Companies : Page 2702

Alstom to build a turnkey geothermal plant in Indonesia

February 13, 2015 Alstom has been awarded a contract worth over €61 million by PT Pertamina Geothermal Energy to supply and install a 30 MW geothermal plant for the Karaha Power Plant in West Java, Indonesia.

ABB to work on $100m subsea cable for Denmark's largest offshore wind farm

February 13, 2015 ABB got an order worth over $100 million from Energinet.dk, the Danish transmission system operator, to build an alternating current (AC) cable system that will enable the integration and transmission of power from the Kriegers Flak offshore wind farm to the mainland grid.

Korean Air orders Five Boeing 777 Freighters for $1.5 billion

February 13, 2015 Boeing and Korean Air finalized an order for five 777 Freighters. The order is valued at more than $1.5 billion at current list prices.

Chinese subway trains in service for Rio Olympics

February 12, 2015 The first train to run on Line 4 of the Rio de Janeiro metro connecting the Olympic Village to the Copacabana Game Center has been delivered three months after shipment from China.

Rite Aid to acquire EnvisionRx for $2 billion

February 12, 2015 Rite Aid and Envision Pharmaceutical Services have entered into a definitive agreement under which Rite Aid will acquire EnvisionRx, a portfolio company of TPG, in a transaction valued at approximately $2 billion.

SK Hynix launched world's first Low Power DDR4 memory

February 12, 2015 SK Hynix announced that its 8Gb LPDDR4 (Low Power DDR4) has been installed in a brand-new smartphone model for the first time in the industry.

First Solar and Apple in $848 million clean energy deal

February 12, 2015 First Solar, Inc. announced that Apple has committed $848 million for clean energy from First Solar's California Flats Solar Project in Monterey County, California.

Chinese companies files for compensation over suspended Mexico rail project

February 12, 2015 The China Railway Construction Corporation (CRCC) has filed for compensation following the suspension of a high-speed rail project it won in a bidding in Mexico, Mexican media reported.

Glencore will sell 23.9% stake in Lonmin

February 12, 2015 Glencore plc intends during the first half of 2015 to divest its non-core 23.9% stake in Lonmin Plc, which it inherited through the acquisition of Xstrata plc in May 2013.

Halliburton to cut 5,000 to 6,500 jobs on oil price collapse

February 11, 2015 Halliburton Co., one of the world's largest oil-field services companies, said Tuesday it will cut 5,000 to 6,500 jobs to cope with the falling crude prices, the latest in a string of oil-field layoff announcements.

Starwood Hotels & Resorts to spin-off Starwood Vacation Ownership

February 11, 2015 Starwood Hotels & Resorts Worldwide announced plans to spin-off its vacation ownership business, Starwood Vacation Ownership (SVO), into a separate publicly traded company.

Zulu exploration well offshore Norway has been completed as gas discovery

February 11, 2015 Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), has completed the drilling of wildcat well 26/10-1.