(IN BRIEF) DNV has received accreditation as a Technically Assured Organisation (TAO) from Transport for New South Wales (TfNSW), cementing its role as a trusted partner in Australia’s transport sector. The TAO recognition highlights DNV’s commitment to meeting rigorous technical … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Security & Safety, Technology, Transportation & Logistics
Tagged accreditation, Area Manager, Australia, bus services, DNV, energy efficiency, environmental responsibility, Farshad Ferdowsi, Ferry Services, independent safety assessments, infrastructure sustainability, light rail services, long-term asset sustainability, New South Wales, partnership, Public Safety, reliability management, renewable energy, requirements management, Safety Standards, Supply Chain & Product Assurance, sustainability, Sydney, system engineering, system integration, TAO, technical standards, technical system interface management, Technically Assured Organisation, TfNSW, train services, Transport for New South Wales, transport infrastructure, transport services, Validation, verification
(IN BRIEF) Telenor Group has appointed Jon Omund Revhaug as Head of Telenor Asia and Sigvart Voss Eriksen as Head of Telenor Nordics, both of whom bring extensive telecommunications expertise to their new roles. Revhaug, a Telenor veteran with significant … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Norway, Technology, Telecom
Tagged appointment, Bangladesh, Benedicte Schilbred Fasmer, CEO, Chief Communications Officer, customer-facing transformations, Cybersecurity, dtac, growth strategy, Jon Omund Revhaug, leadership, Malaysia, Omny, Operational Excellence, scaling operations, Sigvart Voss Eriksen, telecommunications expertise, Telenor Asia, Telenor Group, Telenor Myanmar, Telenor Nordics, Telenor's key markets, THAILAND, Thomas Midteide, TRUE
(IN BRIEF) LAB Entreprenør, part of AF Gruppen, has signed a contract with Marken 37 AS for the rehabilitation of a historic commercial building in Bergen’s city center. The NOK 131 million turnkey project involves upgrading 2,950 square meters of … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged AF Gruppen, Bergen, LAB Entreprenør, partnership, Rehabilitation Project, sustainability
(IN BRIEF) The Troll field in the North Sea reached a historic production milestone in 2024, producing 42.5 billion standard cubic meters of natural gas, a nearly 10% increase from the previous record in 2022. This growth is attributed to … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Awards, energy security, Equinor, Helge Haugane, Kjetil Hove, leadership, sustainability, Troll field
(IN BRIEF) Equinor has secured over USD 3 billion in financing for its Empire Wind 1 offshore wind project in the U.S., with financial close reached in December 2024. The project, which will power 500,000 homes in New York by … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Norway
Tagged BP, capital investment, construction jobs, Empire Wind, Empire Wind 1, energy security, Equinor, financial close, financing, Jens Økland, Long Island, Molly Morris, New York, New York City grid, New York State Energy Research and Development Authority, offshore wind farm, PSA, renewable energy, SBMT, South Brooklyn Marine Terminal, tax credits, U.S. offshore wind, union jobs, USD 3 billion, wind energy, wind power
(IN BRIEF) The European Investment Fund (EIF) has committed NOK 295 million (€25 million) to Momentum III, a Norwegian fund targeting early-stage climate tech companies in the Nordics and EU-27. Backed by the European Commission’s InvestEU initiative, the fund will … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Norway, Technology
Tagged European Investment Fund, Green Tech Fund, Hilde Støle Pettersen, Marjut Falkstedt, Momentum, Nicolas de La Grandville, Norway, partnership, sustainability
(IN BRIEF) AFRY has secured a framework agreement with the Norwegian Nuclear Decommissioning agency (NND) to provide project and programme management services, aiding NND in the safe decommissioning of nuclear facilities and nuclear waste disposal. The four-year agreement, with a … Read the full press release
(IN BRIEF) The Nordic Investment Bank (NIB) has signed a 7-year EUR 42.8 million loan agreement with Sunnhordland Kraftlag AS (SKL) to finance the modernization of the Løkjelsvatnet hydropower plant in Etne, Norway. Completed in October, the upgrade doubled the … Read the full press release
(IN BRIEF) DNV has released the DNV-ST-J301 Electrolyser Systems standard, setting a benchmark for the safe design, construction, and operation of electrolysers used in hydrogen production. This standard provides a comprehensive, risk-based framework to ensure safety and scalability throughout the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Security & Safety, Technology
Tagged DNV, DNV-ST-J301 Electrolyser Systems Standard, Electrolyser Systems, hydrogen production, Magnus Killingland, Peter Paschke, Prajeev Rasiah, safety, Scalability
