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| 12.21.12 |
Shaw Shareholders Approve Transaction with CB&I;
BATON ROUGE, La.–(BUSINESS WIRE)–Dec. 21, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced that, at a special
meeting held today in Baton Rouge, La., its shareholders voted to
approve the definitive merger agreement with CB&I (NYSE: CBI) to acquire
Shaw.
Of the shares voting at today’s special meeting, 99 percent voted in
favor of the transaction. The transaction was approved by 83 percent of
Shaw’s outstanding shares as o… |
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| 12.21.12 |
Shaw to Report First Quarter Fiscal Year 2013 Financial Results Today
BATON ROUGE, La.–(BUSINESS WIRE)–Dec. 21, 2012– The Shaw Group Inc. (NYSE: SHAW) today announced it will report financial results for its first quarter fiscal year 2013 today, Friday, Dec. 21, 2012. Financial results will be filed with the SEC and posted on Shaw’s website (www.shawgrp.com) after the close of market today.
The Shaw Group Inc. (NYSE:SHAW) is a leading global provider of engineering, construction, maintenance, technology, fabrication, remediation and support services for clien… |
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| 12.18.12 |
Shaw Urges Shareholders to Vote on Merger Agreement with CB&I;
BATON ROUGE, La.–(BUSINESS WIRE)–Dec. 18, 2012–
The Shaw Group Inc. (NYSE: SHAW) today urged its shareholders to vote on
the definitive merger agreement with CB&I; (NYSE: CBI) to acquire Shaw.
Shaw’s shareholders of record at the close of business Nov. 30, 2012,
will be able to vote on the merger proposal.
As previously announced, Shaw shareholders will receive approximately
$46 per share in cash and stock ($41 in cash and .12883 shares of … |
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| 11.20.12 |
Shaw Sets Record Date and Special Meeting of Shareholders to Approve Merger Agreement with CB&I;
BATON ROUGE, La.–(BUSINESS WIRE)–Nov. 20, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has scheduled a
special meeting of its shareholders to approve the definitive merger
agreement with CB&I; (NYSE: CBI) to acquire Shaw.
The special meeting will be held Dec. 21, 2012, at 9 a.m. Central at
Shaw’s headquarters located at 4171 Essen Lane in Baton Rouge, La.
Shaw’s shareholders of record at the close of business Nov. 30, 2012,
… |
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| 11.19.12 |
Shaw Announces Organizational Changes
BATON ROUGE, La.–(BUSINESS WIRE)–Nov. 19, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced the following
organizational changes:
Timothy J. Poché, who previously served as Shaw’s senior vice
president and chief accounting officer, will join Shaw’s Power Group as
senior vice president and chief financial officer. In his new role, he
will hold responsibility for all finance and accounting operations
within the Power Group. Mr. P… |
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| 10.19.12 |
Shaw Reports Fourth Quarter and Fiscal Year 2012 Financial Results
BATON ROUGE, La.–(BUSINESS WIRE)–Oct. 19, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced financial results for
fiscal year 2012 and the quarter ended Aug. 31, 2012.
Significant items in the quarter include:
Shaw reported earnings for the fourth quarter of $1.68 per share
including the Westinghouse segment and $1.86 per share excluding the
Westinghouse segment.
Shaw successfully complet… |
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| 10.15.12 |
Shaw to Report Fourth Quarter and Fiscal Year 2012 Financial Results Oct. 19
BATON ROUGE, La.–(BUSINESS WIRE)–Oct. 15, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it will report
financial results for its fourth quarter and fiscal year 2012 Friday,
Oct. 19, 2012. Financial results will be posted on Shaw’s website (www.shawgrp.com)
at approximately 8 a.m. Eastern time that day.
The Shaw Group Inc. (NYSE:SHAW) is a leading global provider of
engineering, construction, technology, fabrication, remediation an… |
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| 10.02.12 |
Shaw to Implement Air Quality Control Program for FirstEnergy Corp.
BATON ROUGE, La.–(BUSINESS WIRE)–Oct. 2, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a
contract by FirstEnergy Corp. for an air quality control program for 22
coal-fired units at eight sites in Ohio, Pennsylvania and West Virginia.
The units represent more than 11,000 megawatts of electric generating
capacity.
Shaw will provide engineering, procurement and construction management
for modern air quality… |
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| 08.31.12 |
Shaw Completes Sale of Energy & Chemicals Business to Technip
BATON ROUGE, La.–(BUSINESS WIRE)–Aug. 31, 2012–
The Shaw Group Inc. (NYSE: SHAW) today completed its previously
announced divestiture of substantially all of its Energy & Chemicals
business to Technip (NYSE Euronext Paris: TEC), effective Aug. 31, 2012.
