Norsk Hydro to Grow From Broader Oil and Gas Portfolio, Maintains Speed in Aluminium Repositioning

Hydro is well-positioned for long-term profitable growth in its energy and upstream aluminium operations but industry capacity constraints delay oil and gas production growth, the Norwegian-based company said at its Capital Markets Day. Growing Hydro’s oil and gas resource base, pursuing upstream aluminium growth opportunities and maintaining cost control remain top priorities, together with... 

Hydro: Main Construction Contract for Qatalum Awarded

The Qatalum project, a 50% joint venture with Qatar Petroleum and Hydro, to construct a new primary aluminium plant in Mesaieed Industrial City, Qatar, is progressing according to schedule. Today QP and Hydro have signed a key contract with the Canadian company SNC-Lavalin International Inc, for the construction of the main buildings and related project infrastructure. The scope of the contract for... 

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