SLB OneSubsea secures electric SPS EPC contract offshore Norway

SLB’s joint venture OneSubsea has secured a contract from Equinor for the engineering, procurement and construction (EPC) of a pioneering 12-well, all-electric subsea production system (SPS) for the Fram Sør field offshore Norway. Following a collaborative …

Norway takes lead in storing CO2 gas

Norway has created a strong economy by taking advantage of reserves of oil and gas but has been criticised for ‘ignoring’ the need to move to cleaner fuel. As Britain declares that it will not grant new licences for further North Sea oil exploration ( …

Caterpillar Stock Slips Premarket After Norway’s $2-Trillion Sovereign Fund ‘Excludes’ Firm Over Gaza War Concerns

The fund cited Caterpillar’s bulldozers being used in “widespread unlawful destruction” of Palestinian property, alongside the exclusion of five Israeli banks. U.S. industrial equipment firm Caterpillar (CAT) stock slipped 0.5% in premarket trading on …

Norway Picks Joachim Trier’s ‘Sentimental Value’ for the International Feature Oscar Race

Norway has chosen Joachim Trier‘s “Sentimental Value” starring Renate Reinsve to enter the Oscars’ international feature film race. The movie world premiered at Cannes where it won the Grand Prize from a jury presided over by Juliette Binoche. “Sentimental …

Norway fund divests from US firm Caterpillar over Gaza, West Bank abuses

Norway’s $2-trillion wealth fund, the largest in the world, has divested from US construction equipment giant Caterpillar over the firm’s purported involvement in rights violations perpetrated by the Israeli military in Gaza and the occupied West Bank. The …

Norway make Odegaard squad decision after injury scare

Norway wealth fund excludes Caterpillar, 5 Israeli banks over Gaza

Norway's sovereign wealth fund announced on Monday that it had divested from U.S. construction equipment group Caterpillar, as well as five Israeli banking groups, over purported involvement in rights violations in Israel's military campaign in …

Norway excludes Caterpillar from sovereign wealth fund over links to Palestinian destruction

Norway’s €1.7 trillion sovereign wealth fund excluded heavy-equipment maker Caterpillar based on Israel’s use of its bulldozers to destroy Palestinian property in Gaza and the West Bank. While the fund has excluded more than 20 Israeli companies this …

Oscars: Norway Submits Joachim Trier’s ‘Sentimental Value’ For Best International Feature Film Race

Joachim Trier’s Cannes-winning title, Sentimental Value, has been submitted as Norway’s entry for the Best International Feature Film category at the 98th annual Academy Awards. Sentimental Value was chosen from a shortlist of three Norwegian films, …

Norway shows the way while we keep funding the well-off

Devastating strikes The news that Israeli forces have killed another five journalists along with medical staff, patients and other civilians in strikes on Nasser Hospital in Gaza, is devastating (“Five journalists among 20 killed by Israeli strike on …