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Norway’s $8 billion Johan Castberg offshore development begins oil production

Category: Business News

(Bloomberg) — Norway’s 86 billion kroner ($8.1 billion) Johan Castberg oil development in the Barents Sea has started pumping, the second major field to begin operations in the country’s Arctic waters. The project, developed by Equinor ASA and partner Var Energi ASA, will reach peak production of about 220,000 barrels of oil a day, Equinor […]

Source: World Oil


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Sailing Through Uncertainty – Ståle Hansen, CEO, Skuld

Category: Business News

How do you navigate an ever-changing industry defined not only by evolving regulations and climate concerns but also by a relentless succession of geopolitical shockwaves? ‘With strong partners,’ says Ståle Hansen. Below, the Skuld CEO offers a steady appraisal of current challenges and opportunities, arguing that collaboration and trust can create stability in a seemingly […]

Source: Nor-Shipping


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Liberty Specialty Markets Appoints Daniel Unstad As Head Of Nordics

Category: Business News

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the appointment of Daniel Unstad as head of Liberty Nordics, effective immediately. Based in Oslo, he will report to Roland Richter, Regional Executive & Sr. Vice President Head of Surety – EMEA and Rob Groenen, general manager, LSM Benelux & Nordics. Unstad brings […]

Source: Liberty Special Markets


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Forsvarsmateriell inngår kontrakt om vedlikehold av F-35 på Rygge

Category: Business News

Forsvarsmateriell har signert en langsiktig vedlikeholdsavtale med Kongsberg Aviation Maintenance Services (KAMS) om etableringen av en ny vedlikeholdsfasilitet for F-35 på Rygge flystasjon. – Når vi nå etablerer dette anlegget, vil det både være en styrking av vår nasjonale beredskapsevne, men også et bidrag til F-35 partnerskapet som ytterligere forsterker fotavtrykket av F-35 i Europa. […]

Source: Regjeringen


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Equinor: Investing NOK 7.5 billion in expansion of the groundbreaking Northern Lights CCS-project

Category: Business News

Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the Northern Lights development. The decision was made after signing a commercial agreement with Stockholm Exergi to transport and store 900.000 tonnes of biogenic CO2 annually for 15 years. Read full article.

Source: Equinor


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