NEWS

Reuters: Exxon Mobil seeks bids for Norwegian offshore assets

Category: Business News

OSLO (Reuters) – Exxon Mobil is considering selling all of the stakes it holds in oil and gas fields off the Norwegian coast, a spokeswoman said. Two years ago the U.S. major – the world’s largest oil company – sold its operated assets in the area. But it has retained stakes in more than 20 […]

Source: Reuters

Wired: How Oslo’s best startups are building the future of the Norwegian economy

Category: Business News

Norway is one of the world’s richest nations – mostly thanks to the discovery of oil deposits in the North Sea half a century ago. Easy access to capital, coupled with a desire to move the economy beyond fossil fuels, has created fertile ground for startups. The capital, Oslo, is Norway’s main startup hub, attracting […]

Source: Wired

Published: June 12, 2019

Reuters: Alone among peers, Norway raises rates, eyes two more hikes

Category: Business News

OSLO (Reuters) – Norway’s central bank raised its main interest rate on Thursday, as expected, and said it may hike again in September and in the first half of 2020 as domestic strength trumps a global economic slowdown, strengthening the crown currency. The bank raised its key policy rate to 1.25% from 1.0%, in line […]

Source: Reuters

Published: November 24, 2024

World Oil: NPD releases production figures for May 2019

Category: Business News

STAVANGER — Preliminary production figures for May 2019 show an average daily production of 1,599,000 bbl of oil, NGL and condensate, which is a decrease of 120,000 bpd compared to April. Total gas sales were 9.9 Bscm (Gsm3), which is a decrease of 0.1 Gsm3 from the previous month. Average daily liquids production in May was: […]

Source:

Press Release: OSM CEO Espen Høiby Named “Entrepreneur of the Decade” by Seed Forum Global.

Category: Airline / Travel

CEO Espen Høiby has been awarded the prestigious prize as “Entrepreneur of the Decade” by Seed Forum Global. Espen Høiby was recognized for his long experience, active involvement and effective entrepreneurship over several years in multiple start-ups, and most prominently for having succeeded in building up OSM Aviation as a fast-growing international entrepreneurial success. Read […]

Source: OSM