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Image - Chevron Concludes Sale of Geothermal Operations in Indonesia

Chevron Concludes Sale of Geothermal Operations in Indonesia

Chevron Corporation announced that its wholly-owned subsidiaries have completed the sale of Chevron's geothermal business in Indonesia to Star Energy Consortium. Chevron received the cash proceeds upon settlement on March 31, and will reflect the gain in first quarter 2017 results. The conclusion of the sale of Chevron's geothermal business in the Philippines is expected later in 2017. Chevron Corporation is one of the world's leading integrat...

Geothermal Energy - Apr 3, 2017


Image - BP Awards Schlumberger Contract for Mad Dog 2 Project

BP Awards Schlumberger Contract for Mad Dog 2 Project

OneSubsea, a Schlumberger company, today announced the award by BP of an engineering, procurement and construction (EPC ) contract to supply the subsea production system for the Mad Dog 2 development in the Gulf of Mexico. The scope of this supplier-led solution includes subsea manifolds, trees, control system, single and multi-phase meters, water analysis sensors, intervention tooling and test equipment for producer and water injection wells...

Geothermal Energy - Mar 21, 2017


Image - Ormat Technologies Announces Closing of the Acquisition of Viridity Energy

Ormat Technologies Announces Closing of the Acquisition of Viridity Energy

Ormat Technologies, Inc today announced that it has closed its previously announced acquisition of substantially all of the business and assets of Viridity Energy, Inc. (VEI). VEI is a privately held Philadelphia-based company with nearly a decade of expertise and leadership in demand response, energy management and storage. Using proprietary software and solutions, VEI serves primarily retail energy providers, utilities, and large industrial ...

Geothermal Energy - Mar 15, 2017




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