Category Archives: Norway

Press Releases & News from Norway distributed via EuropaWire

Equinor and partners confirm new North Sea oil and gas discovery in Fram area north of Troll

(IN BRIEF) Equinor and its partners Vår Energi and INPEX Idemitsu have struck oil and gas in the Fram area of the North Sea, about nine kilometres north of the Troll field. Exploration well 35/11-31 S confirmed petroleum in two … Read the full press release

DNV secures contract to oversee quality for Net Zero Teesside Power and Northern Endurance Partnership CCS projects

(IN BRIEF) DNV has been awarded a three-year contract to provide quality assurance and inspection services for Net Zero Teesside Power and the Northern Endurance Partnership, two cornerstone CCS projects in North East England. Covering everything from equipment inspections to … Read the full press release

Egypt partners with DNV, Siemens and Enxpert to modernize 7,000 km pipeline network with digital technologies

(IN BRIEF) EGPC has signed a Memorandum of Understanding with DNV, Siemens, and Enxpert Energy to digitally modernize Egypt’s 7,000 km petroleum pipeline network. The three-phase program will introduce Digital Twin models, predictive analytics, theft detection, and real-time monitoring through … Read the full press release

ORLEN and partners confirm 134 million barrel discovery in Yggdrasil with record-breaking drilling campaign

(IN BRIEF) ORLEN Upstream Norway, with operator Aker BP and partners Equinor and Petoro, has confirmed the largest oil discovery on the Norwegian Continental Shelf in 2025, with estimated recoverable volumes of 96–134 million barrels of oil equivalent. The Omega … Read the full press release

DNV to provide owner’s engineering expertise for 400MW Wando Jangbogo Offshore Wind Project in South Korea

(IN BRIEF) DNV has signed a two-year contract with Kolon Global Corporation to provide owner’s engineering services for the 400MW Wando Jangbogo Offshore Wind Project in Jeollanam-do, Korea. The project is one of the largest offshore wind initiatives in the … Read the full press release

DNV names Annika Nevaste as CEO of DNV Cyber to drive global growth in safeguarding critical infrastructure

(IN BRIEF) DNV has appointed Annika Nevaste as CEO of DNV Cyber, its fast-growing cybersecurity services business formed in 2024 from the merger of Nixu, Applied Risk, and DNV. Nevaste joins from Google Cloud, where she led the Nordic Digital … Read the full press release

CMB.TECH completes secondary listing on Euronext Oslo Børs after Golden Ocean merger, achieving NOK 27 billion market value

(IN BRIEF) CMB.TECH has completed its secondary listing on Euronext Oslo Børs under the ticker CMBTO, marking the company’s expansion in global capital markets and its continued role as a leader in sustainable maritime transport. Already listed on Euronext Brussels … Read the full press release

DNB Appoints Rasmus Figenschou as New CFO, Names Marianne Wik Sætre to Lead Corporate Banking Norway

(IN BRIEF) DNB has named Rasmus Figenschou as its next CFO, effective 24 October, succeeding Ida Lerner, who is leaving for a role outside the Nordic region. Figenschou will be replaced as Group Executive Vice President of Corporate Banking Norway … Read the full press release

DNV and RSI release study on decarbonizing Europe’s ageing short sea dry bulk fleet

(IN BRIEF) DNV and the Responsible Shipping Initiative have published a study on decarbonizing the short sea dry bulk fleet, revealing that limited incentives for smaller vessels are slowing progress toward IMO 2050 goals. Many ships in the ageing European … Read the full press release

Swedish Banking Giants Sustain Capital Strength Amid Simulated 2025–27 Downturn

(IN BRIEF) The EBA’s 2025–27 stress test, involving 64 major EU and Norwegian banks, simulated a recession driven by geopolitical tensions and protectionist disruptions to supply chains, which would elevate commodity and energy prices, inflation, and interest rates while curbing … Read the full press release

BAE Systems and Kongsberg Forge New Air-Domain Partnership Following Maritime MoU

