(IN BRIEF) Equinor has reached an agreement to divest its Nigerian business, including its 53.85% ownership in oil and gas lease OML 128, which encompasses a 20.21% stake in the Agbami oil field operated by Chevron, to Nigerian-owned Chappal Energies. … Read the full press release
(IN BRIEF) Hydro, a leading global aluminium company, has announced its strategic direction for the coming decade, focusing on capturing opportunities in the growing demand for low-carbon aluminium. The company aims to achieve this by stepping up its efforts in … Read the full press release
(IN BRIEF) GreenPowerMonitor (GPM), a subsidiary of DNV, has unveiled its innovative Hybrid Power Plant Controller (GPM Hybrid PPC) designed to revolutionize the management of hybrid power plants. Unlike conventional renewable energy plants that rely on a single power source, … Read the full press release
(IN BRIEF) Hydro, a global aluminium producer, has signed a significant agreement with Sanvira Tech LLC to secure a stable supply of carbon anodes from Oman for its Norwegian aluminium smelters. The contract spans eight years with extension options and … Read the full press release
Posted in Business, Industrial, Metals and Minerals, Norway
Tagged Aluminium Smelters, carbon anodes, Eivind Kallevik, Hydro, Norway, Oman, Sanvira Tech LLC
(IN BRIEF) Skanska, in collaboration with Syltern, has secured a contract with Nye Veier to construct the new E6 highway segment between Berkåk and Vindåsliene in Trøndelag County, Norway. Skanska’s portion of the contract is valued at NOK 1.3 billion, … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged E6 Highway, Norway, partnership, Skanska, sustainability, Syltern
(IN BRIEF) DNV, in partnership with Siemens Energy and major industry players, has initiated a Joint Industry Project (JIP) aimed at improving the sustainability, reliability, and environmental responsibility of power transformers, critical components of the energy infrastructure. The project responds … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Christina Iosifidou, DNV, Joint Industry Project (JIP), Mohammad Reza Shah Mohammadi, partnership, power transformers, Prajeev Rasiah, Siemens Energy, sustainability
(IN BRIEF) Equinor ASA has disclosed the dividend payouts for the second quarter of 2023. The company will distribute an ordinary cash dividend of USD 0.30 per share and an extraordinary cash dividend of USD 0.60 per share. The NOK … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged 2023 Dividend Payouts, Equinor, Financial, investment
(IN BRIEF) DNV has entered into an agreement to provide a wide range of inspection services for the East Anglia Three offshore wind project, which is set to become the world’s second-largest wind farm upon its operation in 2026. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology, United Kingdom
Tagged DNV, East Anglia, inspection services, Lamia Ziam, Mohamed Houari, offshore wind farm project, partnership, Ross Ovens, sustainability
(IN BRIEF) PGNiG Upstream Norway, a subsidiary of the ORLEN Group, is set to take control of KUFPEC Norway, a hydrocarbon producer, significantly boosting the ORLEN Group’s natural gas output in Norway by over one-third, reaching 4 billion cubic meters … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway, Poland
Tagged acquisition, Daniel Obajtek, KUFPEC Norway, natural gas, Norway, ORLEN Group, partnership, PGNiG, Poland, sustainability
(IN BRIEF) Philips’ AI-enabled clinical applications platform, in collaboration with Norwegian healthcare provider Vestre Viken Health Trust, is helping accelerate the diagnosis of bone fractures in Norway. The AI-based bone fracture radiology application deployed on Philips AI Manager streamlines the … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Financial, Government, Healthcare, Industrial, Investment, Management, Netherlands, News, Norway, Science, Technology
Tagged AI platform, Bone Fracture, Cecilie B. Løken, healthcare system, Martijn Hartjes, Norway, partnership, Philips, Philips AI Manager, Vestre Viken Health Trust
(IN BRIEF) Yara International, a global ammonia player, has entered into a significant commercial agreement with Northern Lights, a CO2 transport and storage provider, to enable the cross-border transportation and storage of CO2. This collaboration aims to reduce Yara’s annual … Read the full press release
