Category: Business News
STAVANGER — Our estimates indicate that more than half of the oil and gas that has not yet been discovered is located in the Barents Sea. The rest is distributed between the Norwegian Sea and the North Sea. The opportunities are greatest in the Barents Sea, where vast areas have not yet been explored. The […]
Source: World Oil
Published: May 8, 2019
Category: Business News
Raytheon Company announced today that they will integrate the Naval Strike Missile (NSM) into the US Marine Corps existing force structure under a $47.59 million Other Transaction Authority agreement with Marine Corps Systems Command. A USMC NSM supports the 2018 National Defense Strategy and Commandant of the Marine Corps modernization efforts. NSM is a long-range, […]
Source: Kongsberg
Published: May 7, 2019
Category: Business News
A metals manufacturer faked test results and provided faulty materials to NASA, causing more than $700 million in losses and two failed satellite launch missions, according to an investigation by the U.S. space agency. The fraud involved an Oregon company called Sapa Profiles Inc., which falsified thousands of certifications for aluminum parts over 19 years […]
Source: Bloomberg
Published: May 1, 2019
Category: Business News
Norway’s $1 trillion wealth fund gained $84 billion in the first quarter, or $16,000 per citizen, after it took advantage of a market sell-off late last year to build its massive portfolio. Return was 9.1 percent, or 738 billion kroner ($84 billion) Stocks rose 12.2 percent, bonds 2.9 percent and real estate 1.7 percent Fund […]
Source: Bloomberg
Published: May 5, 2019
Category: Business News
The statistics for personal taxpayers give an overview of taxable income, income deductions and taxable assets, as well as taxes and tax allowances for people with a tax obligation in Norway. The statistics are based on data from the Norwegian Tax Administration. Click HERE to see the updated statistics.
Source: SSB