News

Aker Philadelphia Shipyard Starts Construction of First Product Tanker for Joint Venture with Crowley

Business

Category: Shipping & Offshore

Crowley and APSI have signed contracts for the first four tankers, with a total contract value of approximately $500 million. A small ceremony with representatives from Crowley and APSI was held in the shipyard’s Fabrication Shop to commence cutting on the ship’s first steel plate. That plate will become part of the double hull of […]

Source: Aker Philadelphia Shipyard Inc.

Published: June 1, 2014


More

Testimony of US Ambassador Designate to Norway

Business

Category: Government

Mr. Chairman, Ranking Member Johnson, and esteemed Members of the Committee: I am both honored and humbled to appear before you today as President Obama’s nominee to be Ambassador to the Kingdom of Norway. I thank the President for his trust and confidence in me, and I am grateful to this committee for considering my […]

Source: US Senate Committee on Foreign Relations

Published: October 24, 2018


More

2013 Summary: The Norwegian Continental Shelf

Business

Category: Energy

An unprecedented number of wildcat wells were drilled, and the number of exploration wells recorded was the second highest ever. A record number of fields are in operation on the Norwegian shelf. Discoveries in 2013 offset roughly half of what was produced in the same year. An unprecedented number of wildcat wells were drilled, and […]

Source: Norwegian Petroleum Directorate

Published: October 24, 2018


More

Fund Makes Two Additional US Property Investments

Business

Category: Financial / Investment

The San Francisco property marks NBIM’s first U.S. office investment on the West Coast. These are the second and third investments in the recently formed joint venture, which announced an investment in One Financial Center in Boston in early December. NBIM and MetLife will maintain their previously announced ownership stakes, 47.5 percent and 52.5 percent, […]

Source: Norges Bank

Published: October 24, 2018


More

MetLife and Norwegian Pension Fund Team Up for D.C. Building

Business

Category: Financial / Investment

Norges is the fund manager for the Norwegian Government Pension Fund Global, which reported about $810 billion in assets at the close of the third quarter of 2013. The sale on the property — assessed at $579.8 million, according D.C.’s Office of Tax and Revenue — closed Wednesday morning, according to sources. Manulife spokeswoman Beverley […]

Source: Washington Business Journal

Published: September 1, 2014


More

Archive