(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
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology, Telecom
Tagged Benedicte Schilbred Fasmer, consumer business, digital security, entertainment services, fibre broadband, GlobalConnect, home networks, integration capex, Martin Lippert, NKOM, Norwegian Competition Authority, partnership, synergies, telecom market expansion, Telenor ASA
(IN BRIEF) Researchers from Italy’s Cnr-Ibf, Norway’s Orca Survey, Sweden’s Linnaeus University, and the University of Hawaiʻi with Picture Adventures have used drone videography to decode cooperative hunting in orcas (Orcinus orca). Their study in Current Biology identifies two complementary … Read the full press release
Posted in Business, Education, Financial, Government, Investment, Italy, Management, Marketing, News, Norway, Science, Sweden, Technology
Tagged cooperative hunting, Current Biology, drone footage, Eve Jourdain, helpers, herring predation, Institute of Biophysics Cnr-Ibf, Jacob Johansen, Linnaeus University, marine biology, Norwegian Orca Survey, orcas, Orcinus orca, Paolo Domenici, partnership, Picture Adventures, strikers, University of Hawaiʻi, Vesterålen Islands
(IN BRIEF) Telia Company has sold its TV & Media division to Schibsted for SEK 6.55 billion (cash- and debt-free), as announced on 25 February. A new multi-year agreement guarantees that Telia’s TV service will retain TV4 and MTV programming. … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, News, Norway, Sweden, Technology, Telecom
Tagged Adjusted EBITDA, cash and debt-free, connectivity strategy, deleveraging, distribution partnership, MTV, Net debt, partnership, Patrik Hofbauer, portfolio management, sale, Schibsted, SEK 6.55 billion, Telia Company, TV & Media business, TV4
(IN BRIEF) HTB, part of AF Gruppen, has signed a NOK 213 million turnkey deal to extend Fatland Ølen’s meat facility, adding nearly 12,000 m² of workspace and technical ceiling. The build-out includes modern processing, packaging, storage, and freezing zones, … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged AF Gruppen, boiler house, Fatland Ølen, freezing, heat recovery, Helgesen Tekniske Bygg AS, HTB, meat processing, municipal road rerouting, NOK 213 million, packaging, partnership, Ronny Laastad, solar panels, steam boiler system, Storage, sustainability, turnkey contract, Øvrehagen 2 AS
(IN BRIEF) ANDRITZ and Norske Skog Skogn will convert PM1 at the Skogn mill into a dual-mode line for newsprint and the new NOR Book grade, targeting a top-three European market position. Startup is planned for Q2 2026. The upgrade … Read the full press release
Posted in Austria, Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged Andritz, book paper, European book paper market, Krefeld trials, low CO₂ emissions, Multi Master Control System, newsprint, NOR Book, Norske Skog Skogn, Paper Machine 1, partnership, Peder Lutdal, PM1 conversion, PrimeRoll MHV, Q2 2026 start-up, sustainable book paper, thermo-mechanical pulp, Ville Nikkanen, virgin fiber
(IN BRIEF) Equinor’s latest Barents Sea exploration well, Drivis Tubåen (7720/7-DD-1H), has uncovered 9–15 million barrels of oil within the Tubåen formation. Drilled as an offset from a production well by the Transocean Enabler, the discovery will be evaluated for … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged 000 bpd plateau, 2028 start-up, 220, 7720/7-DD-1H, 9–15 million barrels, Barents Sea, Drivis Tubåen, Equinor, exploration wells, Goliat region, Grete Birgitte Haaland, Isflak, Johan Castberg field, partnership, Petoro, PL532, reserve expansion, sustainability, Transocean Enabler, Tubåen formation, Vår Energi
(IN BRIEF) Telia Norway has completed the nationwide rollout of its 5G network, reaching 99% population coverage by December 2024, four years after its initial launch. This expansion has spurred a 102% increase in data traffic while reducing energy consumption … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Sweden, Technology, Telecom
Tagged Data traffic, energy per terabyte, energy reduction, Georg Svendsen, Lillestrøm, mobile data traffic, nationwide 5G, net-zero emissions by 2040, Network Efficiency, NPS benchmarking, partnership, power management, renewable energy, Rohde & Schwarz NPS 829, Telia Norway
