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Statoil to Reduce Interest in US Southern Marcellus

Business

Category: Energy

Statoil has agreed to reduce its working interest in the non-operated US southern Marcellus onshore asset from 29% to 23%, following a USD 394 million transaction with Southwestern Energy (the “transaction”). “The transaction reduces Statoil’s non-operated holdings at an attractive price, demonstrating the value of the Marcellus assets” said Torstein Hole, Statoil senior vice president […]

Source: Statoil

Published: December 24, 2014


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The Norwegian firm that tests the world’s ships

Business

Category: Shipping & Offshore

For a business that few people have heard of, and whose uninspiring name sounds a few digits short of a number plate, Norwegian company DNV GL continues to pass the test of time. Celebrating its 150th anniversary this year, and with an annual turnover of more than $3bn (£2bn), its chief executive Henrik Madsen says […]

Source: BBC

Published: December 21, 2014


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Sons of Norway serves up lutefisk dinner for many

Business

Category: Culture / Lifestyle

Duluth, MN (NNCNOW.com) — There’s a special dinner item that is enjoyed right here in the Northland during the holidays. Lutefisk… Love it or hate it, it’s a tradition for many. It’s that time again and Norway Hall is packed. “We think it’s the best lutefisk dinner in Duluth” said Lutefisk Chef, Kris Eide, and […]

Source: Northlands News Center

Published: December 14, 2014


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Norway’s tree at Union Station to feature environmental message

Business

Category: Culture / Lifestyle

Ah, the holidays — they’re all about Christmas carols, mistletoe, and… global warming? That’s according to the 32-foot Christmas tree at Union Station donated by Norway, which will be festooned with polar bear ornaments to remind holiday merrymakers of something a little more serious than visions of sugarplums. Norwegian Ambassador Kåre Aas tells us the embassy […]

Source: The Washington Post

Published: December 1, 2014


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Northrop Grumman completes first F-35 center fuselage for Norway

Business

Category: Defense / Security

Fifty-two center fuselages will eventually be fabricated for Norway. This first part is the 166th center fuselage made to date by the company. Northrop Grumman Corporation (Palmdale, CA, US) has completed — on budget and on schedule — the center fuselage for the first F-35 Lightning II aircraft to be ordered by Norway, a conventional takeoff […]

Source: compositesworld

Published: December 15, 2014


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