Benzinga | Jan 27, 2022 05:06PM EST

B&W Thermal Awarded $6M Contract To Provide Advanced Technology For Gas Conversion Of Middle East Chemical Plant

Babcock & Wilcox (B&W) (NYSE:BW) announced today that its B&W Thermal segment has been awarded a contract for more than $6 million to provide advanced technologies to convert a Middle East chemical plant's six boilers from oil to cleaner, lower-emission fuel. B&W Thermal will design, manufacture and supply dual-fuel burners, main and local gas skids and other equipment and provide commissioning and other technical services.

"The demand for cleaner and more efficient energy generation and industrial technologies in the Middle East is increasing substantially," said B&W Middle East Holdings Managing Director Wassim Moussaoui. "We are seeing significant interest in clean energy technologies, which B&W is well-positioned to provide, as utilities and manufacturers look to reduce emissions, increase efficiency and adopt cleaner energy options."

B&W continues to expand its sales and business development presence globally. Targeted expansion regions include the Middle East, Africa and Asia-Pacific, which have significant opportunities for the company's advanced technologies, including waste-to-energy, biomass, advanced thermal, hydrogen production and environmental solutions.

B&W has been growing rapidly in the Middle East since 2020, increasing its presence in the region and establishing a Middle East headquarters office in Dubai. B&W also has expanded its sales and business development team throughout the region over the last year.