Proceeds from the transaction were approximately $290 million in cash.
The completion of this transaction also satisfies one of the conditions
of the recently announced agreement for CB&I; (… |
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| 08.06.12 |
Shaw Successfully Concludes Hart-Scott-Rodino Process for Sale of Energy & Chemicals Business
BATON ROUGE, La.–(BUSINESS WIRE)–Aug. 6, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it was informed by the
Federal Trade Commission of the early termination of the waiting period
under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 relating
to the pending sale of its Energy & Chemicals business. Termination of
the waiting period is one of the last remaining hurdles to completing
the sale of the business to Technip, which was … |
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| 07.30.12 |
Shaw Announces Agreement to Be Acquired by CB&I;
BATON ROUGE, La.–(BUSINESS WIRE)–Jul. 30, 2012– The Shaw Group Inc. (NYSE: SHAW) today announced it has signed a definitive merger agreement with CB&I (NYSE: CBI) under which CB&I will acquire Shaw in a cash and stock transaction valued at approximately $3 billion.
Under the terms of the agreement, CB&I will acquire Shaw for $46.00 per share in cash and stock. Shaw’s shareholders will receive $41.00 in cash and $5.00 in CB&I equity (0.12883 shares based on an agreed upon rec… |
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| 07.26.12 |
Shaw Facility Approved for OSHA’s Premiere Recognition Program
BATON ROUGE, La.–(BUSINESS WIRE)–Jul. 26, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced that Shaw Mid States
Pipe Fabricators Inc. has been approved for participation in the
Occupational Safety and Health Administration’s (OSHA) Star Voluntary
Protection Program (VPP).
OSHA recognizes work sites that provide exemplary occupational safety
and health and serve as models for others. After a thorough site
evaluation in February… |
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| 07.12.12 |
Shaw Completes New 585-MW Clean Coal-fired Generating Plant in Virginia
BATON ROUGE, La.–(BUSINESS WIRE)–Jul. 12, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has achieved
substantial completion of the new Virginia City Hybrid Energy Center, a
585-megawatt clean coal-fired generating plant in Virginia for Dominion
Virginia Power. As part of substantial completion, the plant was
operated at its rated capacity and released to Dominion for commercial
operation.
In 2007, Shaw was awarded the en… |
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| 07.10.12 |
Shaw Reports Third Quarter Fiscal Year 2012 Financial Results
BATON ROUGE, La.–(BUSINESS WIRE)–Jul. 10, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced financial results for
the third quarter of fiscal year 2012, which ended May 31, 2012.
Because of the non-cash, non-operational impact on reported earnings
resulting solely from movement in exchange rates between the U.S. dollar
and the Japanese yen, Shaw uses financial results excluding its
Investment in Westinghouse segment to measure and com… |
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| 07.09.12 |
Shaw Announces Organizational Changes
BATON ROUGE, La.–(BUSINESS WIRE)–Jul. 9, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced the following
organizational changes:
Clarence Ray, who previously served as chief executive officer of
Shaw’s Power Group, will join Shaw’s corporate management team as
corporate vice president. In his new role, Mr. Ray will partner with
Shaw’s Environmental & Infrastructure Group to pursue global
opportunities to support infrastructure … |
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| 06.26.12 |
Shaw Announces Third Quarter Fiscal Year 2012 Earnings Conference Call and Live Webcast
BATON ROUGE, La.–(BUSINESS WIRE)–Jun. 26, 2012– The Shaw Group Inc. (NYSE: SHAW) will hold a conference call Tuesday, July 10, 2012, at 9 a.m. Eastern time (8 a.m. Central time) to discuss the company’s financial results for the third quarter fiscal year 2012.
Financial results will be posted on Shaw’s website (http://www.shawgrp.com) at approximately 7 a.m. Eastern time that same day.
Interested parties may either dial 1.800.471.6718 to listen to the conference call live or access a live… |
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| 06.26.12 |
Shaw Awarded New Contract with Saudi Electricity Company
BATON ROUGE, La.–(BUSINESS WIRE)–Jun. 26, 2012– The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a new contract to implement a fleetwide services program for Saudi Electricity Company’s oil and gas-fired power plants throughout the Kingdom of Saudi Arabia.
In April 2010, Shaw was awarded a multi-phase study to define and recommend operational improvements for Saudi Electricity Company’s fleet of power plants. Under the new contract, Shaw will implement a comprehensive as… |
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| 06.18.12 |
Shaw to Install Emissions Reduction Equipment at Boardman Station in Oregon
BATON ROUGE, La.–(BUSINESS WIRE)–Jun. 18, 2012– The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a contract by Portland General Electric to install emissions reduction equipment at Boardman Station, a 585-megawatt coal-fired power plant in northeastern Oregon.
