Babcock & Wilcox Canada Awarded Nuclear Steam Generator Contract.NEW ORLEANS--(BUSINESS WIRE)--Aug. 10, 1998--McDermott International, Inc. (NYSE NYSE See: New York Stock Exchange :MDR MDR, n See multidrug resistance. MDR, n the abbreviation for minimum daily requirement, specifically the Minimum Daily Requirements for Specific Nutrients compiled by the United States Food and Drug Administration. ) announced today that its Babcock & Wilcox unit has been awarded a contract valued at just under $100 million to supply four nuclear steam generators for the steam generator replacement project at the Baltimore Gas and Electric, Calvert Cliffs nuclear power plant The Calvert Cliffs Nuclear Power Plant (CCNPP) is a nuclear power plant located on the western shores of the Chesapeake Bay in Lusby, Calvert County, Maryland. The plant has two 2700 megawatt thermal (MWth) Combustion Engineering pressurized water reactors. on Chesapeake Bay in Calvert County, Maryland Calvert County is a small county located in the U.S. state of Maryland. It is a peninsula bordered on the east by the Chesapeake Bay and on the west by the Patuxent River. Calvert County is part of the Southern Maryland region. As of 2004, the population is 86,474. . The contract was awarded by The Steam Generating Team, Ltd., a company jointly owned by Morrison Knudsen Corporation and Duke Engineering & Services. Babcock & Wilcox's Canadian operations will supply four steam generators for the two-unit pressurized-water power plant. Each unit is rated at 850MW. Babcock & Wilcox Canada's responsibilities include the design, manufacture, and delivery of the steam generators. The first two will be delivered by November 15, 2001, with the second two by November 15, 2002. They will be installed during scheduled outages in the Spring of 2002 and 2003. Babcock & Wilcox Canada, based in Cambridge, Ontario, serves the North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. electric utility and industrial markets and the global nuclear utility market. The Babcock & Wilcox Company is an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of McDermott International, Inc. (NYSE:MDR), a leading worldwide energy services company. McDermott and its subsidiaries manufacture steam-generating equipment, environmental equipment, and products for the U.S. government. They also provide engineering and construction services for industrial, utility and hydrocarbon processing facilities, and to the offshore oil and natural gas industries.
CONTACT: McDermott International Inc., New Orleans
Don Washington, 504/587-4080
http://mcdermott.com
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