Norwegian billionaire Kjell Inge Rokke, who built most of his fortune on oil and gas, says the time has come to start investing more heavily in renewable energy.
Aker Solutions has announced plans to merge with fellow Norwegian energy service firm Kvaerner and appoint a new chief executive.
Norwegian energy giant Equinor has announced more than £270 million in contracts for its Hywind Tampen floating wind project.
Engineering and constriction firm Kvaerner has today outlined its plans to increase its offshore wind work, alongside a concerted push for floating production storage and offloading (FPSO) vessel manufacturing contracts.
Italian engineering firm Rosetti Marino said today that its selection by Shell for an early phase design contest showed the firm was “competitive” in the UK.
Energy giant Equinor has announced it will shut down down the Statfjord A platform, 43 years after it produced first oil.
Equinor has awarded an £85 million contract for the supply of a jacket for the second phase of the Johan Sverdrup project to Kvaerner.
Aker Solutions and Kvaerner will carry out additional hook-up and commissioning work on Equinor's Johan Sverdrup field offshore Norway.
Norwegian engineering firm Kvaerner has delivered the last of three jackets for Equinor's Johan Sverdrup project.
Norwegian engineering and construction firm Kvaerner will carry out another £45 million pounds worth of work on Equinor's Njord A platform.
Statoil has signed letters of intent with Aibel as well as an Aker Solutions-Kvaerner joint venture for work on phase two of its massive Johan Sverdrup development.
Discussions to avert strike action have broken down between union leaders and employers in Norway with a mediator having to be brought in.
Norwegian engineering firm Kaerner has appointed Karl-Petter Løken as its new president and chief operating officer.
Norwegian oil service firms are taking part in pay discussions today to avoid the potential for widespread industry strikes.
Norwegian firm Kvaerner has announced plans to invest 370 NOK (£33.8million) in a major extension to its quay site in Stord.
Energy giant Statoil has awarded Norwegian engineering firm Kvaerner a 3.8billion NOK contract for construction and installation of the floating production, storage and offloading (FPSO) vessel to be used in the Johan Castberg field.
Norwegian firm Kvaerner has reported healthy earnings, but they come against the backdrop of significant revenue losses for the year.
Kvaerner has announced an agreement with Allseas for the recycling of the topside and bridge of the Valhall QP platform.
Norwegian fabrication firm Kvaerner will scrap the Nyhamna facility's subsea compression pilot for Shell.
Kvaerner has completed the construction of the first steel jacket for the Johan Sverdrup development in the North Sea, offshore Norway.
The Norwegian Petroleum Directorate (NPD) has awarded framework agreements to eleven supplier firms.
Norwegian engineering giant Kvaerner has experienced a "turbulent" market since the 2014 downturn.
Statoil has released footage of the Njord A platform being towed to the Kvaerner Stord yard in Norway last summer.
Aker Solutions said today it had clinched a deal worth £95million for upgrading Statoil’s Njord A platform in Norway.
Statoil is said to have made a call-off from the framework agreement for upgrading of the Njord A semi-submersible platform.