(IN BRIEF) DNV has awarded Hanwha Ocean an Approval in Principle (AiP) and an Approval of Service Suppliers (AOSS) for two innovations: a large-scale liquefied carbon dioxide (LCO2) carrier tank and an underwater radiated noise (URN) measurement system. The LCO2 … Read the full press release
Posted in Awards, Business, Environment, Industrial, Management, News, Norway, Transportation & Logistics
Tagged Awards, DNV, Hanwha Ocean, innovative, JongSeo Kim, LCO2 carrier, sustainability, URN Measurement, Vidar Dolonen
(IN BRIEF) DNV has signed a Memorandum of Understanding (MoU) with Pacific Carriers Limited (PCL) to collaborate on sustainable vessel designs, decarbonization strategies, and ESG initiatives. This renewed partnership focuses on environmental, social, and governance (ESG) considerations and aligns with … Read the full press release
(IN BRIEF) Equinor has acquired a 26 MW onshore wind farm in Poland, known as the Wilko wind farm, from the Helios Group. The wind farm is located in the Wielkopolska province and will be operated by Wento, Equinor’s subsidiary … Read the full press release
(IN BRIEF) DNV has initiated a joint industry project (JIP) to advance maintenance practices in the Solar PV industry, with a focus on predictive maintenance. As the Solar PV sector anticipates significant growth, DNV aims to enhance maintenance processes by … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, News, Norway
Tagged DNV, Juan Carlos Arévalo, Lars Landberg, maintenance, partnership, Solar PV, sustainability
(IN BRIEF) Hydro, a leading aluminium producer, is taking significant steps to enhance energy efficiency across its five aluminium smelters in Norway. The measures will lead to a reduction in electricity consumption, starting with the installation of LED lights and … Read the full press release
(IN BRIEF) Hydro’s aluminum plant in Sunndal, Norway, aims to replace fossil fuels with local biomethane resources to cut emissions in the production process. The initiative is expected to reduce CO2 emissions by 20,000 tonnes annually, contributing to Hydro’s goal … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, News, Norway
Tagged aluminium plant, biomethane, emissions, Havila, Hydro, Norway, Ola Sæter, partnership, Sunndal, sustainability
(IN BRIEF) DNV has secured a contract to provide quality assurance, quality control, and technical support to Intercontinental Wind Energy Co., Ltd. (IWE) in Taiwan. This collaboration aims to assist IWE in becoming a Tier-1 supplier for offshore wind projects … Read the full press release
(IN BRIEF) Global energy expert DNV has introduced its latest service specification, DNV-SE-0654, outlining procedures to verify assertions made by companies regarding the production and distribution of low-carbon hydrogen and ammonia. This service empowers hydrogen producers to demonstrate compliance with … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway
Tagged ammonia, DNV, DNV-SE-0654, Hans Kristian Danielsen, Jørg Aarnes, low-carbon hydrogen, sustainability
(IN BRIEF) Equinor has solidified its position in the low-carbon solutions arena with a 25% stake acquisition in Bayou Bend CCS LLC. This partnership bolsters one of the largest US carbon capture and storage (CCS) projects situated along the Gulf … Read the full press release
(IN BRIEF) Equinor and its partners have successfully completed a project to increase production by 26 million barrels of oil equivalents from the Statfjord Øst field in Norway. The project was finished with strong safety outcomes and within estimated costs, … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Camilla Salthe, Equinor, Ketil Rongved, Norway, Statfjord Øst Field
(IN BRIEF) Equinor and its partners are implementing an innovative solution to enhance energy efficiency and reduce emissions at the Statfjord C platform. The plan involves replacing two gas turbines with a steam turbine powered by heat recovery from gas … Read the full press release
(IN BRIEF) Equinor ASA, a global energy company, has disclosed its dividend payouts for the first quarter of 2023. On May 4th, 2023, Equinor declared a regular dividend of USD 0.30 per share and an extraordinary dividend of USD 0.60 … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Industrial, Investment, Management, News, Norway
Tagged Equinor, Financial, NYSE, Oslo, Q1 2023 Dividend Payouts, shareholders
(IN BRIEF) ORLEN, a major energy company, has finalized an agreement with GAZ-SYSTEM to secure a regasification capacity of 6.1 billion cubic meters (bcm) per year at the Floating Storage Regasification Unit (FSRU) terminal to be constructed in the Gulf … Read the full press release
(IN BRIEF) Hydro, a company specializing in aluminium solutions, has commenced the installation of solar panels and battery storage systems at its Swedish extrusions’ factories in Vetlanda, Sjunnen, and Finspång. The project, named Greener Sweden, aims to transition these factories … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, News, Norway
Tagged Finspång, Greener Sweden Project, Hydro, Hydro Extrusions, Hydro REIN, Jonas Bjuhr, Marianne Wergeland Jenssen, renewable energy, Sjunnen, sustainability, Swedish Factories, Vetlanda
(IN BRIEF) Yara, an international agricultural company, has announced executive appointments to its leadership team. Magnus Krogh Ankarstrand has been named EVP Corporate Development. Ankarstrand, who previously held roles as CEO of Yara Clean Ammonia, SVP Yara North America, and … Read the full press release
Posted in Agriculture, Business, Chemicals, Industrial, Management, News, Norway
Tagged appointments, Jorge Noval, leadership, Magnus Krogh Ankarstrand, Svein Tore Holsether, Yara
(IN BRIEF) Yara Germany, the Bindewald & Gutting Milling Group, and Harry-Brot have formed a partnership to decarbonize cereal cultivation in Germany by using green fertilizers produced with renewable energy sources. Norwegian ammonia generated through hydropower will be processed into … Read the full press release
(IN BRIEF) The Norwegian government has given the go-ahead to the Snøhvit Future project, with certain conditions. This initiative focuses on onshore compression starting in 2028 and plant electrification from 2030. The decision aims to enhance Norway’s position as a … Read the full press release
(IN BRIEF) Hydro, a leading aluminum company, is investing NOK 67 million (EUR 6 million) to upgrade its aluminum extrusion plant in Lucé, France. The investment aims to improve the plant’s equipment, buildings, and infrastructure, enhancing its potential to become … Read the full press release
(IN BRIEF) DNV, a global independent energy expert and assurance provider, has provided due diligence services to Actis GP LLP, a sustainable infrastructure investor, for their inaugural acquisition of a new Japan-focused renewables infrastructure fund. Actis acquired HERGO Japan Energy’s … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged acquisition, Actis, Brice Le Gallo, DNV, HERGO, Japan, Liam Smith, partnership, sustainability, Yukinobu Uchida
(IN BRIEF) Hydro Rein and GreenGo Energy have expanded their partnership to develop two new early phase solar projects in Denmark. The combined capacity of the projects is 410 MW, with an estimated total annual production of 522 GWh. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway
Tagged Denmark, GreenGo Energy, Hydro REIN, Karsten Nielsen, Lisa Haukaas, Norsk Hydro, partnership, solar projects, sustainability
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