All posts by Margrethe Harboe

Pfizer Invests $43 Billion to Battle Cancer

NEW YORK & BOTHELL, Wash.–(BUSINESS WIRE)– Pfizer Inc. (NYSE: PFE) and Seagen Inc. (Nasdaq: SGEN) today announced that they have entered into a definitive merger agreement under which Pfizer will acquire Seagen, a global biotechnology company that discovers, develops and commercializes transformative cancer medicines, for $229 in cash per Seagen share for a total enterprise value of $43 billion. The Boards of Directors of both companies have unanimously approved the transaction.

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Baker Hughes Signs Strategic Collaboration Agreement with Amazon Web Services, Inc. to Deliver the LeucipaTM Automated Field Production Solution

Baker Hughes, an energy technology company, signed a strategic collaboration agreement with Amazon Web Services, Inc. (AWS) to develop, market and sell the cloud-based Leucipa automated field production solution. The initial phase of the solution was introduced at the 2023 Baker Hughes Annual Meeting.

The collaboration leverages AWS services such as advanced analytics and Baker Hughes’ expertise in the oil and gas industry to create an automated field production solution designed to allow operators to manage field production. By automating field production, the Leucipa solution improves performance and energy efficiency, which will reduce emissions. The Leucipa solution also minimizes health and safety exposure by reducing trips to the field. AWS is Baker Hughes’ preferred and recommended cloud provider for the Leucipa automated field production solution.

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Amerikanske investeringer i infrastruktur på Rygge flystasjon er viktig for Norges forsvarsevne

Snart starter arbeidet med amerikanske infrastrukturinvesteringer på Rygge. Prosjektene er knyttet til mottak av amerikanske kampfly og vil være viktige også for NATO. – De amerikanske investeringer i infrastruktur på Rygge vil ha positiv betydning for norsk, nordisk og alliert sikkerhet, sier forsvarsminister Bjørn Arild Gram (Sp).

I juni 2022 samtykket Stortinget til inngåelse av en tilleggsavtale om forsvarssamarbeid mellom Norge og USA. Avtalen legger blant annet til rette for amerikanske investeringer i infrastruktur på omforente områder, og Rygge flystasjon er ett av de fire omforente områdene som ble etablert da avtalen trådte i kraft.

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DOE to offer $2.5B for carbon capture projects at power plants, industrial sites

The Department of Energy will provide $2.52 billion in funding for two carbon capture programs, with additional funding possible later, the agency said Thursday.

Through its Carbon Capture Demonstration Projects Program, DOE is offering $1.7 billion for about six commercial-scale carbon capture projects integrated with carbon transportation and geologic storage infrastructure.

The program focuses on projects that can be replicated at power plants and major industrial sources of carbon emissions, such as cement, pulp and paper, iron and steel plants, the department said.

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Desert Control opens first U.S. facility in Yuma

YUMA, Ariz. (KYMA, KECY) – A new agriculture company from Norway moved into Yuma County.

Desert Control opened its first operations base in the United States here in Yuma, making it possible for farmers to grow more, with less water.

The company says it’s excited to bring the benefits of liquid natural clay to local farmers and create economic value for the area.
 

AmCham Mentorship Program – Final Group Gathering 2023

AmCham Mentorship Program Final Group Gathering: Change Management & Talent Trends

Participants of the AmCham Mentorship Program attended their fourth and final group gathering; the culmination of a 9-month program consisting of group gatherings and one-on-one mentor-mentee sessions for 62 participants from 26 member organizations across ten industries. The finale, held at IBM’s inviting and interactive Client Center in the heart of downtown Oslo, featured presentations by IBM and Talent Solutions (ManpowerGroup).

 

Hans-Henrik Merckoll

CEO

May-Britt Falcke

Country Director

Leadership in Unchartered Terrain

At the helm since 2019, Hans-Henrik Merckoll, CEO at IBM Norway has led the company through transformational change including restructuring and global pandemic retooling. When confronted by uncertainty, the leadership compass instinctively points towards the company’s purpose: to be a catalyst for positive change in the world. In addition, “passion emanated through leadership will ultimately evoke the same notion with clients and employees.” Responding to the pandemic aftermath, Merckoll walked participants through initiatives presented at the workplace to maintain the all-important corporate culture. In addition to recognizing high performance amongst employees, their development is also weighted, where also “failures” are part and parcel of the journey towards improvement.