(IN BRIEF) Following a May 2025 MoU focused on Maritime domain cooperation—including vessel support, strike missiles, surveillance systems, and frigate deliveries—BAE Systems and Kongsberg signed a secondary MoU in July 2025 to extend their partnership into the Air domain. This … Read the full press release

Statkraft Sells Canadian Renewables Portfolio to Atlantica Sustainable Infrastructure

(IN BRIEF) Statkraft will sell its Canadian renewables arm, Enerfín Canada, to Atlantica Sustainable Infrastructure Ltd. The deal, expected to close by year-end 2025, encompasses two operating wind farms (236 MW), a 0.8 GW wind and solar development portfolio, and … Read the full press release

RWE and Norges Bank Investment Management Reach Key Milestone with First Foundation Installed at Nordseecluster

(IN BRIEF) RWE and Norges Bank Investment Management have marked a significant milestone in their joint Nordseecluster offshore wind project with the installation of the first monopile foundation approximately 50 km off the coast of Juist, Germany. Each foundation, weighing … Read the full press release

DNV validates Electric Hydrogen’s HYPRPlant as industry-standard, power-dense turnkey electrolyzer after multi-year testing and factory audit

(IN BRIEF) DNV has completed a comprehensive review of Electric Hydrogen’s second-generation HYPRPlant electrolyzer, confirming compliance with industry standards in process design, safety and manufacturing. The turnkey PEM system—available in 75, 100 and 120 MW variants—achieves high power density, cutting … Read the full press release

ABL appoints naval architect Richard Grant as Singapore Country Manager to accelerate offshore growth and client value

(IN BRIEF) ABL has named Richard Grant as Country Manager for Singapore, effective immediately. A naval architect with more than 15 years’ experience, Grant joined ABL in 2011 and has worked across the UK, Australia, the USA and Singapore, where … Read the full press release

AF Bygg Väst to deliver five-storey multi-sports hall in Slottsskogen for SEK 215 million with completion set for 2027

(IN BRIEF) AF Bygg Väst, part of AF Gruppen Sweden, won a SEK 215 million (excl. VAT) contract to build a five-storey, 6,750 m² multi-sports hall in Slottsskogen, Gothenburg. Commissioned by the City’s Sports and Associations Administration, the project will … Read the full press release

Viaplay and TV 2 Expand Collaboration to Stream Over 3,000 Football Matches in Norway

(IN BRIEF) Viaplay and TV 2 have established a rights‑sharing partnership to simulcast each other’s football content in Norway. Beginning this autumn, more than 3,000 games—including top European leagues, national cups, and UEFA competitions—will be available on both Viaplay and TV 2 Play. … Read the full press release

LAB Entreprenør to Overhaul Bergen’s Historic Handelens og Sjøfartens Hus in NOK 342 M Project

(IN BRIEF) LAB Entreprenør, a subsidiary of AF Gruppen, has been awarded a NOK 342 million turnkey contract (ex. VAT) to renovate Bergen’s neo-classical Handelens og Sjøfartens Hus. The scope includes interior demolition and refurbishment of 6,500 m², a new … Read the full press release

ACCIONA Energía’s 1 MW Second-Life BESS Assessed by DNV to Meet EU Circularity Standards

(IN BRIEF) DNV is collaborating with ACCIONA Energía to assess a 1 MW second-life BESS prototype—built from repurposed Silence e-scooter batteries—against EU standards, including the Batteries Regulation (EU 2023/1542). In partnership with integrator Beeplanet, ACCIONA Energía’s pilot system aims to … Read the full press release

Telenor Expands Fibre Footprint with NOK 6 Billion Acquisition of GlobalConnect’s Consumer Network

(IN BRIEF) Telenor has agreed to purchase GlobalConnect’s Norwegian consumer fibre business for NOK 6.0 billion, adding about 140,000 subscribers and boosting its market share from 22 percent to 29 percent. The acquisition will extend Telenor’s network reach, offer GlobalConnect’s … Read the full press release