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We are pleased to announce the appointment of Mr. Richard Matthews as the President of NDT Global.

With more than 30 years' experience in the oil and gas industry and most recently the position of Operations Director for PIMS of London, Mr. Matthews' appointment supports NDT Global's visionary product strategy and continued growth in developing service solutions to meet the future needs of the industry.

"I am both honored and delighted to be the President of NDT Global. I believe our customer-driven research and development focus, along with a commitment to operational rigor and discipline, ensures that we continue to offer the best value pipeline assurance solutions in the industry." Mr. Matthews commented.

Based at our headquarter office, he will be responsible for implementing the organization's strategy and driving the day-to-day business of the company, including the delivery of high-accuracy pipeline robotic solutions for the inspection of cracks, metal loss and mechanical damage to the oil, gas and petrochemical industries worldwide.

SGS and Baker Hughes, a GE company (NYSE: BHGE), announced today a Strategic Alliance Agreement (SAA) for the joint deployment and commercialization of BHGE's real-time software and sensor-based Predictive Corrosion Management (PCM) solution. Leveraging the capability of the Industrial Internet of Things (IIoT), PCM will enable asset owners to increase their ability to monitor their facilities, and detect and predict corrosion issues using real-time data powered by BHGE's ultrasonic sensing technology and advanced analytics. François Marti, SGS Chief Operating Officer North America, and Holger Laubenthal, CEO of Inspection Technologies for BHGE, signed the SAA in the presence of customers and company officials during a recent conference in Houston.

"This partnership with BHGE will enable SGS to broaden its asset integrity service offering with advanced digital inspection solutions that will greatly benefit our oil & gas clients," said François Marti, SGS COO North America.

PCM generates wall thickness and temperature measurements from Rightrax PM ultrasonic sensors placed on critical equipment such as pipes, tanks, and vessels; the solution applies advanced analytics, resulting in real-time assessment of data that has traditionally been gathered through risky and time-consuming manual inspections. While particularly valuable to oil & gas downstream, petrochemical, and upstream asset operators, PCM can help any industry segment challenged by corrosion-related risk. PCM is one essential tool to help asset owners benefit from enhanced plant reliability and integrity programs, while maximizing operational safety and extending asset life.

"PCM is one of our core offerings to help customers make the invisible, visible," said Holger Laubenthal, CEO of Inspection Technologies for BHGE. "We are looking forward to working with SGS to accelerate deployment of PCM, a predictive digital solution that is becoming a benchmark for corrosion monitoring across several industries. This agreement will play a key role in improving safety, reducing equipment downtime, and improving operations for our customers globally."

SGS provides visual inspection and non-destructive testing services to large industrial assets, both in-service and during regular shutdown events, helping to ensure industrial asset integrity globally. BHGE's Inspection Technologies business, part of its Digital Solutions segment, has been one of SGS' suppliers of non-destructive testing (NDT) technology for years and is itself providing industrial asset owners with critical technological solutions and services. Combining SGS' broad network and asset integrity expertise with BHGE's technological expertise will ensure rapid deployment of PCM, and drive scale in the market for inspection and maintenance services and technology.

About SGS
SGS is the world's leading inspection, verification, testing and certification company. SGS is recognized as the global benchmark for quality and integrity. With more than 95,000 employees, SGS operates a network of over 2,400 offices and laboratories around the world. Visit us at https://www.sgs.com/en/campaigns/predictive-corrosion-management

About BHGE
Baker Hughes, a GE company (NYSE: BHGE) is the world's first and only full stream provider of integrated oilfield products, services and digital solutions. We deploy minds and machines to enhance customer productivity, safety and environmental stewardship, while minimizing costs and risks at every step of the energy value chain. With operations in over 120 countries, we infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world. Visit us at BHGE.com.

IR Supplies and Services Teams Up With Educator to Further Skills of Developing Experts
 
Edmonton, Alberta—In conjunction with NAIT’s recent celebration on their record-breaking fundraising campaign and the upcoming opening of their Productivity and Innovation Centre, IR Supplies and Services is pleased to announce their contribution to furthering the studies of future professionals in the NDT (non-destructive testing) industry.
 
Robbie VanHoek, Manager of Business Development at IR spoke about the company’s commitment during Tuesday’s announcement.  
“Over the last year we have had the opportunity to partner with NAIT on helping to expand their NDT program in the new centre.   By working with our vendors, IR has been able to donate new equipment and additional support to NAIT. The number one resource in our industry is our people – the future generation of NDT.  Supporting that is a priority for us.”  
 
NAIT’s NDT program will be housed in the new Productivity and Innovation Centre (PIC), scheduled to open this fall. PIC will be NAIT’s front door to industry, offering services and solutions to help Alberta companies become more innovative, productive and competitive.
 
As the technical aspects of the NDT industry continue to evolve, the need for new equipment and supporting the training for the use of that equipment is important for those who undertake the program. 
 
Brian Pardell, NAIT’s Associate Vice President of Continuing Education and Workforce Development said it’s important for the polytechnic to collaborate with industry. “IR’s donation of equipment for NAIT’s NDT program is a true testament to the partnership between industry and NAIT. This donation allows NAIT to ensure that our programing is aligned to the changing needs of industry and that our graduates are trained and ready to work with the right skill set when they begin their careers.”
 
IR’s contribution could not have been made without the cooperation of their suppliers, with whom they share a valued relationship.

About IR Supplies and Services
IR Supplies and Services has been a trusted source for NDT equipment in Canada since 2004.  They supply top products and brands, perform non-destructive testing research, provide NDT training courses and perform maintenance, repair, and equipment calibrations. IR leverages both outside partners and internal capabilities to bring the most comprehensive and high-quality NDT equipment to customers.

