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Norwegian offshore wind ports can create billions in value annually by 2030

Category: Business News

A new report from Menon Economics finds that Norwegian ports investing in offshore wind can generate NOK 8.4 billion in annual value and employ approximately 6,400 people by 2030. The report was commissioned by Norwegian Offshore Wind, Eksfin, Invest in Rogaland, Invest in Bergen, and Invest in Agder. It’s the first of its kind to […]

Source: Norwegian Offshore Wind


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MSD’s legacy of antimicrobial innovation and action

Category: Business News

Delivering on our commitment to fight infectious diseases for more than a century. For more than 100 years, MSD has contributed to the discovery and development of novel medicines and vaccines to fight infectious diseases. With the growing burden of antimicrobial resistance (AMR), we’ve focused on stopping the increasing threat of AMR.  Read full article here.

Source: MSD


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Øker CO2-kompensasjonsordningen med 1,7 milliarder kroner

Category: Business News

Regjeringen foreslår å øke bevilgningen til CO2-kompensasjonsordningen for industrien med om lag 1,7 milliarder kroner til 6,4 milliarder kroner sammenlignet med fjorårets budsjett. Samtidig foreslår regjeringen å øke kvoteprisgulvet fra 200 kroner til 375 kroner. Dette innebærer at industrien kun får støtte for den delen av kvoteprisen som overstiger 375 kroner. – Forutsigbarhet rundt ordningen […]

Source: Regjeringen


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Norway Renames Oil and Energy Department to Reflect Green Shift

Category: Business News

Norway’s oil and energy ministry will streamline its name as the country looks beyond the hydrocarbons that today account for about a quarter of gross domestic product. From Jan. 1, Terje Aasland will take the new title of Energy Minister, the government said Monday, adding that the role of the ministry remains unchanged. The department […]

Source: Bloomberg


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Castlelake Consortium Selected to Provide Private Credit Solution to SAS

Business

Category: Airline / Travel

Castlelake and its strategic partners including AirFrance-KLM, were selected to provide financing to SAS, as part of its Chapter 11 bankruptcy proceedings. Castlelake will provide a tailored financing solution that demonstrates our 18 years of aviation experience, creative structuring capabilities and relationship-focused approach. Read more about the transaction in the official announcement here: https://www.sasgroup.net/newsroom/press-releases/2023/sas-reaches-major-milestone-in-sas-forward–announces-the-winning-consortium-including-details-of-the-transaction-structure/ Read article here.

Source: Castlelake


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