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WEF: USA 2nd, Norway 17th in the Global Competitiveness Index 4.0 2019 Rankings
Category: Business News
This year’s Global Competitiveness Report is the latest edition of the series launched in 1979 that provides an annual assessment of the drivers of productivity and long-term economic growth. With a score of 84.8 (+1.3), Singapore is the world’s most competitive economy in 2019, overtaking the United States, which falls to second place. Hong Kong SAR (3rd), […]
Source: World Economic Forum
Published: October 10, 2019
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Bloomberg: Norway Oil Coffers About to Get Giant Boost From the North Sea
Category: Business News
Equinor ASA has started its Johan Sverdrup oil field, a rare mega-project in the North Sea that’s been a boon for Norway’s offshore industry and now promises to deliver a huge production boost for the country. Discovered in 2010 in an area that had been disregarded by most explorers, the site started production on Saturday […]
Source: Bloomberg
Published: October 5, 2019
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Condé Nast Traveller: Hotel Amerikalinjen Named Best Hotel in Northern Europe in 2019 Readers’ Choice Awards
Category: Business News
In this year’s edition of Condé Nast Traveller’s annual Readers’ Choice Awards for Northern European Hotels, Hotel Amerikalinjen beat out competitors from cities such as Berlin, Copenhagen, Stockholm, and Amsterdam to take the top spot. See Condé Nast Traveller’s full ranking of Northern European hotels HERE.
Source: Condé Nast Traveller
Published: October 7, 2019
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MarineLog: Foss inks U.S. offshore wind MOU with Østensjø Rederi
Category: Business News
Foss Maritime LLC, Seattle, has signed a Memorandum of Understanding with Haugesund, Norway, headquartered Østensjø Rederi AS to establish a partnership to provide domestic Service Operation Vessels (SOVs) for offshore wind projects in U.S. waters. “After spending time in Europe engaging with marine service providers, we are very fortunate to have developed this relationship with […]
Source: MarineLog
Published: March 10, 2019
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Bloomberg: Norway Unexpectedly Withdraws Cash From Massive Wealth Fund
Category: Business News
Norway unexpectedly took almost $400 million from its sovereign wealth fund in August, marking the first such withdrawal in over a year as western Europe’s biggest petroleum producer takes advantage of its enormous piggy bank amid a decline in oil prices. Tapping the world’s biggest wealth fund remains an extremely rare occurrence in Norway. The government made its first […]
Source: Bloomberg
Published: October 1, 2019
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