Erna Solberg News

Norway's oil minister reiterated on Tuesday that Western Europe's largest oil producer was soon to conclude whether to cut its output following historical curbs agreed by the OPEC+ group.Brent crude front-month contract fell to $18.10 a barrel on Tuesday, its lowest since December 2001, after U.S. May futures dropped to minus $40 a barrel on Monday due to worries about the novel coronavirus pandemic's impact on fuel demand."We have not yet concluded. It will happen soon," Oil…

Norway's prime minister Erna Solberg has opened the Johan Sverdrup field center, and the Minister of Petroleum and Energy, Sylvi Listhaug, also attended the opening.Since Equinor and the Johan Sverdrup partners Lundin Norway, Petoro, Aker BP and Total started the field on 5 October last year, production has increased to a level well above 300,000 barrels per day.Johan Sverdrup is expected to yield a total production revenue exceeding NOK 1 400 billion and more than NOK 900 billion in revenue to the Norwegian state.Expected recoverable Johan Sverdrup reserves are 2.7 billion barrels of oil equivalent. Two thirds of the oil from Johan Sverdrup are expected to be produced before 2030.The field is setting a new standard for CO2 efficiency.

"Koselig" is a Norwegian adjective used to describe situations that give a feeling of comfort, warmth, and relaxation. The NorShipping exhibition and conference, one of the largest in northern Europe, could definitely be described as koselig. Occurring in Oslo, Norway between June 4-7, 2019, the conference featured close to 1,000 exhibitors from around the world. With the prominently featured Blue Economy Hall, terms such as marine sustainability and environmental ocean awareness held the center stage at a number of the events. In true Norwegian fashion, most of the major press announcements were delivered in semi-intimate gathers with copious amounts coffee by maritime CEOs and VPs who enjoyed being called by their first names.

Kitack Lim, Secretary General of the International Maritime Organization (IMO), will be taking the stage at Nor-Shipping 2019’s Ocean Leadership Conference on June 4, to talk about the future of maritime regulations. Lim will join an elite group of global thought leaders at the Thon Hotel Arena Lillestrøm, adding to a program designed to deliver insights on issues ranging from cyber security, to economic strategy, sustainable development, geopolitical forces, future energy demands, and much more.Nor-Shipping has refined its traditional opening conference this year to create a new format.

The Fjords will add another all electric passenger vessel to its fleet Legacy of The Fjords which is now under construction at Brødrene Aa. While the operator is certainly not new to the innovative, zero emission ferry market, this 400-passenger, carbon fiber catamaran is unique in that it marks the company’s move into a new operating area: Oslo.Currently The Fjords operates 11 vessels serving Western Norway’s fjords area, Vision of the Fjords and Future of the Fjords serving as the flagships, sailing daily between Flåm and Gudvangen.

Mario Mehren, CEO of Wintershall, Germany's largest crude oil and natural gas producer, has presented Wintershall’s growth plans in Norway during a visit by Norway's Prime Minister, Erna Solberg, to Berlin.Mehren announced a further increase in production during a discussion with the Prime Minister and representatives of German energy politics and the energy industry, which was held at the Norwegian Embassy."It has become clear during the last few weeks that Wintershall and DEA will become the company Wintershall DEA within the next year. As Europe's leading independent gas and oil producer, we will continue to expand our activities in Norway," said Mehren. "More competition is good for the Norwegian shelf.

Norwegian shipbuilder VARD has secured a contract worth approximately NOK 250 million ($29.5 million) to build the world’s first autonomous and electric container vessel, Yara Birkeland. VARD will deliver the groundbreaking ship for launch in early 2020, and the vessel will gradually move from manned operation to remote-controlled voyages and then fully autonomous sailing by 2022.Yara Birkeland is the result of a partnership between Norwegian chemicals company YARA and technology firm KONGSBERG…

China’s Sinochem International Logistics, a leading chemical tanker owner and operator with 80 vessels, is implementing DNV GL’s data smart fleet management system ShipManager on the entire fleet, optimizing operations and improving performance and efficiency. The contract was signed in April at the opening of DNV GL’s newbuilt near-zero-emission Green Office Centre in Shanghai, with the Norwegian Prime Minister Erna Solberg in attendance, in addition to two of her cabinet members. DNV GL - Software CEO Are Føllesdal Tjønn and Sinochem International Logistics Vice General Manager Zhang Xin signed the contract at the ceremony. “We are proud to be partnering with Sinochem, an innovative and growing shipping company in Asia,” said Tjønn.

