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Bloomberg: Here’s What Lawmakers Want to Do With Norway’s $1 Trillion Fund
Category: Business News
Key lawmakers gave a nod to a range of changes for Norway’s $1 trillion sovereign wealth fund — from divesting some of its oil stocks, to an overhaul of its fixed-income holdings and tighter restrictions on coal investments. But even after one of the most eventful years in the fund’s history, more change could be […]
Source: Bloomberg
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Reuters: Norway’s oil industry eyes 17% growth in 2019 investments
Category: Business News
OSLO (Reuters) – Oil and gas companies working in Norway have hiked their 2019 and 2020 investment forecasts as they add more field development plans, a survey by the country’s statistics agency (SSB) showed on Tuesday. Higher investment raises the prospect of further interest rate hikes by Norway’s central bank, economists said, as the data […]
Source: Reuters
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MAREX: Norway’s Biggest Spenders
Category: Business News
Many of Norway’s shipping and offshore industries have achieved sustained growth through some of the most turbulent times ever faced, says VesselsValue’s Head of Offshore, Robert Day. Since the last Nor-Shipping in 2017, the number of Norwegian companies owning vessels has increased from 205 to 238. The Norwegian owned fleet has grown by 119 vessels, […]
Source: MAREX
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Equinor: Awarding contracts worth NOK 2.5 billion
Category: Business News
Equinor has awarded drilling service contracts at a total value of about NOK 2.5 billion, exclusive of options, to several suppliers. The services will be delivered to both new and existing fields on the Norwegian continental shelf. Contracts for services related to liner hangers were signed in Equinor’s digital laboratory at Forus, Stavanger, on 14 […]
Source: Equinor
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MAREX: DNV GL Helps Washington State’s Maritime and Tech Sectors Converge
Category: Business News
Pursuing Washington State’s vision of being a world-class, thriving and sustainable maritime industry by 2050, WA Maritime Blue, in partnership with DNV GL and Impact Washington, hosted the inaugural Blue Forum: Uptown Tech Meets the Working Waterfront. Bolstering the Maritime Sector The Blue Forum: Uptown Tech Meets the Working Waterfront is the first in a […]
Source: MAREX
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