(IN BRIEF) During Singapore Maritime Week, DNV awarded Australian company Fortescue with class and statutory certificates for its revolutionary dual-fuelled ammonia-powered ship, the ‘Green Pioneer’. This achievement marked the culmination of a project initiated in 2021, with DNV engaged to … Read the full press release
(IN BRIEF) Equinor faced a devastating blow in the first quarter with the loss of a colleague in a helicopter crash, underscoring the paramount importance of safety measures across its operations. While investigations continue into the accident involving Bristow, Equinor … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Industrial, Management, News, Norway, Security & Safety
Tagged Equinor, Jannicke Nilsson, Safety Priorities, Tragic Helicopter Accident
(IN BRIEF) A new study by DNV reveals that collaborative efforts towards decarbonizing the energy supply in ASEAN member states could lead to a staggering reduction of USD 800 billion in costs by 2050. The study contrasts three scenarios: individual … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Norway
Tagged ASEAN, Brice Le Gallo, decarbonization, DNV, Mats de Ronde, partnership, sustainability
(IN BRIEF) Hydro Energi AS recently finalized a significant long-term power purchase agreement (PPA) with Swiss energy provider Alpiq, spanning from 2025 to 2033. The agreement entails the delivery of 0.54 TWh of power, contributing to Hydro’s Nordic power portfolio, … Read the full press release
(IN BRIEF) Norsk Hydro ASA has scheduled its Annual General Meeting for May 7, 2024, at 10:00 CEST, offering a hybrid format allowing shareholders to attend either in person or digitally, with options for advance voting or proxy participation. While … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, Media, Metals and Minerals, News, Norway
Tagged Financial, Hybrid Annual General Meeting, investment, Norsk Hydro ASA
(IN BRIEF) ANDRITZ, an international technology group, has acquired a 13.8% stake in HydrogenPro, a Norwegian company specializing in pressurized alkaline electrolyzers for green hydrogen production. This acquisition builds upon the strategic partnership established between the two companies in the … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, News, Norway, Technology
Tagged acquisition, Andritz, HydrogenPro, Joachim Schönbeck, Norway, partnership, sustainability
(IN BRIEF) Yara International ASA is scheduled to release its first quarter 2024 results on Friday, April 26, 2024, at 08:00 CEST, followed by a presentation in English at 12:00 CEST. Interested parties can access the report, presentation, and webcast … Read the full press release
Posted in Business, Chemicals, Economy, Financial, Industrial, Investment, Management, Media, News, Norway
Tagged Financial, First Quarter 2024 Results, investment, Yara International ASA
(IN BRIEF) Borealis and AKVA Group have collaborated to introduce a groundbreaking innovation in sustainable aquaculture: the world’s first workboat hull crafted from renewable plastic. Utilizing Borealis’ Bornewables™ range of renewable polyolefins, AKVA Group’s iconic Polarcirkel series now boasts a … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, News, Norway, Transportation & Logistics
Tagged AKVA Group, aquaculture, Borealis, Freddy Bakken Braseth, John Webster, Norway, partnership, Renewable Plastic Workboat Hull, sustainability
(IN BRIEF) Norwegian People’s Aid, in collaboration with Telia, is piloting the use of portable mobile base stations to extend cellular coverage in areas lacking network infrastructure. This initiative aims to enhance communication capabilities during critical search and rescue missions, … Read the full press release
Posted in Business, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Non Profit, Norway, Technology, Telecom
Tagged Henning Huuse, humanitarian, Jon Christian Hillestad, Kristoffer Christiansen, Norway, Norwegian People’s Aid, partnership, Portable Mobile Base Stations, Search and Rescue Missions, sustainability, Telia
(IN BRIEF) Gasum, a leading Nordic energy company, and the Norwegian Road Transport Association (NLF) have joined forces to promote the use of biogas as a key component of Norway’s green energy transition. The collaboration aims to raise awareness about … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Transportation & Logistics
Tagged biogas, fossil diesel, Gasum, Jogeir Munkeby, Kjell Olafsrud, Norway, Norwegian Road Transport Association (NLF), partnership, Rune Amundsen, sustainability, Transportation Industry
