Image - Transocean Ltd. Announces 2 Year Contract for Ultra-Deepwater Drillship Deepwater Invictus

Transocean Ltd. Announces 2 Year Contract for Ultra-Deepwater Drillship Deepwater Invictus

Transocean Ltd. announced today that the ultra-deepwater drillship Deepwater Invictus was awarded a two-year contract plus three one-year priced options with a subsidiary of BHP Billiton. The backlog associated with the firm contract is approximately $106 million. The contract is expected to commence in the second quarter of 2018. “We are extremely pleased to continue working with BHP,” said President and Chief Executive Office...

Hydro - Energy Efficiency, Natural Gas & LNG - Oct 19, 2017


Image - Wartsila Company American Hydro to increase efficiency and production capacity of John W. Keys III pump-generating plant in Washington, USA

Wartsila Company American Hydro to increase efficiency and production capacity of John W. Keys III p...

The technology group Wartsila and American Hydro - a Wartsila Company since 2016 - are together increasing the efficiency, flexibility and hydropower production capacity of the John W. Keys III pump generating plant. The work covers upgrade of two pump units at the plant, located at the Grand Coulee Dam on the Columbia River in Washington. The Grand Coulee Dam is the largest hydropower project in the United States, generating more than 21 bill...

Hydro - Oct 3, 2017


Image - Statkraft and Norfund swapping shares in international hydropower

Statkraft and Norfund swapping shares in international hydropower

The agreement implies that Statkraft sells all its shares in SN Power to Norfund, while Norfund sells all its shares in Statkraft IH Invest AS (SKIHI) to Statkraft. In addition to the swap of shares, Norfund will make a cash payment to Statkraft. Until today, Statkraft and Norfund have owned 50 percent each in SN Power, which owns hydropower plants in Panama, Laos, Phillippines and Zambia. At the same time Statkraft has owned 81.9% and Nor...

Hydro - Sep 28, 2017




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