 

About NAIT
The Northern Alberta Institute of Technology (NAIT) is a leading Canadian polytechnic, delivering education in science, technology and the environment; business; health and trades. With nearly 60,000 credit and non-credit students and a 95 per cent employer satisfaction rate, NAIT grads are essential to Alberta’s prosperity. Known for hands-on, technology-based learning, NAIT engages with business and industry in applied research and innovation and provides corporate training around the world. Recognized as one of Alberta’s top employers, NAIT provides outstanding returns on investment for its graduates, partners, the provincial government and the people of Alberta.
 
 
For further information contact: Barbara Daley, Marketing Manager, IR Supplies and Services, barb@irss.ca, 780-452-4761

As a world leader in advanced non-destructive testing (NDT) inspection technologies, Eddyfi Technologies is thrilled to confirm the acquisition of M2M, a renowned developer and manufacturer of phased array ultrasonic testing (PAUT) instruments for NDT.

With its head office in Paris, France, M2M has become, over recent years, the reference in high-end portable PAUT flaw detectors with real-time total focusing method (TFM) and hot, new products such as Gekko™ and Mantis™. M2M employs 60 people in France, the USA, and China, and sells to major customers in industries such as oil & gas, aerospace, power generation, and manufacturing.

Read more on the Eddyfi website.

BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has been awarded a contract valued at approximately CA$642 million from Bruce Power to design and supply 32 steam generators for Bruce Power’s Major Component Replacement (MCR) Project.

The original contract for Bruce Power’s Unit 6 steam generators, previously announced in July 2016 and amended in August 2017, has been amended to include an additional 24 steam generators (including steam drums) for Bruce Units 5, 7 and 8.

This steam generator contract represents the largest contract ever to be awarded to BWXT Canada and will secure many jobs in both engineering and skilled labour in Cambridge through 2030.

Commencing in 2020, MCR is part of Bruce Power’s Life-Extension Program, which will allow the eight-unit site to operate to 2064, and provide over 30 percent of Ontario’s electricity for decades.

Work related to this contract will commence immediately with deliveries occurring through 2030.

“The steam generator contract allows us to secure very long-term work for our Cambridge, Ontario facility, which sustains jobs for many of our highly skilled and talented employees for many years to come,” said President of BWXT Canada, John MacQuarrie. “The life extension of Bruce Power’s nuclear reactors is vital to the supply of clean, low-cost and reliable power for Ontarians, and we are so proud to be part of this project.”

“This ‘Made in Ontario’ agreement is good news for employees of BWXT, as well as the economy of the greater Cambridge area,” said Mike Rencheck, Bruce Power’s President and CEO. “Bruce Power’s supply chain acquires 90 percent of its goods and services right in Ontario, investing $4 billion into the province’s economy annually, while creating and sustaining 22,000 jobs directly and indirectly every year, including here in the Cambridge area.”

Bryan May, Member of Parliament for Cambridge, said, “The award of this contract by Bruce Power is a tremendous win for the City of Cambridge and means jobs in Waterloo Region. I am proud to see BWXT Canada playing a major role in ensuring the success of the most significant energy infrastructure project for the Province of Ontario.”

“Today’s announcement is an indication of the incredible engineering and manufacturing talent we have right here in Cambridge,” said Member of Provincial Parliament for Cambridge, Kathryn McGarry. “I’m so pleased that BWXT will continue to support Bruce Power in their contribution to clean, low-cost and reliable power for Ontarians for many years to come.”

“This contract means a lot to both the talented people of BWXT and the City of Cambridge,” said Mayor of Cambridge, Doug Craig. “For over 170 years, BWXT has been a prominent employer in our city, and we look forward to their continued success.”

Forward Looking Statements
BWXT cautions that this release contains forward-looking statements, including statements relating to the performance, timing, impact and value, to the extent contract value can be viewed as an indicator of future revenues, of the steam generator contract. These forward-looking statements involve a number of risks and uncertainties, including, among other things, modification or termination of the contract and delays. If one or more of these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see BWXT’s annual report on Form 10-K for the year ended December 31, 2017 and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. BWXT cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this release, and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.

About BWXT Canada Ltd.
BWXT Canada Ltd. (BWXT Canada) has over 60 years of expertise and experience in the design, manufacturing, commissioning and service of nuclear power generation equipment. This includes CANDU ® and Pressurized Water Reactor steam generators, heat exchangers, nuclear fuel and fuel components, other critical plant components, parts and related plant services. Headquartered in Cambridge, Ontario, BWXT Canada has approximately 1,100 employees at locations in Cambridge, Peterborough, Toronto and Arnprior, Ontario. BWXT Canada is a subsidiary of BWX Technologies, Inc. (NYSE:BWXT). BWXT is a leading supplier of nuclear components and fuel to the U.S. government; provides technical, management and site services to support governments in the operation of complex facilities and environmental remediation activities; and supplies precision manufactured components, fuel and services for the commercial nuclear power industry. Learn more at www.BWXT.com.

About Bruce Power
Bruce Power supplies 30 percent of Ontario’s electricity at 30 percent less than the average cost to generate residential power. Extending the operational life of the Bruce Power units to 2064 will create and sustain 22,000 direct and indirect jobs every year, create CA$4 billion in annual Ontario economic benefit, and will ensure low-cost, clean and reliable energy for Ontario families and businesses.

Formed in 2001, Bruce Power is an electricity company based in Bruce County, Ontario. We are powered by our people. Our 4,200 employees are the foundation of our accomplishments and are proud of the role they play in safely delivering clean, reliable, low-cost nuclear power to families and businesses across the province. Bruce Power has worked hard to build strong roots in Ontario and is committed to protecting the environment and supporting the communities in which we live. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube.

News via BWXT website.

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