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Bloomberg: Norway’s Krone Hits Record Low Against Euro

Business

Category: Accounting / Financial

Norway’s krone hit the weakest on record against the euro, surpassing the previous record set during the 2008 financial crisis. The krone touched 10.1641 per euro at 2:45 p.m. in Oslo, according to Bloomberg data, amid pressure from global tensions and weakening oil prices. Read entire article HERE.

Source: Bloomberg


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E24: Ingrid Sølvberg er ny toppsjef for Oljedirektoratet

Category: Business News

Ingrid Sølvberg tar over som direktør i Oljedirektoratet etter Bente Nyland, ifølge en melding. Hun ble utnevnt av Kongen i statsråd fredag. Olje- og energidepartementet har ikke fastsatt hvilken dato hun skal ta over. Bente Nylands periode går imidlertid ut ved nyttår. Direktørstillingen i Oljedirektoratet lyses ut som åremålsstilling på seks år, med mulighet for […]

Source: E24

Published: October 11, 2019


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Bloomberg: Record-Large Floating Wind Farm Set for Norway

Category: Business News

Equinor ASA made a final decision to invest in floating wind turbines to power offshore oil platforms off Norway after the government agreed to subsidize a large part of the cost. Hywind Tampen will cost a total of almost 5 billion kroner ($550 million), it said in a statement on Friday. That’s in line with the state-controlled company’s […]

Source: Bloomberg

Published: October 11, 2019


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Maritime Executive: Norway Releases Action Plan for Green Shipping

Category: Business News

Norway has released an action plan for green shipping, saying that its maritime industry is a world leader in the development of low- and zero-emission solutions. The Government’s ambition is to reduce emissions from domestic shipping and fishing vessels by half by 2030. The report notes that with current technology, maritime transport is generally the […]

Source: MAREX

Published: October 7, 2019


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World Oil: Kongsberg Digital to digitalize Shell’s Nyhamna gas facility in Norway

Category: Business News

ASKER, NORWAY – Kongsberg Digital, a subsidiary of KONGSBERG, signed an agreement to digitalize the Nyhamna facility, a gas processing and export hub for Ormen Lange and other fields connected to the Polarled pipeline. A/S Norske Shell is entering the partnership as operator of Ormen Lange and on behalf of Gassco as the operator of […]

Source: World Oil

Published: October 11, 2019


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