News

The NCS is barely halfway through its oil and gas story, according to NPD

Business

Category: Energy

STAVANGER — The Norwegian Petroleum Directorate’s forecasts show that, after a minor decline in 2019, oil and gas production will increase from 2020 and up to 2023. Overall production will then approach the record year of 2004.  “The activity level on the Norwegian Shelf is high. Production forecasts for the next few years are promising […]

Source: WorldOil


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Norway Cuts 2019 Oil Output Forecast to Lowest in 30 Years

AmCham

Category: AmCham News

Norway’s oil regulator reduced its forecast for production this year, predicting crude output could drop to the lowest in three decades before recovering in 2020. Oil output of 82.2 million cubic meters, or 1.42 million barrels a day, would be the lowest since 1988. The forecast compares to actual production of 86.2 million last year, and is […]

Source: Bloomberg


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Signing of US – Norway Bilateral Maritime Arrangement

Business

Category: Government

January 9th 2019, the United States and Government of Norway signed an Arrangement which advances maritime threat response collaboration between the two nations. At a ceremony, hosted by the White House National Security Council, the Arrangement was signed by the Norwegian Defense Attaché to the US Rear Admiral Ole M. Sandquist and the Director of […]

Source: Regjeringen


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NACC chapter opens in Los Angeles

Business

Category: Trade

In Field of Dreams, James Earl Jones tells a broke farmer if he builds a baseball diamond, “people will come.” The next scene is cars lined up to see baseball played in an Iowa cornfield. That’s Hollywood. Building Norwegian American Chamber of Commerce Los Angeles will not follow a Hollywood script. President Erik Steigen and the board […]

Source: Norwegian American


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US Chamber of Commerce: 2019 State of American Business Address

Business

Category: Government

U.S. Chamber of Commerce President and CEO Thomas J. Donohue, in his annual State of American Business address today, laid out the business community’s top policy priorities for the coming year, casting the organization’s agenda as a means for preserving, strengthening, and expanding the American dream. Tackling the U.S. economy’s workforce challenges—including through education and […]

Source: US Chamber of Commerce


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