(IN BRIEF) Gasum has opened its ninth LBG refueling station in Norway at Moskog Business Park, expanding its network along key highways (E39, E6, E18, RV3, RV7) and offering both compressed and liquefied biogas to commercial carriers and the public. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged Anders Hustoft, Bjørn Røst Kjørmo, Førde, Gasum, GLP, Green Land Transport Program, greenhouse gas reduction, Ingelin Noresjø, Jogeir Munkeby, LBG station, liquefied biogas, Moskog Business Park, Moøyane, Norway transport emissions targets, NOₓ emissions, partnership, Rema 1000, Sunnfjord, sustainability
(IN BRIEF) Carmeuse has joined the Bellona Foundation’s Center for Marine Restoration in Lofoten as a Founding Partner, contributing its limestone-based expertise to efforts to revive Norway’s decimated kelp forests. The partnership will explore lime-application methods to control invasive sea … Read the full press release
Posted in Belgium, Business, Environment, Financial, Government, Industrial, Investment, Management, Marketing, Metals and Minerals, News, Norway, Technology, Transportation & Logistics
Tagged Bellona Foundation, Blue Harvest Technologies, blue rainforest, Carmeuse, Center for Marine Restoration, circular solutions, ecosystem recovery, Ilse Kenis, Joakim Hauge, kelp forests, lime application, Lofoten, Marine restoration, Norrøna, partnership, sea urchin control, sustainability, University of Tromsø
(IN BRIEF) After 18 months of collaboration with 20 leading energy companies, DNV has validated wind farm flow control (WFFC) technology using its LongSim CFD platform. The joint industry project generated the most comprehensive performance dataset to date and agreed … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged Astrid Rusås Kristoffersen, bankability, benefit quantification, CFD simulation, Ditlev Engel, DNV, energy yield, Equinor, Iberdrola, JIP, Joint Industry Project, LongSim, partnership, Shell, sustainabiity, turbine integration, Vattenfall, webinar, WFFC, wind farm flow control, Ørsted
(IN BRIEF) DNV’s new KFX release enhances CFD simulations with specialized models for CO₂, ammonia, and hydrogen, enabling precise predictions of dry-ice formation, spray absorption, and explosion dynamics. Developed with Equinor, TotalEnergies, Vår Energi, and Horisont Energi, the update supports … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Security & Safety, Technology
Tagged ammonia, Carbon Capture Utilization and Storage, CCUS, CFD simulation, computational fluid dynamics, DNV, energy transition, Equinor, explosion modeling, EXSIM, fire simulation, gas dispersion, Horisont Energi, hydrogen, Kenneth Vareide, KFX, net-zero, partnership, quantitative risk assessment, sustainabiity, TotalEnergies, Trond Evanger, Vår Energi
(IN BRIEF) Arca’s carbon mineralization method—pairing enhanced air capture with ex-situ ultramafic tailings mineralization—has become the first of its kind to secure ISO 14064-2 validation from DNV. This independent audit, covering technical documentation and stakeholder interviews, confirms that the process … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Security & Safety, Technology
Tagged Arca, carbon dioxide removal, carbon mineralization, CDR, DNV, Dr Greg Dipple, enhanced air capture, ex-situ mineralization, gigatonne-scale removal, independent validation, industrial-scale carbon removal, ISO 14064-2, Lucy Craig, net-zero, patent-pending technology, registry protocols, sustainability, sustainable mining, ultramafic mine tailings
(IN BRIEF) Forsvarsbygg has awarded HTB, a subsidiary of AF Gruppen, a NOK 158 million turnkey contract to build multi-purpose storage halls at the Porsangermoen military camp in Finnmark. HTB will handle both design and build aspects, leveraging its extensive … Read the full press release
(IN BRIEF) DNV will act as Owner’s Engineer on AMEA Power’s 1 GW Abydos 2 solar PV plant and 600 MWh battery storage system in Benban, Egypt. The project aims to produce 3,100 GWh of renewable power annually—sufficient for over … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged 000, 000 homes, 1 GW, 1.5 million tons CO₂, 100 GWh, 3, 500, 600 MWh, Abydos 2, AFRE, AMEA Power, battery energy storage, battery safety standards, Benban Egypt, BESS, commissioning, construction supervision, desert challenges, design review, DNV, engineering resilience, feasibility studies, Grid Integration, job creation (4, knowledge transfer, partnership, quality assurance, regulatory compliance, renewable energy transition, Santiago Blanco, Solar PV, sustainability, Vision 2035