This is historic, we tell ourselves, as PBES founder Brent Perry walks us around his still labor-intensive “battery factory” in the heart of Norway, from where ship owner capital controls half of the world’s offshore tonnage. Perry, a shipbuilder himself, has chosen to house his first production center here in the haunt of another ship builder, Selfa Arctic, whose move north left for Perry a young cadre of college-educated workers. They’ll build PBES’s stackable configurations of batteries that do not catch fire.

Norway’s Prime Minister Erna Solberg, along with Jan Grevstad, Norwegian Ambassador to the Republic of Korea, and other Norwegian government officials, visited Hyundai Heavy Industries (HHI) to meet with Choi Kil-seon, chairman and CEO of HHI, and Kwon Oh-gap, president and CEO of HHI. During the meeting held at the HHI headquarters in Ulsan, South Korea, the prime minister showed particular interests in HHI that has been developing long-term business partnerships with the Norwegian companies and government in the areas of offshore exploration and production…

Close to 1,000 maritime exhibitors showed off the breadth and diversity of the shipping industry at this week’s Nor-Shipping, the bi-annual event that opened in Oslo on 1 June. About 35,000 delegates from 70 countries are expected to attend more than 100 events during the weeklong event that celebrates its 50th anniversary this year. The speakers said that innovation and investment are key to boosting the maritime industry to new levels. A mix of geopolitics, regulatory pressure, innovation and business issues were discussed at the NorShipping. They also discussed important issues for shipping now and in the near future. Engineering experts at Nor-Shipping have called for more open-source systems to be used on vessels if shipping is to realize the efficiency goals for which it is striving.

Indonesian President Joko Widodo and Prime Minister of Norway Erna Solberg agreed to cooperate on deep sea technology for oil and gas exploration and maritime sector. Norway has been advanced on deep sea technology and Indonesia thinks it is beneficial to have cooperation in this sector because many of its oil reserve are located in deep sea," Indonesian Energy and Mines Minister Sudirman Said said. Most of Indonesia's oil and gas reserves are located in deep sea in the eastern part of the country. The minister said that Indonesia's state oil and gas firm PT Pertamina and Norway's state company State Oil would cooperate in implementing the plan.

Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, stated that the surveillance vessel “Marjata” was named at Vard Langsten by the Norwegian Prime Minister, Mrs. Erna Solberg. The vessel was contracted by the Norwegian Defence Logistics Organisation in 2011 and will be operated by the Norwegian Intelligence Service. It is especially equipped for surveillance activity in the Barents Sea and the High North, and is one of the most technologically advanced of its kind world-wide. The naming ceremony for the vessel took place on 6 December 2014 and was attended by the Minister of Defence, Mrs. Ine Eriksen Søreide, as well as high-ranking representatives of the Norwegian Armed Forces and Norwegian Intelligece Service.

Norway’s Prime Minister Erna Solberg visited DNV GL Høvik yesterday, September 16. Group President & CEO Henrik Madsen was host. “The Prime Minister was both enthusiastic and interested in DNV GL’s views on climate-friendly technologies in the industries we serve. We hope that our input on technological opportunities will be useful in the Norwegian government's work aimed at promoting a greener economy,” said Henrik Madsen when the hour long visit was over. As well as the Prime Minister herself, Norway’s Minister of Climate and Environment, Tine Sundoft, participated in the meeting.

Norwegian prime minister Erna Solberg officially opened the Gudrun platform in the North Sea today, 19 August. This is the first new Statoil-operated platform on the Norwegian continental shelf (NCS) since Kristin in 2005. Gudrun is the first in a long line of new field developments operated by Statoil, and therefore it represents a new era on the NCS. The next in line is Valemon, which is scheduled for start-up later this year. Gina Krog and Johan Sverdrup on the Utsira High are next in the North Sea.

Norway's right wing government will retain its current holding in oil and gas firm Statoil , backing off a pre-election proposal to cut the stake to about 50 percent from the current two thirds of the shares. The government led by the Conservative Prime Minister Erna Solberg has pledged to reduce the state's role in the economy to give the private sector more breathing space and shrink what it considers a bloated public sector. The government owns about a third of shares listed…

To mark the 150th anniversary of the Foundation Det Norske Veritas (DNV) and the one year anniversary of its merger with Germanischer Lloyd (GL), DNV GL says events attended by dignitaries, government officials and customers have been held in Oslo. Over 1000 guests gathered in Oslo to celebrate DNV’s 150th anniversary and DNV GL’s first year as a merged company. The event started at the Oslo Opera House, followed by an evening dinner at DNV GL’s headquarters in Høvik. The event was opened by Henrik O. Madsen, President & CEO of the DNV GL Group. “Today we celebrate, but it is also a moment to reflect and thank our partners and friends all over the world, who have been on the long journey together with us.