Aker Solutions and ABB Join Forces to Propel and Power Subsea Production
Aker Solutions and ABB agreed to build on their combined strengths in subsea, power and automation technologies to develop solutions that will improve oil and…
Finance
Telenor increases revenues
Telenor reported a profit before taxes of 6.688 million kroner in the first quarter of this year. Revenues are growing, and the number of subscribers…
Stores will not be opened on the second day of Pentecost
The ministry of culture rejects the application of the NHO trade members to maintain the grocery industry open on Sunday, the second Pentecost day this year. The ministry…
Cheaper for Telenor customers in Europe
Telenor is removing the extra cost of using mobile phones when traveling in Europe. Before 15 June next year, all the other Norwegian mobile providers…
Expecting a real downturn for Statoil
The first quarter results from Statoil will be published on Wednesday. The big question is not whether there will be a downturn, but how big…
Online game winner has to pay 25 million kroner in taxes
In September 2011, a 22 year old student from Os won NOK 92.4 million on online games. Now, both the District Court and Court of…
Statoil Invests in Offshore Wind Energy
Statoil has reported that the company will be making a ‘substantial’ investment in offshore wind energy in Europe. This new investment will increase the total…
Low oil prices will have major consequences for the oil-rich Gulf States
Low oil prices meant a loss of income of over 3.200 billion kroner for the oil-rich Gulf states last year , and this year the losses…
Hotel strike escalates
The hotel strike escalates, with 2,447 more members in 209 enterprises going on strike. Nearly 3,500 members of Fellesforbundet (the Joint Federation) went on strike last…
Statoil may resist the new job cuts
Further 500 jobs could disappear in the group, according to Stavanger Aftenblad. In June last year it became clear that Statoil will cut up to…
Tax Administration warns of scam
The Tax Administration warns of an email asking for confirmation of identification. This is a scam, according to the agency. In the email it reads…
NAV- 4,400 new alerts regarding redundancies and possible layoffs
The number of warnings about redundancies and possible layoffs remain high. In March NAV received 4400 alerts, 1,400 more than a year ago. So…
Farmers dissatisfied with government’s agricultural policy
Half of the farmers believe that the government’s agricultural policy have had a negative effect on the financial situation of their farms , according to…
Almost 60 employees of Ello in Kristiansund may lose their jobs
Close to 60 employees in personal care factory Ello in Kristiansund are in danger of losing their jobs. On Monday morning the Board of Orkla…
The hotel strike is underway
At 8 o’clock Sunday morning, nearly 3,500 hotel and restaurant employees went on strike. This means that many hotels will have to close. 3351 members…
Decline in construction industry in Rogaland in 2015
The local kind-of-activity units in the construction industry in Rogaland had a decline of 2.6 per cent in 2015, while the overall growth in construction…
Statkraft on the list of Norway’s 100 Most Attractive Employers
Statkraft has been ranked as the sixth most attractive employer among engineering students and was awarded the price as “Best in Industry” within Power and…
Proposal for amendments to the VAT Act
The Government proposes amendments in the representative scheme of registration in the Norwegian VAT Register. The proposal will make it easier for foreign businesses to…
Dramatic Cuts in NOV
520 of the 2,400 permanent employees employed by drilling giant National Oilwell Varco (NOV) have been fired. The layoffs are likely to affect the head…
More than 35,000 job cuts in oil industry
The oil crisis has so far led to more than 35,000 jobs in the industry disappears. DNB Markets broker Truls Oma Erichsrud informs news agency…