(IN BRIEF) Equinor’s subsidiary BeGreen has commenced operations at the 65 MW Ingerslev Å solar plant in Jutland, Denmark—BeGreen’s inaugural project since its 2023 acquisition. Senior VP Anders Bade highlighted that this step supports Equinor’s aim to build a robust … Read the full press release
Posted in Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged 1.2 GW portfolio, 100 000 solar panels, 2023 acquisition, 65 MW capacity, 68 GWh annual production, Anders Bade, BeGreen, Danske Commodities, DK1 power market, Equinor, Ingerslev Å, Jutland Denmark, onshore renewables, partnership, rapid project cycle, solar plant, sustainability, transformer stations
(IN BRIEF) Equinor’s Johan Castberg field reached its intended plateau production of 220,000 barrels per day on 17 June, just three months after its FPSO vessel began operations on 31 March. Seventeen wells are currently online and delivering as forecast. … Read the full press release
(IN BRIEF) Heidelberg Materials inaugurated Brevik CCS—the cement industry’s first industrial-scale carbon capture and storage plant—at a ceremony attended by Crown Prince Haakon, Energy Minister Terje Aasland, and Dr Dominik von Achten. The facility will capture 400,000 tonnes of CO₂ … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Norway, Technology
Tagged Brevik CCS, carbon storage, CCUS, cement industry, CO₂ capture, Dr Dominik von Achten, Equinor, evoZero, Giv Brantenberg, H.R.H. Crown Prince Haakon, Heidelberg Materials, Longship programme, net-zero concrete, northern lights, Norway, partnership, Shell, sustainability, sustainable construction, Terje Aasland, TotalEnergies, Øygarden
(IN BRIEF) On 18 June 2025, Norges Bank’s Monetary Policy and Financial Stability Committee reduced the policy rate from 4.50 percent to 4.25 percent in a unanimous decision, marking the beginning of a cautious normalization after a tightening cycle that … Read the full press release
Posted in Banks, Financial, Management, Norway
Tagged 2 percent inflation target, 4.25 percent, Arendalsuka, economic projections, Financial Stability, Ida Wolden Bache, inflation outlook, interest rate forecast, June 18 2025, Monetary Policy and Financial Stability Committee, mortgage rates, Norges Bank, Norway, output gap, policy rate cut, rate normalization, unemployment
(IN BRIEF) Hydro’s Alunorte refinery in Pará has spent BRL 1.3 billion to switch from fuel oil to natural gas—via an FSRU at Barcarena—across its steam and calciner units, cutting 700,000 tonnes of CO₂ annually. This initiative underpins Hydro’s broader … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Metals and Minerals, Norway
Tagged 000 MW renewable, 000 t CO₂ reduction, 1, 1.4 million t CO₂ annual reduction, 29.5 Tbtu, 30 percent by 2030, 700, alumina refinery, Alunorte, Bauxite & Alumina, BRL 1.3 billion, electric boilers, FSRU Energos Celsius, Hydro, John Thuestad, low-carbon refinery, Mendubim solar, natural gas conversion, net zero 2050, New Fortress Energy, Pará Brazil, Ventos de São Zacarias wind
(IN BRIEF) Euronext and Clearstream have announced a collaboration to upgrade Euronext Clearing’s collateral management for repos and additional asset classes. Clearstream will serve as a triparty agent, automating collateral selection, valuation, and substitution, while also handling settlement, custody, regulatory … Read the full press release
Posted in Banks, Belgium, Business, Economy, Financial, France, Government, Industrial, International Trade, Investment, Ireland, Italy, Luxembourg, Management, Marketing, Netherlands, News, Norway, Portugal, Technology
Tagged AI collateral scheduling, Anthony Attia, balance sheet efficiency, CCP, Clearstream, Collateral Management, custody services, Euronext, Euronext Clearing, European capital markets, Innovate for Growth 2027, liquidity management, margin optimisation, partnership, regulatory reporting, repo clearing, Repo Expansion Initiative, Repo Foundation, Sam Riley, settlement services, TPA, triparty agent
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