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After three weeks of negotiating with Swedish authorities, Norwegian trucks that weigh more than 40 tons are allowed to cross the border again.


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Business - Fisheries and Fish farming

 

Within 40 years, the size of the Norwegian seafood industry is projected to grow to six times its current revenue level, researchers state in a new report that will be published this week.(Photo: Minister of Fisheries Lisbeth Berg-Hansen)


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Business - Oil & Gas/Shipping

Earlier predictions that the oil will run out in the years ahead have been challenged. A new prognosis predicts that Norway will experience a peak in oil production in 2020.

 


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Business - Oil & Gas/Shipping

Statoil is still trying to find a solution, which will allow the company to participate in the Shtokman project. However, both technical and commercial challenges must be solved before Statoil makes a final investment decision.


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Business - Oil & Gas/Shipping

By agreement with the partners in the Goliat licence, and due to the delay in the delivery of the production platform, Eni Norge has decided to postpone production start-up at the Goliat field until the third quarter of 2014.


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Business - Oil & Gas/Shipping

Statoil's LNG plant at Melkøya (photo), near Hammerfest in Northern Norway is back in production, after a shut-down on July 10th, following the ingression of water into the natural gas dryers.

 


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Business - General Business

The Kongsberg Group has signed a contract modification with the US Army increasing the existing CROWS II frame contract with NOK 508 million for purchase of spare parts and depot support.


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Business - Oil & Gas/Shipping

Aker Solutions has signed a contract with Hyundai Heavy Industries to supply a complete drilling equipment topside package to a new semi-submersible drilling rig the South Korean yard is building for Seadrill, the rig operator.


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Business - General Business

Norwegian telecommunications provider Telenor has reported Second Quarter revenues of NOK 25.4 billion, representing an organic revenue growth of five per cent. (Photo: Telenor CEO Jon Fredrik Baksaas)


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Business - Oil & Gas/Shipping

Preliminary production figures for the first half of 2012 are 8 per cent higher than the same period last year. Four new fields have started producing during this year’s first six months.


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