OSLO: Statoil will invest about 2 billion Norwegian crowns ($236 million) in building a floating wind farm off the Scottish coast, in what the Norwegian oil and gas group said would be the first of its kind in the world.
The company, which has run a single floating offshore turbine for several years in Norway, is planning to build a pilot project consisting of five floating turbines, each with 6 megawatt capacity, off the coast near Aberdeen in an area where the water depth is up to 1 .
Norway’s national economic crime unit raided the local office of international shipping company Teekay Offshore this week on suspicion of...
OSLO: Norwegian Prime Minister Erna Solberg will appoint Conservative lawmaker Jan Tore Sanner as the new finance minister, business daily...
OSLO: New electric car sales in Norway rose by a third last year amid soaring demand for Tesla Inc’s (TSLA.O)...
OSLO: Norwegian Air (NWC.OL) hopes to agree compensation from Boeing (BA.N) by year-end over the grounding of the 737 MAX,...