“The new world is built on speed.”

IBM, now focusing on hybrid cloud and AI, is a leading American multinational technology corporation that has thrived for 112 years. In order to maintain status as a preferred technology partner meeting the needs of today and understanding the needs of the future, IBM focuses heavily on research and development. A purpose-led leadership combined with mandatory employee training (R&D curriculum) are, as demonstrated by Merckoll, factors that ensure continued engagement, production levels, and results, in a world that is changing very quicky.

The New Human Age

As technological disruption and talent shortages increase the complexity of workforce needs, organizations must optimize talent strategies to execute their business strategies. With over 28 years’ experience with developing teams, May-Britt Falcke, Country Manager at Talent Solutions, knows first-hand how organizations can best be equipped when maneuvering the new talent markets.

One of the world’s largest staffing firms, the ManpowerGroup’s expert family of brands – consisting of Manpower, Experis, Jefferson Wells and Talent Solutions – all provide specialized workforce solutions. Talent Solutions is a global talent management offering that provides outplacement, career management and leadership development. Drawing from the Group’s latest report: The New Human Age, Falcke presented workforce trends shaping the future of work. Shifting demographics (an older workforce), individual choice, tech adoption, and selected competitive drivers were named as the main forces impacting the future of work, each supported by underlying trends. Echoing Merckoll’s point on speed, Falcke also pointed out the rapid development within technology and thus the need for personnel in that field, requiring flexible solutions in order to pivot in this “new age.”

Participating Companies 2022-23:

About the AmCham Mentorship Program

With its unique cross-industry orientation, the AmCham Mentorship Program offers a dynamic, internationally minded arena for leadership development.

The program pairs emerging corporate talent with seasoned executives from AmCham Patron-level member companies. The result: a collaborative arena that fosters improvement and reflection, prepares young leaders for the challenges of the international marketplace, and forges bonds between AmCham member companies.

The Mentorship program is available to Patron-level members of AmCham Norway. For interest in participating in the upcoming edition of AmCham’s Mentorship Program, please contact Margrethe.Harboe@amcham.no.

Past Mentorship Program Events

Lockheed Martin Awarded $1.1 Billion Initial Contract To Provide Nation’s First Sea-Based Hypersonic Strike Capability

LITTLETON, Colo.Feb. 17, 2023 /PRNewswire/ — Lockheed Martin (NYSE: LMT) is partnering with the U.S. Navy to integrate hypersonic strike capability onto surface ships.

 

The U.S. Navy awarded Lockheed Martin a contract worth more than $2 billion, if all options are exercised, to integrate the Conventional Prompt Strike (CPS) weapon system onto ZUMWALT-class guided missile destroyers (DDGs). CPS is a hypersonic boost-glide weapon system that enables long range missile flight at speeds greater than Mach 5, with high survivability against enemy defenses.

“Lockheed Martin continues to advance hypersonic strike capability for the United States through this new contract,” said Steve Layne, vice president of Hypersonic Strike Weapon Systems at Lockheed Martin. “Early design work is already underway. Our team looks forward to supporting the warfighter by providing more options to further protect America at sea.”

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Exxon to use Honeywell carbon capture tech at hydrogen facility

NEW YORK, Feb 15 (Reuters) – Exxon Mobil Corp (XOM.N) will use technology from Honeywell International Inc (HON.O) to capture carbon dioxide at a proposed hydrogen production facility in Texas, Honeywell said.

Honeywell said the technology would enable Exxon to capture about 7 million tons of carbon dioxide (CO2) per year, equivalent to emissions from 1.5 million automobiles for one year, Honeywell said.

The facility at Baytown, Texas, facility, is expected to start operating by 2028.

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Air Products Opens New Offices in New York State and Alberta, Canada

Air Products (NYSE: APD) today announced plans to broaden its Americas presence by establishing two new Project Delivery offices in Edmonton, Alberta, Canada and Buffalo, New York (NY).

“Given the increasing number of projects in the United States and Canada, and the evolving footprint of our industrial gas business, additional offices in these locations will place our business in a strong position,” said Anthony Buzzeo, Air Products’ General Manager – Americas. “We have strategically located these new execution offices close to our project sites, which has several benefits including access to a strong technical talent pool and proximity to several distinguished engineering schools.”

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