Image - Transocean Ltd. Receives Early Termination Notice on the Discoverer Clear Leader

Transocean Ltd. Receives Early Termination Notice on the Discoverer Clear Leader

Transocean Ltd. announced today that a subsidiary of Chevron elected to exercise its contractual option to terminate the drilling contract for the ultra-deepwater drillship Discoverer Clear Leader, effective November 2017, prior to its expiration in October 2018. In accordance with the contract terms, Transocean will be compensated through a lumpsum payment of approximately $148 million in contract termination fees, which is the present value ...

Oil and Gas - Energy Efficiency, Hydro - Sep 21, 2017


Image - Energy/Electricity Hedging, Trading, Futures, Options & Derivatives Seminar

Energy/Electricity Hedging, Trading, Futures, Options & Derivatives Seminar

This seminar is the energy & electric power industry's most comprehensive two-day training program on this topic. This proven program is for professionals who are looking for a comprehensive and clearly explained understanding of natural gas, oil and electricity financial instruments, the markets they trade in, and how these powerful tools can be used to manage risk and structure profitable transactions. Register to attend this...

Oil and Gas - Sep 19, 2017


Image - SGT-800 industrial gas turbine delivers even more power and higher efficiency

SGT-800 industrial gas turbine delivers even more power and higher efficiency

Siemens is now offering its SGT-800 industrial gas turbine with a power output of 57 megawatts (MW) and an electrical efficiency of more than 40% in simple cycle application. In a combined cycle configuration the power output is 163 MW at a net efficiency of more than 58.5%. The company will present this upgrade for the first time at this year's Power-Gen Asia trade show in Bangkok. The SGT-800 is now available with power output from 47.5 MW to 5...

Oil and Gas - Sep 18, 2017




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