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Deadline Looms For U.S.-EU Steel, Aluminum Deal

Category: Business News

The U.S. and EU are racing to conclude a “Global Arrangement on Sustainable Steel and Aluminum” and avert a renewed outbreak of tit-for-tat tariffs. Here’s what is at stake.   The U.S. and the European Union face a self-imposed October 31 deadline to conclude what officials are calling a Global Arrangement on Sustainable Steel and […]

Source: U.S. Chamber of Commerce


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Baker Hughes wins contracts from Vår Energi for work offshore Norway

Category: Business News

Baker Hughes announced two awards from Vår Energi that expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea production systems.

Source: World Oil

Published: May 2, 2024


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Minister Huitfeldt’s lecture at Luther College, Iowa

Category: Business News

Thank you, Dr. Johnson, for your welcoming words,
I am very pleased to be here at Luther College. A college founded by Norwegians more than 160 years ago. Its first president was Peter Laurentius Larsen – Laur Larsen. He was born in the town of Kristiansand on the southern coast of Norway in 1833. When Larsen grew up, Norway was among the poorest countries in Europe.

Source: Norwegian Ministry of Foreign Affairs

Published: May 2, 2024


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$12 trillion to be spent on renewables and grid infrastructure in the U.S and Canada by 2050 – Report

Category: Business News

DNV publishes Energy Transition Outlook North America. The report covers the energy future of the U.S. and Canada through to 2050 Policies are triggering massive investment into new technologies, accelerating the energy transition in North America Domestic fossil fuel demand declines 60%, mainly in transport and power sectors, but export remains stable while domestic energy […]

Source: DNV.com


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KONGSBERG awarded NOK 1 billion CROWS order

Category: Business News

Kongsberg Defence & Aerospace AS (KONGSBERG) has received an order from the US Army to deliver an additional 409 CROWS remote weapon stations, spares and support. The order has a value of USD 94 million or approximately NOK 1 billion.   The order is part of the IDIQ* frame contract awarded in October 2022, the […]

Source: Kongsberg


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