Shaw will engineer, procure and construct a dry sorbent injection system and balance of plant equipment to significantly reduce sulfur dioxide emissions from the plant.
“As new air regulations are finalized on bo… |
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| 06.15.12 |
Toshiba Joins NET Power, Shaw, and Exelon to Develop New Power Generation Technology
DURHAM, N.C., June 15, 2012 /PRNewswire/ — NET Power LLC today announced that Toshiba Corporation (TOKYO:6502), a world-class technology manufacturer, has joined The Shaw Group (SHAW), a leading global engineering services firm, and Exelon Corporation (EXC), the leading U.S. competitive energy provider, to develop NET Power’s novel, clean, gas-fired power generation technology. Last week, Shaw announced that it was making a substantial investment in NET Power LLC.
NET Powe… |
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| 06.06.12 |
Shaw and Exelon Join NET Power to Develop Next-Generation Power Technology
BATON ROUGE, La.–(BUSINESS WIRE)–Jun. 6, 2012– The Shaw Group Inc. (NYSE: SHAW) today announced it is teaming up with NET Power LLC and Exelon to develop a new technology for gas-fired power generation that could result in major benefits for electricity producers and consumers, energy security and the environment.
The new technology, called NET Power, is based on a high-pressure, supercritical carbon dioxide oxyfuel power cycle, which produces cost-effective electric power with little to no… |
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| 05.25.12 |
Shaw to Present at the 2012 Credit Suisse Engineering & Construction Conference
BATON ROUGE, La.–(BUSINESS WIRE)–May. 25, 2012– The Shaw Group Inc. (NYSE: SHAW) today announced J.M. Bernhard Jr., chairman, president and chief executive officer, and Brian K. Ferraioli, executive vice president and chief financial officer, will give a presentation covering Shaw’s business and operations at the 2012 Credit Suisse Engineering & Construction Conference in New York Thursday, June 7, 2012, at 7:40 a.m. Eastern time.
A live audio webcast of the presentation and accompanying sl… |
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| 05.24.12 |
Shaw to Present at J.P. Morgan Diversified Industries Conference
BATON ROUGE, La.–(BUSINESS WIRE)–May. 24, 2012– The Shaw Group Inc. (NYSE: SHAW) today announced J.M. Bernhard Jr., chairman, president and chief executive officer, and Brian K. Ferraioli, executive vice president and chief financial officer, will give a presentation covering Shaw’s business and operations at the J.P. Morgan Diversified Industries Conference in New York Wednesday, June 6, 2012, at 8:45 a.m. Eastern time.
Following the presentation, the slides will be available on Shaw’s web… |
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| 05.21.12 |
Shaw to Sell Energy & Chemicals Group to Technip for Approximately $300 Million
BATON ROUGE, La.–(BUSINESS WIRE)–May. 21, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has entered into a
definitive agreement to sell substantially all of its Energy & Chemicals
business to Technip (NYSE Euronext Paris: TEC).
Under the terms of the agreement, Technip will acquire substantially all
of the business of the Energy & Chemicals Group for approximately $300
million in cash consideration, subject to adjustment based … |
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| 05.16.12 |
Shaw Wins Multiple Year Nuclear Maintenance Contract with Wolf Creek
BATON ROUGE, La.–(BUSINESS WIRE)–May. 16, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has signed a new
contract with Wolf Creek Nuclear Operating Corporation to provide
maintenance and other support services to its nuclear power plant
northeast of Burlington, Kan. The Wolf Creek Generating Station provides
energy for approximately 800,000 residences in Kansas and Missouri.
“Our resume of nuclear maintenance work has prepared … |
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| 05.03.12 |
Shaw’s Ethylene Technology Selected for Eastman’s Furnace in Longview, Texas
BATON ROUGE, La.–(BUSINESS WIRE)–May. 3, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a
contract to provide its proprietary technology and engineering services
for a new Ultra Selective Conversion® (USC) furnace for
Eastman Chemical Company’s ethylene plant in Longview, Texas. Shaw will
also procure the equipment for the furnace.
“Shaw’s Energy & Chemicals Group’s USC furnace technology contains a
range… |
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| 04.30.12 |
Shaw Proceeds with Front-End Engineering Design for Chevron Phillips Chemical’s 1500 KTA Ethylene Plant in U.S.
