Leading UK energy company Centrica has awarded Aker Kvaerner's Engineering Services business a contract for the recertification of pressure safety valves for its operations based out of Morecambe Bay.
Woodside Energy Limited in Australia has awarded the Aker Kvaerner and Clough Limited joint venture a contract for the installation of the topsides for the Angel platform.
Norsk Hydro has entered into an agreement with independent Canadian oil and gas company EnCana Corporation to acquire all of the issued shares of an EnCana subsidiary for a cash consideration of 350 million US dollar on a debt-free basis.
Norwegian advertisers have so far this year spent 60 per cent more on advertising on the Internet than in the whole of last year. The turnover has now passed NOK one billion.
SAS is considering selling its shares in British Midland, according to Financial Times. SAS has so far lost SEK 1.5 billion on its cooperation with the British airline.
Norwegian Tine Dairies will in a few days begin the production of its famous Jarlsberg Cheese at Dairygold's plant in Ireland. The reason is that Tine has filled its domestic export quota.
The Australian Commerce and Consumer Commission (ACCC) has given unconditional approval of Norske Skog's acquisition of the remaining 50% of the shares in Pan Asia Paper Company from Abitibi-Consolidated.
The Norwegian Employers' Confederation (NHO) says in a report that the positive development for Norwegian economy will continue for some time, and that the need for more labour will increase.
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