(IN BRIEF) The Norwegian Directorate for Civil Protection has approved the construction of an ammonia bunkering facility at Fjord Base in Florø, Norway, marking a pivotal moment in the push for low-emission shipping fuels. Yara Clean Ammonia, Azane, and Fjord … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Ammonia Bunkering Facility, Azane, Fjord Base, low-emission, Magnus Ankarstrand, Norway, partnership, shipping, Steinar Kostøl, Stig Førde, sustainability, Yara
(IN BRIEF) Fundamentering AS (FAS), a subsidiary of AF Gruppen, has secured a contract with Metrostav Norge AS for foundation work on the Ramfjord Bridge in Troms, commissioned by the Norwegian Public Roads Administration. Valued at approximately NOK 100 million … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged AF Gruppen, Fundamentering AS, Geir-Vidar Sørheim, Laukslett, Metrostav Norge AS, partnership, Ramfjord Bridge Foundation Work, sustainability, Sørbotn, Troms
(IN BRIEF) Strøm Gundersen AS, a company within AF Gruppen, has secured two turnkey contracts totaling NOK 516 million excluding VAT for the construction of a hotel and an office building in Brakerøya, Drammen. The first contract, valued at NOK … Read the full press release
Posted in Business, Construction, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged AF Gruppen, construction, Drammen, hotel, office building, partnership, Strøm Gundersen AS, sustainability
(IN BRIEF) DNV, a renowned risk management and quality assurance firm, has collaborated with Moss Maritime, a leading offshore design and engineering services provider, to advance the deployment of floating solar technology, particularly in challenging environmental conditions. This partnership has … Read the full press release
(IN BRIEF) Hydro Extrusions has announced an agreement to sell its fabrication unit in Kaunas, Lithuania, to VE Invest UAB. The Kaunas plant, with approximately 170 employees, serves as a fabrication unit for Hydro’s extrusion plants in Sweden and Denmark. … Read the full press release
Posted in Business, Denmark, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, Metals and Minerals, News, Norway, Sweden
Tagged acquisition, Bruno D’hondt, Denmark, Hydro Extrusions, Kaunas Plant, Lithuania, partnership, Paulius Velicka, sustainability, Sweden
(IN BRIEF) The Norwegian government, along with industry associations and trade unions, has finalized an agreement on the future of the Norwegian CO2 compensation scheme, slated to be effective from 2024 to 2030. This agreement, encompassing a maximum annual CO2 … Read the full press release
(IN BRIEF) Nordic Investment Bank (NIB) has signed a 7-year loan agreement to support ferry and express boat operator Norled AS in its investments towards zero and low carbon vessels and associated land-based infrastructure in Norway from 2024 to 2030. … Read the full press release
Posted in Banks, Business, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Transportation & Logistics
Tagged Harald Rokke, Maritime Transition, NIB, Norled AS, Norway, partnership, sustainability
(IN BRIEF) DNV provided crucial technical due diligence services to MYTILINEOS, enabling the successful financial close of the Munna Creek solar project in Queensland, Australia. With an installed capacity of 150 MWp and main offtakers including Telstra and National Broadband, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Australia, Brice Le Gallo, DNV, Financial, Matthew Forwood, Matthew Tilbrook, Munna Creek Solar Farm, MYTILINEOS, partnership, sustainability
(IN BRIEF) Equinor ASA’s nomination committee proposes Mikael Karlsson as a new member of the company’s board of directors, aiming to expand the board to 11 members following the departure of Michael Lewis. Karlsson, currently a partner and Vice Chairman … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, Norway
Tagged ABB Energy Ventures, Actis Capital, Board of Directors, Equinor ASA, Mikael Karlsson
(IN BRIEF) Hydro Rein, Equinor, and Scatec have commenced operations at the Mendubim solar project in Brazil’s Rio Grande do Norte state, marking a significant step forward in the country’s renewable energy landscape. Developed through a partnership between the three … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Technology
Tagged Alunorte, Brazil, Carlos Neves, Equinor, Hydro REIN, Mendubim Solar Project, Olav Kolbeinstveit, Olivier Girardot, partnership, Scatec, sustainability, Terje Pilskog
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