BATON ROUGE, La.–(BUSINESS WIRE)–Apr. 30, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has executed an
agreement with Chevron Phillips Chemical Company LP (Chevron Phillips
Chemical) to proceed with front-end engineering design (FEED) for a 1.5
million metric tons per year (3.3 billion pounds per year) grassroots
ethylene plant. The scope of work, which will be released in phases,
follows Shaw’s previous award of a contract to license… |
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| 04.19.12 |
Shaw and Westinghouse Receive Final Notice to Proceed on V.C. Summer Nuclear Power Plant
BATON ROUGE, La., Apr 19, 2012 (BUSINESS WIRE) –The Shaw Group Inc. (NYSE: SHAW), along with its AP1000 Consortium team member, Westinghouse, today announced it received full notice to proceed from South Carolina Electric & Gas (SCE&G), principal subsidiary of SCANA Corp., on its engineering, procurement and construction (EPC) contract for two Westinghouse AP1000(R) nuclear power units and related facilities.
Owned by SCE&G and Santee Cooper, the project received approval from the … |
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| 04.12.12 |
Shaw to Present at 16th Annual BURKENROAD REPORTS Investment Conference
BATON ROUGE, La., Apr 12, 2012 (BUSINESS WIRE) –The Shaw Group Inc. (NYSE: SHAW) today announced its vice president of
Investor Relations and Corporate Communications, Gentry Brann, will give
a presentation to investors at the 16th annual BURKENROAD
REPORTS investment conference in New Orleans on Friday, April 27, 2012,
at 8:30 a.m. CDT. The conference is hosted by Tulane University’s
Freeman School of Business.
The presentation will be available at ww… |
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| 03.30.12 |
Shaw Congratulates South Carolina Electric & Gas on Combined License for New Nuclear Units at V.C. Summer Nuclear Station
BATON ROUGE, La.–(BUSINESS WIRE)–Mar. 30, 2012–
The Shaw Group Inc. (NYSE: SHAW) issued the following statement
congratulating South Carolina Electric & Gas (SCE&G;), principal
subsidiary of SCANA Corp., for receiving its combined license (COL) from
the U.S. Nuclear Regulatory Commission (NRC) for two new AP1000®
nuclear power units at V.C. Summer Nuclear Station near Jenkinsville,
S.C.
“Shaw congratulates SCE&G; for achieving the lat… |
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| 03.30.12 |
Shaw Announces Retirement of Gary P. Graphia
BATON ROUGE, La.–(BUSINESS WIRE)–Mar. 30, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced Gary P. Graphia,
executive vice president, will retire from the company effective May 1,
2012.
Mr. Graphia joined Shaw in August 1999 as chief legal officer and
corporate secretary. He later served as executive vice president of
Corporate Development and Strategy and as Shaw’s chief operating
officer. Most recently, in his role as execut… |
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| 03.29.12 |
Shaw Reports Second Quarter Fiscal Year 2012 Financial Results
BATON ROUGE, La.–(BUSINESS WIRE)–Mar. 29, 2012– The Shaw Group Inc. (NYSE: SHAW) today announced financial results for the second quarter of fiscal year 2012, which ended Feb. 29, 2012.
Second Quarter Fiscal Year 2012 Overview:
Plant Services segment awarded a new contract with Arizona Public Service Co. (APS) to provide maintenance and construction services to eight fossil power plants. This follows Shaw’s award in the first quarter to service APS’s nuclear power units.
Southern Co… |
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| 03.26.12 |
Shaw Receives Full Notice to Proceed on Entergy’s Ninemile Combined Cycle Plant
BATON ROUGE, La.–(BUSINESS WIRE)–Mar. 26, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it received full notice
to proceed on a new dual fuel combined-cycle gas turbine (CCGT) plant at
Entergy’s Ninemile Point Steam Electric Station near New Orleans, La.
The 550-megawatt unit at Ninemile is scheduled to begin commercial
operations by the first part of 2015.
“This project is a testament to Shaw’s continued execution for our
… |
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| 03.19.12 |
Shaw Announces Global Polystyrene Licensing Alliance with Total Petrochemicals
BATON ROUGE, La.–(BUSINESS WIRE)–Mar. 19, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has formed an
exclusive alliance with Total Petrochemicals to jointly market and
license Total Petrochemicals’ polystyrene technology on a worldwide
basis. The alliance is based on a licensing cooperation agreement
recently signed by the two companies. Polystyrene, a standard plastic,
is principally used in packaging, domestic appliances and electro… |
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| 03.12.12 |
Shaw Awarded Contract for Deep Catalytic Cracking Technology for Refinery Upgrade Project in Thailand
BATON ROUGE, La.–(BUSINESS WIRE)–Mar. 12, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded
contracts to provide a process design package and technology license for
the addition of a 30,000 barrels per day deep catalytic cracking (DCC)
unit to IRPC’s 215,000 barrels per day refinery in Rayong, Thailand. The
upgrade project will maximize the production of polymer-grade propylene
and recovery of polymer-grade ethylene to be … |
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| 03.08.12 |
Shaw Announces Second Quarter Fiscal Year 2012 Earnings Conference Call and Live Webcast
BATON ROUGE, La.–(BUSINESS WIRE)–Mar. 8, 2012–
The Shaw Group Inc. (NYSE: SHAW) will hold a conference call Thursday,
March 29, 2012, at 9 a.m. Eastern time (8 a.m. Central time) to discuss
the company’s financial results for the second quarter fiscal year 2012.
