(IN BRIEF) Equinor (OSE: EQNR, NYSE: EQNR) announces its proposed cash dividends for the fourth quarter of 2023. Shareholders can expect an ordinary cash dividend of USD 0.35 per share, along with an additional extraordinary cash dividend of USD 0.35 … Read the full press release
(IN BRIEF) Equinor (OSE: EQNR, NYSE: EQNR) announced the commencement of the first tranche of its share buy-back programme for 2024, starting on February 8, 2024. As part of this tranche, shares worth up to USD 396 million will be … Read the full press release
(IN BRIEF) Equinor, a leading energy provider, reported strong financial results for the fourth quarter of 2023, recording adjusted earnings of USD 8.68 billion and USD 1.88 billion after tax. The quarter saw significant operational achievements, including a 2.1% production … Read the full press release
(IN BRIEF) Equinor ASA has initiated a share repurchase program for its employee incentive plans, scheduled from February 15, 2024, to January 15, 2025. Authorized at the annual general meeting in May 2023, the program allows for the acquisition of … Read the full press release
(IN BRIEF) AF Gruppen has received a nomination from the South-Eastern Norway Regional Health Authority to serve as the contractor for the construction of temporary office and accommodation facilities at the New Rikshospitalet (Oslo University Hospital) located in Gaustad, Oslo. … Read the full press release
(IN BRIEF) DNV, a leading independent assurance and risk management provider, has officially opened its Training Hub for Industrial Knowledge (THInK) in Abu Dhabi, United Arab Emirates. This state-of-the-art training facility, the first of its kind in the region, aims … Read the full press release
(IN BRIEF) Equinor, a leading energy company, has reported positive safety trends in its 2023 safety results. The serious incident frequency per million hours worked (SIF) remained stable at 0.4 in the fourth quarter of 2023 compared to the end … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Management, News, Norway, Security & Safety
Tagged 2023 Safety Results, Equinor, Jannicke Nilsson, Positive Trends, Reduced Incidents
(IN BRIEF) Airbus, Avinor, SAS, Swedavia, and Vattenfall have signed a Memorandum of Understanding to investigate the feasibility of establishing a hydrogen infrastructure at airports in Sweden and Norway. The collaboration aims to understand hydrogen aircraft concepts, operations, supply, infrastructure, … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Sweden
Tagged Airbus, Anna Borg, Avinor, Guillaume Faury, Hydrogen-Powered Airports, Nordic Aviation, Norway, partnership, SAS, sustainability, Swedavia, Sweden, Vattenfall
(IN BRIEF) DNV, the independent energy expert and assurance provider, has played a pivotal role in facilitating the successful closure of financing for MYTILINEOS S.A.’s portfolio of solar farm projects in Chile. The portfolio includes the Willka, Doña Antonia, Tocopilla, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway
Tagged Chile, DNV, partnership, Santiago Blanco, Solar Power Projects, sustainability
(IN BRIEF) Equinor has chosen Lufttransport RW AS to operate two new search and rescue (SAR) helicopters for the Troll and Oseberg areas, boosting helicopter capacity. Lufttransport is now the third helicopter operator eligible for Norwegian Continental Shelf (NCS) assignments. … Read the full press release
(IN BRIEF) In a significant development, the European Commission has signed an amendment to the InvestEU guarantee with the Nordic Investment Bank (NIB), making NIB the implementing partner for Norway and Iceland. This expansion broadens NIB’s lending capacity under the … Read the full press release
Posted in Banks, Business, European Union, Financial, Finland, Iceland, Industrial, Investment, Management, News, Norway
Tagged André Küüsvek, Denmark, Estonia, Finland, Iceland, InvestEU, Latvia, Lending Capacity, Lithuania, NIB, Norway, partnership, Poland, sustainability, Sweden
(IN BRIEF) Equinor has commenced operations at its Blandford Road battery storage facility in the UK, marking a significant milestone in its efforts to provide flexible power solutions and support the country’s transition to low-carbon energy. The 25 MW/50 MWh … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Infrastructure & Utilities, Norway, Technology, United Kingdom
