Building the World’s Largest 4G Offshore Network
Statoil has chosen Maritime Communications Partner (MCP) to deploy and operate its high speed 4G-network on the Norwegian Continental Shelf (NCS). Statoil and MCP have signed a six-year contract with an option to extend for another four years. With that, MCP will immediately start building the world’s largest 4G network at sea.
Norway to Sign up to EU Sanctions against Russia
Norway, an exporter of oil and gas technology and food products to Russia, said on Wednesday it planned to join the program of economic sanctions the European Union is imposing on Moscow. The EU and the United States on Tuesday announced further sanctions targeting Russia's energy…
Norway to Retain Statoil Stake
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…
Norway Mulls Reducing Stakes in Telenor, Kongsberg Gruppen
Norway's center-right minority government considers reducing its stake in the telecommunications company Telenor to 34 percent, the public broadcaster NRK said on Thursday evening. The government also considers reducing its stake to 34 percent in Kongsberg Gruppen, the broadcaster added.
