News

Be Bold, Free Transatlantic Trade

Business

Category: Government

The European Union has a unique opportunity to reignite economic growth by launching negotiations on a bold trade agreement with the United States, the Transatlantic Trade and Investment Partnership (TTIP). Done properly, TTIP would give European firms – especially smaller companies – much greater access to a huge market, spurring demand without burdening budgets or […]

Source: European Voice

Published: March 19, 2024


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Michael Jacobs ny Microsoft-sjef

Business

Category: Technology

Hege Skryseth skal slutte som administrerende direktør i Microsoft Norge.  Det er Dell Norges administrerende direktør Michael Jacobs som tar over,   skriver Microsoft i en pressemelding. Han starter 1. september.  – Det er med stor glede jeg har sagt ja til stillingen som administrerende   direktør for Microsoft i Norge, sier Jacobs. Microsoft er verdensledende på   […]

Source: Computerworld

Published: March 19, 2024


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Norway Opens More Arctic Waters to Oil Exploration

Business

Category: Energy

The area in the eastern Barents Sea, as big as Switzerland, is estimated to hold about 1.9 billion barrels of oil equivalent, of which 15 percent is oil, the Norwegian Petroleum Directorate said earlier. Norway has wanted to explore in the area for years but a four-decade border dispute with the Soviet Union and then […]

Source: Reuters

Published: March 19, 2024


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Norway’s DNB Says May Need to Set Aside More Capital

Business

Category: Financial / Investment

DNB may need 40 to 60 billion crowns ($7-$10.5 billion) of extra core capital by 2016, CEO Rune Bjerke said, above the bank’s projection in March for 40-50 billion. “Therefore we must withhold more of our profit to build the capital demanded by the authorities,” Bjerke said. “We are doing three things to achieve that: […]

Source: Reuters

Published: March 19, 2024


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GE Oil & Gas Awarded $147M Contract for Statoil’s Snøhvit CO2 Project

Business

Category: Energy

Under the contract, GE will supply subsea production and injection equipment for Statoil’s Snøhvit carbon dioxide (CO₂) injection project, designed to provide a robust CO₂solution. The CO₂is naturally present in the reservoir, and is produced with natural gas at the field. The CO₂is separated from the gas onshore before it is pumped back to the […]

Source: World Oil

Published: March 19, 2024


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