Financial results will be posted on Shaw’s website (www.shawgrp.com)
at approximately 8 a.m. Eastern time that same day.
Interested parties may either dial 1.800.588.4973 t… |
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| 02.27.12 |
Shaw Wins Fossil Maintenance Contract with Arizona Public Service
BATON ROUGE, La.–(BUSINESS WIRE)–Feb. 27, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has signed a new
contract with Arizona Public Service Co. (APS) to provide maintenance
and construction services to eight fossil power plants in Arizona and
New Mexico. The fossil contract is in addition to Shaw’s contract with
APS to provide maintenance, modifications, construction and radiological
protection services to its Palo Verde Nuclear Gene… |
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| 02.09.12 |
Shaw Congratulates Southern Company on Combined License for New Nuclear Power Units at Plant Vogtle
BATON ROUGE, La.–(BUSINESS WIRE)–Feb. 9, 2012–
The Shaw Group Inc. (NYSE: SHAW) issued the following statement
congratulating Southern Company for approval of its combined license
(COL) from the U.S. Nuclear Regulatory Commission (NRC) for two new AP1000®
nuclear power units at Plant Vogtle near Waynesboro, Ga.
“Shaw congratulates Southern on this major milestone for the Vogtle
project, the first new U.S. nuclear construction commercial po… |
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| 02.07.12 |
Shaw Awarded Fifth Straight Rapid Response Contract from U.S. Army Corps of Engineers
BATON ROUGE, La.–(BUSINESS WIRE)–Feb. 7, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded an
indefinite delivery/indefinite quantity contract to provide worldwide
rapid response services for the U.S. Army Corps of Engineers’ (Corps)
Omaha District. This is the fifth consecutive award to Shaw and its
legacy company dating back to 1989.
Under the terms of the rapid response contract, Shaw will investigate
and… |
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| 02.06.12 |
Shaw Awarded Contract to Revamp Residue Fluid Catalytic Cracking Unit in Thailand
BATON ROUGE, La.–(BUSINESS WIRE)–Feb. 6, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a
contract to provide the technology license and process design package
for the revamp of a residue fluid catalytic cracking (RFCC) unit for
Star Petroleum Refining Company in Map Ta Phut, Thailand. The design
will upgrade the 40,800 barrels per day (bpd) RFCC unit by incorporating
the latest advances in reactor system technology.
… |
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| 02.02.12 |
MOX Project Achievement Underscores Shaw’s Strong Safety Performance
BATON ROUGE, La.–(BUSINESS WIRE)–Feb. 2, 2012–
One of The Shaw Group Inc.’s (NYSE: SHAW) largest and most complex
projects has surpassed 7 million consecutive work hours without a lost
workday from injury. The Mixed Oxide (MOX) Fuel Fabrication Facility in
Aiken, S.C., achieved the milestone through its approximately
2,400-member workforce on Jan. 19, 2012. Achieving 7 million safe work
hours on a project of this scale, importance and complexity d… |
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| 01.26.12 |
Timothy J. Poché Joins Shaw as Chief Accounting Officer
BATON ROUGE, La.–(BUSINESS WIRE)–Jan. 26, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced that Timothy J. Poché
has joined the company as its chief accounting officer. He brings more
than 20 years of experience and was most recently an audit partner at
Deloitte & Touche LLP.
Tim served as Deloitte’s office managing partner and professional
practices director in the New Orleans office. Tim was the lead client
services and audi… |
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| 01.09.12 |
Shaw Awarded Environmental and Restoration Services Contract from U.S. Army Corps of Engineers
BATON ROUGE, La.–(BUSINESS WIRE)–Jan. 9, 2012–
The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded an
indefinite delivery/indefinite quantity contract to provide nationwide
environmental and restoration services for the U.S. Army Corps of
Engineers’ Louisville District.
The scope of work includes munitions response and hazardous, toxic and
radioactive waste project services. Shaw will perform remedial
investigations… |
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