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F-35 Takes Over QRA Mission from F-16

Category: Business News

Thursday 6 January 2022 was a historic day for the Royal Norwegian Air Force. On this day, Norway’s new F-35s officially took over the QRA mission, ending the F-16 fleet’s 42 year-long mission serving Norway and NATO. The formal transfer of authority from F-16 to F-35 took place at Evenes Air Base in northern Norway […]

Source: F-35 Lightning II - Lockheed Martin


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U.S. Claims Title of World’s Largest LNG Exporter

Category: Business News

(Bloomberg) –The U.S. became the world’s No. 1 exporter of liquefied natural gas for the first time ever last month, as deliveries surged to energy-starved Europe. Output from American facilities edged above Qatar in December after a jump in exports from the Sabine Pass and Freeport facilities, according to ship-tracking data compiled by Bloomberg. Cheniere […]

Source: World Oil


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Prime Minister Jonas Gahr Støre – New Year Speech 2022

Category: Business News

Excerpt from Prime Minister Jonas Gahr Støre’s New Year speech: I am deeply impressed by how all of you, the people of Norway, have coped with the pandemic despite all these challenges. We have fought COVID-19 by standing together, and by following the recommendations and rules, including those that have been most intrusive on our […]

Source: Regjeringen


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Norway’s Oil Regulator Seeks Value Creation Through Better Use of Data

Category: Business News

OSLO – The Norwegian Petroleum Directorate (NPD) has taken an initiative to discuss with the industry which steps can be taken to increase value creation through better use of data. The initiative is being taken in an effort to improve the NPD’s role as data manager. “Having the right data available at the right time […]

Source: World Oil


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Norway Wealth Fund CEO Sees Market Weakness, Inflation Threat

Category: Business News

(Bloomberg) — The head of Norway’s $1.4 trillion wealth fund said he expects a lengthy period of weakness in financial markets and warned that inflation could be the most significant challenge ahead. Nicolai Tangen, chief executive officer of Norges Bank Investment Management, told Germany’s Frankfurter Allgemeine Zeitung that after achieving an average rate of return […]

Source: Bloomberg


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