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NEWS Click on text to read news by category: General | Product | People | Worldwide

Concord Engineering Wins Engineer Contract for PSEG Keys Energy Center, Maryland

January 14, 2016

Concord Engineering was recently selected by PSEG as their owner’s engineer for a 755 MW power plant through a competitive bidding process between multiple firms based on its experienced combined-cycle engineering staff and the company’s success with previous PSEG projects.

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Ener-Core Completes Construction of 2-MW Power Oxidizer Unit, California

January 14, 2016

Ener-Core, Inc. has completed primary construction of the first-ever 2 MW-sized power oxidizer in December 2015. The unit was assembled on the industrial site of Combustion Associates, Inc. in Corona, CA, and will be integrated with a gas turbine to

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Halliburton and Baker Hughes Respond to European Commission Action

January 14, 2016

Halliburton Company and Baker Hughes Incorporated have noted the decision by the European Commission to initiate a Phase II review of Halliburton’s pending acquisition of Baker Hughes. This decision is a normal step in the Commission’s review process, and the

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GE Moves Headquarters to Boston

January 14, 2016

GE has selected Boston for its corporate headquarters location. “GE aspires to be the most competitive company in the world. Today, GE is a $130 billion high-tech global industrial company, one that is leading the digital transformation of industry. We

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Fluor Named Best Company for Leaders by Chief Executive Magazine

January 14, 2016

Fluor Corporation was named to the 2016 list of best companies for leaders by Chief Executive magazine. Fluor was No. 13 (out of 40) on the list and the only publicly-traded engineering-construction company recognized. “Fluor is proud to be recognized

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Grand Mesa Pipeline Set for Open Season Q2 for Colorado-Oklahoma Oil Pipeline

January 13, 2016

Grand Mesa Pipeline, LLC, a subsidiary of NGL Energy Partners LP, will be conducting an additional open season for its 20-inch pipeline that originates at Lucerne / Riverside, Colorado, and will deliver at least two grades of crude oil from

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Westport Secures $71.3 Million in Financing for Commercial Launch of Key Products

January 13, 2016

Westport Innovations Inc. has entered into an agreement with Cartesian Capital Group for up to $71.3 million in financing to support global growth initiatives. The financing agreement immediately provides $17.5 million in non-dilutive capital with up to $53.8 million in

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Serimax and Technip Sign Strategic Partnership for Pipeline Welding Services

January 13, 2016

Serimax, a Vallourec subsidiary, a world leader in offshore & onshore welding solutions, and Technip, a world leader in project management, engineering and construction for the energy industry, signed an agreement in principle in order to achieve a strategic partnership

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Samson Oil & Gas to Acquire Williston Basin Properties for $16.5 Million

January 12, 2016

Samson Oil and Gas USA Inc. has entered into a contract to acquire a parcel of oil and gas leases, producing oil and gas wells, currently shut-in wells and associated facilities in North Dakota and Montana for a cash price

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Public Service Commission Approves Florida Power & Light’s Gas-fired Power Plant Development

January 12, 2016

The Florida Public Service Commission (PSC) has approved the need for Florida Power & Light Company’s proposed FPL Okeechobee Clean Energy Center. The new high-efficiency power plant is scheduled to begin generating affordable clean energy by mid-2019 to help meet

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