The contractor does not "admit or deny" charges on legacy project accounting violations, says federal regulator, but it cooperated with financial reporting probe—as agency reached similar pact with former McDermott executives in June.
U.S. Energy Dept selected team, also including Fluor and Cavendish Nuclear, to manage decontamination and decommissioning work at the shuttered Portsmouth Gaseous Diffusion Plant in Piketon, Ohio.
Project development, estimated to occur in the early-to-mid 2030s, will be based on design used in the U.S. Energy Dept. breakthrough effort last December that successfully demonstrated laser fusion power with energy gain.
Giant 10-year O&M contract combines functions of two awards originally planned—one to manage millions of gallons of radioactive waste stored underground at the former weapons site and the other to operate its multi-billion-dollar waste treatment plant awaiting startup.
This two-story, 78,000-sq-ft pharmaceutical manufacturing facility located at a prominent corner of the owner’s 200-acre headquarters campus was designed to produce innovative drugs.
The Gordie Howe will be the longest cable-stayed bridge in North America and fifth-longest in the world, easing congestion at the busiest crossing between the two countries.
The Gordie Howe will be the longest cable-stayed bridge in North America and fifth-longest in the world, easing congestion at the busiest crossing between the two countries.
Despite past troubles and remaining bumps, contractor reported gains in year-end results, with the energy transition set to drive a 10% revenue boost this year, executives told analysts Feb. 22.
Developer plans to establish a $100-million plant outside Bakersfield for its first-of-its-kind project, working with Fluor Corp. and gasification systems maker SunGas Renewables Inc.