(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
(IN BRIEF) In recognition of the UN’s “International Day of Awareness of Food Loss and Waste,” DNV emphasizes the role of certification in reducing food waste across the value chain. The UN reports a rise in hunger since 2014, with … Read the full press release
Posted in Business, Commodities, Education, Environment, Food & Beverage, Industrial, Management, News, Norway
Tagged "International Day of Awareness of Food Loss and Waste, Barbara Frencia, certification, combat, DNV, food loss, Food Value Chain, GLOBALG.A.P., ISO, partnership, sustainability, UN, waste
(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a seven-year loan agreement with Norwegian utility company Varanger Kraft to support the upgrade of their hydrogen facility and the improvement of the electricity distribution network in Norway’s Varanger region. … Read the full press release
Posted in Banks, Business, Construction, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged André Küüsvek, Green Energy, hydrogen, NIB, Norway, partnership, sustainability, Varanger Kraft
(IN BRIEF) Equinor and Ithaca Energy have committed $3.8 billion to Phase 1 of the Rosebank development in the UK North Sea. The project aims to recover around 245 million barrels of oil from the Rosebank field, located approximately 130 … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Investment, Norway, United Kingdom
Tagged Altera, Equinor, Floating Production Storage and Offloading vessel, FPSO, iEPCI™, Ithaca Energy, North Sea Transition Authority, North Sea Transition Deal, NSTA, Odfjell Drilling, oil, Rosebank development, Rosebank oil and gas field, TechnipFMC, UK Continental Shelf, UKCS, Voar Energy, Wood Mackenzie
(IN BRIEF) Equinor has entered into a new five-year gas sales agreement with OMV, Austria’s major energy company. Starting from October 1, this year, the deal involves an annual gas volume of 12 TWh, with delivery to OMV’s European portfolio … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Norway
Tagged energy company, Equinor, gas sales agreement, Helge Haugane, OMV, Trading Hub Europe
(IN BRIEF) BioNTech and the Coalition for Epidemic Preparedness Innovations (CEPI) have entered into a strategic partnership to develop an mRNA-based vaccine, BNT166, for the prevention of mpox (formerly monkeypox), an infectious disease that can have severe and life-threatening complications. … Read the full press release
Posted in Business, Financial, Germany, Government, Healthcare, Industrial, Investment, Management, News, Norway, Pharma & Biotech, Science
Tagged BioNTech, BNT166, CEPI, mpox Prevention, mRNA-Based Vaccine, partnership, Prof. Ugur Sahin, Richard Hatchett, sustainability
(IN BRIEF) The Johan Castberg partnership, consisting of Equinor, Vår Energi, and Petoro, has announced an upward revision of the project’s cost estimate, with an increase of nearly NOK 13 billion compared to the previous year. Despite these cost escalations, … Read the full press release
(IN BRIEF) DNV has awarded Approval in Principle (AIP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiaries, HD Hyundai Heavy Industry (HD HHI) and Hyundai Mipo Dockyard (HMD), for their groundbreaking hydrogen system. HD KSOE aims … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Norway, Technology, Transportation & Logistics
Tagged DNV, Dr. Sungjun Kim, HD HHI, HD KSOE, HMD, Hydrogen Transport System, innovative, Lars Blum, Maria Gonzalez-Perez, partnership, Samuel Zouaghi, sustainability, Vidar Dolonen
(IN BRIEF) Equinor, in collaboration with KUFPEC Norway, has submitted a plan for the development and operation (PDO) of the Eirin gas field, set to deliver a significant supply of natural gas to Europe. With recoverable reserves of approximately 27.6 … Read the full press release
(IN BRIEF) Veracity, the independent cloud platform by DNV, has expanded its integrated partner network to help shipping companies and charterers meet their emissions data verification and reporting requirements. With the inclusion of more partners, Veracity provides access to verified … Read the full press release
(IN BRIEF) Eurojust, the EU’s judicial cooperation agency, welcomes two new Liaison Prosecutors. For the first time, Moldova has stationed a prosecutor at Eurojust’s headquarters in The Hague to strengthen cooperation on cross-border crime cases. The new Liaison Prosecutor for … Read the full press release
(IN BRIEF) DNV has acquired ANB Systems, a Houston-based software as a service (SaaS) company specializing in energy program services for utility and regulatory body customers. The move is part of DNV’s commitment to supporting the energy transition by enhancing … Read the full press release
(IN BRIEF) The shipping industry faces challenges in meeting 2030 maritime emission targets due to competition for greener fuels. DNV’s Maritime Forecast to 2050 report highlights that securing a sufficient supply of carbon-neutral fuels will be difficult. The industry must … Read the full press release
(IN BRIEF) At Gastech 2023, DNV has granted a design verification report (DVR) for the AI-based autonomous navigation system “HiNAS Control,” a joint project by Avikus and HD Hyundai Heavy Industries. Liberian International Ship and Corporate Registry (LISCR) has also … Read the full press release
Posted in Artificial Intelligence (AI), Automotive, Awards, Business, Industrial, Management, News, Norway, Technology, Transportation & Logistics
Tagged 'HiNAS Control', Alfonso Castillero, artificial intelligence (AI), augmented reality (AR), Avikus, Awards, design verification, DNV, Hyundai, Knut Ørbeck-Nilssen, Navigation System
(IN BRIEF) A DNV report highlights that trust in artificial intelligence (AI) is a crucial factor in its effective use for accelerating the energy transition. While AI is being utilized in the energy sector, companies remain cautious due to new … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Industrial, Management, News, Norway, Technology
Tagged artificial intelligence (AI), DNV, ENERGY, Hari Vamadevan, Shaun Reardon, transition
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