(IN BRIEF) On November 16, 2023, transmission system operators TenneT and Statnett signed a Memorandum of Understanding (MoU) to investigate the feasibility of a hybrid interconnector linking Germany and Norway in the North Sea. Instead of connecting North Sea wind … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Norway
Tagged Germany, Hybrid Interconnector, North Sea, Norway, partnership, Statnett, sustainability, Tennet, Tim Meyerjürgens, wind energy
(IN BRIEF) DNV and Berenschot have announced the forthcoming release of guidelines for reporting the CO2 footprint in additive manufacturing (AM), often referred to as industrial 3D printing. The guidelines are part of the ongoing AM ProGRAM Joint Industry Project … Read the full press release
(IN BRIEF) DNV and 14 industry partners, including RWE, Vattenfall, Ørsted, and others, have completed phase 1 of the Emission Reduction (EMRED) Joint Industry Project (JIP), which aims to develop a monitoring and reporting framework for quantitatively assessing greenhouse gas … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Arnstein Eknes, Atheloen and Fred, Cadeler, DEME, DNV, Emission Reduction Framework, GustoMSC, Heerema, Jan De Nul Group, Jan Schanke-Jørgensen, Maersk Supply Service, Offshore wind, partnership, Peter Staal, RWE, Scottish Power Renewables, sustainability, Van Oord, Vattenfall, Ziton, Ørsted
(IN BRIEF) Hydro Extrusions, a leading aluminum manufacturer, has joined forces with UK startup Watt Electric Vehicles (WEVC) to supply recycled, low-carbon aluminum extrusions for WEVC’s upcoming electric commercial vehicle, the eCV1. This collaboration aims to reduce the vehicle’s weight … Read the full press release
Posted in Automotive, Business, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Technology, United Kingdom
Tagged eCV1, electric commercial vehicle, Hydro Extrusions, Hydro Tibshelf, innovative, low-carbon aluminum, Norsk Hydro, partnership, Paul Warton, sustainability, Watt Electric Vehicles
(IN BRIEF) Europris, a leading retail company in Norway, has selected Maersk’s ECO Delivery product to make substantial reductions in greenhouse gas (GHG) emissions associated with its seaborne logistics. The collaboration aims to align with Europris’ strategic goal of reducing … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway, Retail, Technology, Transportation & Logistics
Tagged Birna Odefors, ECO Delivery Ocean, Europris, Greenhouse Gas Reductions, Maersk, Norway, Pål-Christian Andersen, partnership, Seaborne Logistics, sustainability
(IN BRIEF) Hydro, the Norwegian aluminum company, has celebrated a decade of investment in the Pará Biodiversity Research Consortium (BRC) in Brazil, amounting to approximately BRL 15 million. Over the years, the BRC has transformed from a formal agreement into … Read the full press release
Posted in Business, Education, Environment, Financial, Government, Industrial, Investment, Management, Metals and Minerals, News, Norway, Science
Tagged Biodiversity Research Consortium, Brazil, Eduardo Figueiredo, Hugo de Boer, Hydro, investment, Marlúcia Martins, mining, partnership, Professor Gracialda Ferreira, sustainability
(IN BRIEF) Norwegian company Hydro is grappling with a potential disruption in its power supply as Markbygden Ett AB, a power supplier with whom Hydro has a long-term contract, enters into a company reorganization process under the Swedish Reorganization Act. … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, News, Norway
Tagged Hydro, Markbygden Ett, Power Supply Disruption
(IN BRIEF) DNV’s “Pathway to Net Zero Emissions” report emphasizes the need for immediate and lasting emissions reductions to limit global warming to 1.5°C. The report acknowledges that achieving a fully fossil-free energy system by 2050 is unrealistic and instead … Read the full press release
(IN BRIEF) Advansia, a part of AFRY, has been granted a framework agreement to provide project management services for multiple hospital construction projects in Southeastern Norway, replacing the existing agreement with the Regional Health Authority. The South-Eastern Norway Regional Health … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Advansia, AFRY, Christopher Klepsland, Healthcare, Hospital Construction Projects, partnership, Southeastern Norway, sustainability
