Latest Posts Under: Norway

Agder Energi secures NIB loan to increase hydropower efficiency in Norway

The Nordic Investment Bank (NIB) has approved a 10-year loan to Norwegian energy group Agder Energi to increase hydropower efficiency and install a new turbine at an existing hydro power plant in Agder, Norway. The NOK600 million (€59.39 million) loan will be used for renewing the Åseral Nord hydropower project located along the Mandal watercourse. The […]

Vår Energi awards Balder X project contract to BHGE and Ocean Installer

Baker Hughes, a GE company, and Ocean Installer have bagged a subsea contract from Vår Energi for the Balder X project, which is being taken up in the North Sea with an investment of NOK 15 billion ($1.65 billion). The contract is for providing engineering, procurement, construction and installation (EPCI) of subsea systems and associated […]

Snefrid Nord gas field in Norwegian Sea brought on stream by Equinor

The Snefrid Nord gas field located in the Norwegian Sea has been brought into production by Equinor and its partners through a subsea tieback to the Aasta Hansteen gas field. According to Equinor, the Snefrid Nord field is the first discovery to be developed as a tie back to the Aasta Hansteen field, which entered […]

Air Liquide, Equinor to boost carbon capture and storage project in Norway

Air Liquide, French industrial gases company, has signed a memorandum of understanding with Equinor and its partners Shell and Total to join the Northern Lights CCS project – a new carbon capture and storage project (CCS project) in Norway. The collaboration is said to demonstrate Air Liquide’s commitment to the development of a low carbon […]

NEC acquires OncoImmunity AS to strengthen AI-driven immunotherapy pipeline

NEC Corporation, a Japanese information technology (IT) services and products provider, has acquired Norwegian bioinformatics company OncoImmunity AS, enhancing its resources and capabilities that support the development of its individualized immunotherapy pipelines. OncoImmunity AS will now become a subsidiary of NEC and operate under the name of NEC OncoImmunity AS. Commenting on the acquisition, Osamu […]

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