under a separate joint venture. Water resource engineering firm Pace will provide design engineering support. This allows service companies to achieve cost savings by recycling rather than trucking frack and produced water offsite, OriginOil says.
American Water and Steam Control have received a $1.8 million, two-year award from the Israel-US Binational Industrial Research and Development Foundation to develop an advanced pressured management system. The research project intends to increase operational efficiency by reducing water waste. It will install modifications on existing pressure system controls that could reduce pressure in a system in response to reduced customer demand. International efforts to reduce leakage have confirmed that reducing excessive pressure not only reduces the volume of leaks through pipes but reduces the frequency of pipe failures, the companies say.
OPX Biotechnologies and Evonik Industries have entered into an agreement to jointly develop certain bio-based specialty chemicals. The agreement calls for OPXBio to use its proprietary efficiency directed genome engineering (EDGE) technology to develop the bio-processes. OPXBio will also be able to market bio-based products resulting from the Evonik collaboration.