(IN BRIEF) Equinor has announced a commercially viable gas discovery near the Gina Krog field in the North Sea. Although the discovery is relatively small, it is considered commercially viable due to its ability to leverage existing infrastructure by the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway
Tagged Camilla Salthe, Commercially Viable Gas, Equinor, Gina Krog Field, KUFPEC, North Sea, partnership, PGNiG, sustainability
(IN BRIEF) DNV, a leading energy expert and assurance provider, is collaborating with KREDO Offshore, a Korean renewable energy developer, to advance offshore wind farm projects in South Korea. DNV is overseeing the deployment and monitoring of seven Floating Lidar … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Norway, Technology
Tagged assurance provider, Brice Le Gallo, DNV, energy expert, Floating Lidar System, KREDO Offshore, Mike Hallett, Offshore wind, offshore wind farms, renewable energy, South Korea, wind farm, wind measurement project, Yoon Woo Sik
(IN BRIEF) Advansia, a subsidiary of AFRY, has been awarded two significant framework agreements aimed at facilitating the development and expansion of Norway’s power transmission network. Statnett, the state-owned enterprise responsible for the country’s power transmission system, is in the … Read the full press release
(IN BRIEF) Continental has acquired Vertech AB, a conveyor and maintenance company located in Kiruna, Northern Sweden. Vertech AB specializes in servicing the conveyor industry in mining areas of Sweden and Norway. This acquisition is part of Continental’s strategy to … Read the full press release
Posted in Automotive, Business, Environment, Financial, Industrial, Investment, Management, Metals and Minerals, News, Norway, Sweden
Tagged acquisition, Continental, Norway, partnership, sustainability, Sweden, Vertech AB
(IN BRIEF) Global listed real estate has experienced a significant correction, with a 25% drop in EUR terms since the beginning of 2022, leading to property companies trading at a 20% discount to their net asset value (NAV). In Europe, … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Norway, Real Estate
Tagged Bargain Valuations, Economic Outlook, Financial, investment, real estate, SKAGEN
(IN BRIEF) Equinor and RWE have signed a new supply agreement for natural gas, covering a period of five years starting in October. The agreement entails the supply of 10 to 15 terrawatt hours (TWh) of natural gas annually, strengthening … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Helge Haugane, natural gas, partnership, RWE, sustainability, transition
(IN BRIEF) RWE, an energy company based in Germany, has signed a new supply agreement with Equinor, a Norwegian energy company, for natural gas. The agreement spans five years, starting in October, with an annual volume ranging from 10 to … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Norway
Tagged Andree Stracke, energy security, Equinor, Germany, Helge Haugane, Natural Gas Supply, Norway, partnership, RWE, sustainability, transition
(IN BRIEF) RWE and Equinor have entered into a new supply contract for 10 to 15 terawatt hours (TWh) of natural gas annually, spanning until 2028. This collaboration strengthens their longstanding partnership and aims to enhance security of supply and … Read the full press release
(IN BRIEF) Norsk Hydro ASA has provided details of transactions made under its share buyback program, which commenced on September 22, 2023, and is set to conclude on February 29, 2024. The program has involved multiple transactions, with varying daily … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, Metals and Minerals, News, Norway
Tagged Financial, investment, Norsk Hydro, Share Buyback Program
(IN BRIEF) Yara Growth Ventures and Navigator Holdings have invested 5.4 million EUR in Azane Fuel Solutions, a Norwegian ammonia bunkering startup. Azane aims to construct the world’s first ammonia bunkering network, starting with its first bunkering unit in Norway, … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Investment, Norway, Technology, Transportation & Logistics
