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Business - General Business

Norwegian company Kongsberg Automotive has entered into a contract with a European car maker for the delivery of seat comfort products. The contract is worth 287 million Euro (NOK 2,150 million).

 


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Business - Money and Finance

The trade surplus for the first six months of 2012 amounted to NOK 242.5 billion. This was an increase of almost 25 per cent compared to the first half of 2011.


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Business - Oil & Gas/Shipping

Norway's Statoil has signed an agreement with FMC Technologies for the manufacture and supply of subsea production equipment to support the development of the Gullfaks South field.

 


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Business - General Business

The final blade of the eighty-eighth and last wind turbine at the Sheringham Shoal Offshore Wind Farm was bolted into place this week marking one of the few remaining milestones in the construction of this 317MW project in the Greater Wash the coast of North Norfolk.


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Business - Oil & Gas/Shipping

So far this year, seven new oil- and gas finds have been made on the Norwegian Shelf, according to the Norwegian Petroleum Directorate (NPD). More than half the finds were made in the North Sea.


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Business - Oil & Gas/Shipping

Statoil has made a significant gas and condensate discovery in the King Lear prospect in the southern part of the Norwegian North Sea along with its partner Total E&P Norge.


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Business - General Business

The Norwegian company Applica Training Systems (ATC) has signed a contract with the US Defence for the development and delivery of a computer-based training program for F-35 fighter pilots.


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Business - Oil & Gas/Shipping

The Norwegian Ministry of Petroleum and Energy hass announced the 22nd licensing round, which includes 86 blocks or parts of blocks in the Norwegian Sea and Barents Sea.


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Business - Oil & Gas/Shipping

Norwegian engineering company Aker Solutions is investing in a new multi-purpose service site for its drilling equipment business in Brazil, significantly expanding its capacity to serve the country's fast-growing drilling market.


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Business - Business

Minister of Finance and Trade, Trond Giske, has invited the directors of the companies in which the Norwegian government own shares or stocks to a meeting to discuss management salaries.

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