Tagged Alex Grant, battery storage, British Energy Security Strategy, Danske Commodities, electricity, Electricity North West, ENWL, Equinor, lithium-ion battery, Noriker Power, Olav Kolbeinstveit, power solutions, SEPD, Southern Electric Power Distribution, The Blandford Road battery storage, The Welkin Mill battery storage
(IN BRIEF) DNV and SDTR Marine, a Singapore-based shipping company, have joined forces in a Joint Development Project (JDP) to conduct a feasibility study on Carbon Capture and Storage (CCS) for SDTR Marine’s 85,000 dwt Kamsarmax bulk carrier. The collaboration … Read the full press release
Posted in Business, Energy, Gas & Oil, Industrial, Norway, Technology, Transportation & Logistics
Tagged carbon capture and storage, CCS, Cristina Saenz de Santa Maria, decarbonizing shipping, DNV, feasibility study, Gao Dehui, JDP, Joint Development Project, Kamsarmax bulk carrier, maritime, maritime vessels, SDTR Marine, shipping, Singapore
(IN BRIEF) PGNiG Upstream Norway AS (PUN), a subsidiary of the ORLEN Group, has secured ten new license areas for exploration on the Norwegian Continental Shelf through the Awards in Predefined Areas (APA) for 2023. PUN will act as the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Poland
Tagged acquisition, Daniel Obajtek, License Portfolio, Norway, Norwegian Continental Shelf, ORLEN, partnership, PGNiG, Poland, sustainability
(IN BRIEF) Skanska has secured a contract worth NOK 673 million (approximately SEK 660 million) from DNB Livsforsikring AS, via its subsidiary Trondheim Torg AS, for the renovation and expansion of an existing commercial office building in Trondheim, Norway. This … Read the full press release
Posted in Business, Construction, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, Real Estate, Sweden
Tagged DNB Livsforsikring, Norway, office building, partnership, Skanska, sustainabilty, Trondheim
(IN BRIEF) Hydro, a leader in low-carbon aluminum production, has joined the First Suppliers Hub, a tool launched at the World Economic Forum’s annual meeting in Davos. The hub streamlines the transition from climate commitments to action for companies dedicated … Read the full press release
Posted in Energy, Gas & Oil, Environment, Industrial, Metals and Minerals, Norway, Switzerland, Technology
Tagged aluminium, Climate Action, Davos, First Movers Coalition, FMC, green aluminium, green transition, Hilde Merete Aasheim, Hydro, low-carbon aluminium, The First Suppliers Hub, Volvo Group, WEF, World Economic Forum
(IN BRIEF) DNV, a prominent classification society, has secured a contract to oversee the construction of two innovative Very Large Ethane Carriers (VLECs) for Purus, a ship owner. These VLECs, built at Hyundai Heavy Industries in South Korea, are set … Read the full press release
(IN BRIEF) DNV has completed a comprehensive market study commissioned by a consortium of Danish entities in the Carbon Capture, Utilization, and Storage (CCUS) sector, aiming to assess Denmark’s potential as a pivotal European CO2 hub. This initiative aligns with … Read the full press release
(IN BRIEF) Hydro, a leading aluminium producer, is making significant strides in its quest to achieve zero CO2 emissions in aluminium production. The company is testing emission-free plasma technology in its Sunndal casthouse, aiming to electrify the energy-intensive aluminium remelting … Read the full press release
Posted in Business, Environment, Industrial, Management, Metals and Minerals, News, Norway, Technology
Tagged aluminium production, Eivind Kallevik, emission-free, HalZero, Hydro, Hydro Sunndal, Plasma Technology, sustainability
(IN BRIEF) Hydro has achieved a significant reduction in the carbon footprint of its Hydro CIRCAL recycled aluminum, lowering it to 1.9 kg of CO2e/kg aluminum from the previous 2.3 kg of CO2e/kg. This achievement is the result of advancements … Read the full press release
Posted in Business, Environment, Industrial, Management, Metals and Minerals, News, Norway
Tagged carbon footprint, Hydro, Hydro CIRCAL, Ingrid Guddal, Recycled Aluminum, sustainability
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