Tagged ammonia bunkering, ammonia fuel handling, Amon Maritime AS, André Risholm, Azane, Azane Fuel Solutions AS, ECONNECT Energy AS, green fuels, Mads Peter Zacho, Navigator Holdings Ltd., shipping, Stian Nygaard, Yara Clean Ammonia, Yara Growth Ventures, Yara International ASA
(IN BRIEF) Macquarie Asset Management has inked an agreement with Hydro, a prominent Norwegian aluminum and renewable energy company, to purchase a 49.9 percent ownership interest in Hydro’s renewable energy subsidiary, Hydro Rein, for $332 million. This deal values Hydro … Read the full press release
(IN BRIEF) Equinor, along with partners Petoro, Vår Energi, and ConocoPhillips, has started production at the Breidablikk field in the North Sea, four months ahead of schedule and within budget. The subsea field, tied to the Grane platform, contains nearly … Read the full press release
Posted in Energy, Gas & Oil, Industrial, Norway
Tagged Breidablikk, Breidablikk field, ConocoPhillips, Equinor, Geir Tungesvik, Grane platform, Kjetil Hove, North Sea, oil, Petoro, Vår Energi, Øygarde
(IN BRIEF) Equinor, a global energy company, reports a continued improvement in safety as it records a decline in serious incidents and injuries per million hours worked in the third quarter of 2023. The serious incident frequency remains steady at … Read the full press release
(IN BRIEF) AF Gruppen’s subsidiary Kanonaden Entreprenad has secured a contract to construct and install a new series compensation station in Isovaara for Svenska kraftnät. This project, carried out in collaboration with Hitachi Energy, is part of the Aurora Line, … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden, Technology
Tagged AF Gruppen, Bård Frydenlund, Finland, Hitachi Energy, Isovaara, Kanonaden Entreprenad, partnership, power line, sustainability, Sweden
(IN BRIEF) Funds advised by Triton have entered into an agreement to support the growth of Wavelynx Technologies, a leader in mobile-first identity and access control solutions. Wavelynx specializes in open hardware and software for access control, including readers, controllers, … Read the full press release
Posted in Business, Financial, Industrial, Investment, Management, News, Norway, Technology, Telecom
Tagged Access Control Solutions, Hugo Wendling, partnership, Sachin Jivanji, Triton, Wavelynx Technologies
(IN BRIEF) Despite record-high sales of electric vehicles, increased solar and battery installations, and the rapid expansion of renewables, fossil fuels are still growing in absolute terms and meeting half of the world’s new energy demand, according to DNV’s Energy … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway, Technology
Tagged CO2 emissions, DNV, energy transition, fossil fuels, Remi Eriksen, sustainability
(IN BRIEF) DNV, a prominent maritime classification company, has released new guidelines for the safe installation of onboard carbon capture and storage (OCCS) systems on ships. These guidelines come at a critical time when the shipping industry faces increasing pressure … Read the full press release
(IN BRIEF) DNV, a classification society, has awarded Hanwha Ocean an Approval in Principle (AiP) for their groundbreaking 270,000cbm LNG carrier design. This innovative LNG carrier, measuring 345 meters in length and featuring a breadth (moulded) of 55 meters, is … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Norway, Transportation & Logistics
Tagged DNV, Hanwha Ocean, innovative, Jong Seo Kim, LNG carrier, partnership, sustainability, Vidar Dolonen
(IN BRIEF) AF Gruppen, a construction and engineering company, has been awarded a contract worth SEK 134 million (excluding VAT) for the construction and modernization of the Busör sewage treatment plant in Halmstad municipality. The project, undertaken as a turnkey … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged AF Gruppen, Bård Konrad Frydenlund, Busör Sewage Treatment Plant, Halmstad, Laholmsbuktens VA AB, modernization, partnership, sustainability
(IN BRIEF) Hydro is dedicating €3 million to construct a new water treatment plant at its Schwandorf legacy site in Germany. The legacy site, acquired by Hydro in 2002, holds bauxite residue from operations by VAW from the 1930s to … Read the full press release
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions.
HOW TO GET STARTED?
PHARMA & BIOTECH: The largest repository of EU/European pharma & biotech press releases spanning 12 years (2012-2024)