(IN BRIEF) Thales and Avinor have partnered to implement a next-generation Unmanned Traffic Management (UTM) system across Norway, enabling the safe integration of unmanned and manned aircraft while adhering to European regulatory standards. Powered by Thales’ TopSky – UAS and … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, France, Government, Industrial, Investment, Management, News, Norway, Security & Safety, Technology, Transportation & Logistics
Tagged Avinor, Christian Rivierre, INNOVATION, Mats Bye Gjertsen, Norway, partnership, safety, sustainability, Thales, Unmanned Traffic Management System
(IN BRIEF) The JV AF Ghella construction site in Oslo celebrated Santa Barbara Day on December 4 with a Catholic mass, choral performances, and a ceremonial tunnel blast. Santa Barbara, the patron saint of tunnel and mine workers, was honored … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Norway, Technology
Tagged AF Gruppen, Father Cornelius Arinze Onwuekwe, Italy, JV AF Ghella Construction Site, Maurizio Romano, partership, Santa Barbara Day, Stefano Nicoletti, sustainability, Tunnel Workers
(IN BRIEF) DNV’s latest white paper provides shipowners with strategies to navigate the FuelEU Maritime regulations taking effect in January 2025, which mandate strict GHG emission intensity limits for ships over 5,000 GT in the EU/EEA. The rules account for … Read the full press release
Posted in Business, Environment, Financial, Industrial, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged DNV, FuelEU Maritime Regulations, Knut Ørbeck-Nilssen, sustainability
(IN BRIEF) Equinor UK and Shell UK are joining forces to create the largest independent energy producer in the UK North Sea, combining their offshore oil and gas portfolios into a new joint venture. The company, equally owned by both … Read the full press release
(IN BRIEF) DNV Cyber has joined the Microsoft Intelligent Security Association (MISA) and earned Microsoft’s verification for its Managed Extended Detection and Response (MXDR) solution. As part of MISA, DNV Cyber collaborates with leading cybersecurity providers to enhance threat detection … Read the full press release
Posted in Business, Financial, Government, Industrial, Internet & Online, Investment, Management, News, Norway, Security & Safety, Technology
Tagged cybersecurity solutions, DNV, DNV Cyber, Jan Mickos, Microsoft Intelligent Security Association (MISA), Microsoft’s verification for its Managed Extended Detection and Response (MXDR) solution, partnership, Rob Lefferts, USA
(IN BRIEF) The European Investment Fund (EIF) has committed €40 million to HAVN Capital II, a Norway-based private equity fund targeting €250 million to invest in companies advancing renewable energy, electrification, and energy efficiency in Northern and Western Europe. The … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Norway
Tagged EIF, Europe, HAVN Capital II, low carbon transition, Norway, partnership, sustainability, Thomas Östros, Tomas Hvamb
(IN BRIEF) Hydro’s Alumetal recycling plant in Kety, Poland, will enhance its sustainability by installing solar panels to generate 1,000 MWh of renewable electricity annually, set to be operational by mid-2025. The EUR 870,000 investment is part of Hydro’s broader … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, News, Norway, Poland, Technology
Tagged Agnieszka Drzyżdżyk, Alumetal, Hanne Simensen, Hydro, Kety Plant, partnership, Poland, renewable, sustainability
(IN BRIEF) Equinor ASA announced a total cash dividend of USD 0.70 per share for Q2 2024, comprising an ordinary and an extraordinary dividend of USD 0.35 each. Based on the average USD to NOK exchange rate of 11.0741, the … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged Dividend Payments, Equinor, Financial, investment
(IN BRIEF) AF Gruppen has partnered with Linstow on a NOK 360 million project to rehabilitate and expand office spaces at Tollbugata 32 and Akersgata 13-15 in Oslo. The project will merge and renovate the properties, adding a courtyard extension … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged AF Gruppen, Eirik Wraal, Linstow, Oslo Office Spaces, partnership, sustainability
(IN BRIEF) Fincantieri’s Norwegian subsidiary, Vard, has signed a €200 million contract to design and construct five Walk-to-Work vessels for an international client. The vessels, designed to support offshore oil and gas platforms, will feature hybrid propulsion systems, advanced motion-compensated … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Italy, Management, News, Norway, Technology, Transportation & Logistics
Tagged Fincantieri, Norway, partnership, Pierroberto Folgiero, sustainability, Vard, Walk-to-Work Vessels
(IN BRIEF) Skanska has entered a NOK 569 million contract with WS Computing AS to construct the core and shell of a hyperscale data center in Skien, Norway. This deal builds on an earlier NOK 1.1 billion contract, bringing the … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden, Technology
Tagged Data Center Project, Norway, partnership, Skanska, sustainability
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