Nuclear Waste Partnership LLC has received a contract extension for management and operations at the U.S. Department of Energy's Waste Isolation Pilot Plant, the company announced Thursday.
The three-year extension, worth an estimated $928 million, provides cost incentives for safe and efficient operations. It also includes an option for two years of additional work.
The Nuclear Waste Partnership LLC is a joint venture between BWX Technologies subsidiary BWXT Technical Services Group, and AECOM.
The WIPP is the nation's only facility where transuranic waste, the by-products of nuclear weapons production and disassembly, can be sent for deep geological disposal.
"BWXT is very pleased to continue our work with AECOM at this important DOE facility," Rex D. Geveden, BWXT's president and chief executive officer, said in a news release. "BWXT's nuclear operations capability is a natural fit for a site like WIPP, and we look forward to applying that experience and expertise in making additional operational and safety enhancements in the next three years."
UAE to open Arab Gulf's first nuclear reactor in 2018
The United Arab Emirates on Monday announced plans to open a nuclear power plant next year, in what would be a first for the emirate and the Arab Gulf region.
The $20-billion Barakah plant west of Abu Dhabi is being constructed by a consortium led by Korea Electric Power Corp.
"We have reached the advanced stages," UAE Energy Minister Suhail Mohammed al-Mazrouei said.
Mazrouei said t … read more
