Economics/Financial Analysis News in Norway

Cloudberry Announces First Quarter 2022 Financial Results
6/7/2022 - Cloudberry Clean Energy ASA reports a consolidated EBITDA for the first quarter of 2022 at 12MNOK and strong growth in revenue. The Company reports significant ramp-up in production as projects under ...
Diversified DeepOcean Reports 42% Revenue Growth
6/6/2022 - Ocean services provider DeepOcean announces revenues of USD 499.4 million in 2021, an increase of 42 percent versus the prior year (2020: USD 352.5 million).

“After a successful but challe...
TECO 2030 Releases Q1 2022 Report
5/31/2022 - TECO 2030 ASA releases its Q1 2022 Report. The report is attached to this Stock Exchange Notice and can be found on the Company's website.

TECO2030 has reached a series of significant mile...
BW Offshore Announces First Quarter Results 2022
5/27/2022 - HIGHLIGHTS
• EBITDA of USD 84.8 million
• Operating cashflow USD 147.9 million
• Equity ratio 35.9% and USD 409.1 million in available liquidity
• Annual dividend increased to ...
Solstad Offshore Announces Financial Report for the 1st Quarter 2022
5/9/2022 - - High order intake in 1Q 2022, with signed new contracts worth approximately NOK 2.6 billion. The market outlook for the Company’s services continue to improve. - During the quarter, 78 vessels have...
Equinor First Quarter 2022
5/4/2022 - Equinor reports adjusted earnings of USD 18.0 billion and USD 5.18 billion after tax in the first quarter of 2022. IFRS net operating income was USD 18.4 billion and the IFRS net income was USD 4.71 b...
Aker Horizons Announces First-Quarter Results 2022
4/29/2022 - Aker Horizons ASA, a developer of green industrial projects and technologies that accelerate the net zero transition, announced its financial results for the three months ended 31 March 2022. The comp...
PGS Announces First Quarter 2022 Results
4/28/2022 - Takeaways Q1 2022
- Revenues and Other Income of $136.2 million, compared to $165.7 million in Q1 2021
- Increased contract and MultiClient late sales revenues compared to Q1 2021
- ...
Lundin Energy Provides Update on 1st Quarter 2022 Financial Results
4/14/2022 - Lundin Energy AB will publish its financial report for the first quarter 2022 on Wednesday, 27 April 2022. For the first quarter 2022, Lundin Energy will expense pre-tax exploration costs of approxima...
PGS Announces Q1 2022 Update
4/11/2022 - Based on a preliminary review, PGS expects to report Revenues and Other Income according to IFRS* for Q1 2022 of approximately $136 million, compared to $165.7 million in Q1 2021.

As infor...
Publication of the Annual Report for 2021
4/8/2022 - The board of directors of Pandion Energy has approved the company’s annual report for 2021, including the audited financial statements for 2021.

Jan Christian Ellefsen, CEO of Pandion Ener...
TGS Q1 2022 Revenue Update
4/8/2022 - Based on preliminary reporting from operating units, TGS management expects net Segment revenues* for Q1 2022 to be approximately USD 114 million, compared to USD 75 million in Q1 2021. Net IFRS reven...
Invitation to Send Estimates for First Quarter Financial Results
4/8/2022 - Equinor invites analysts with coverage of the company to provide estimates for the first quarter adjusted results.

Equinor publishes first quarter 2022 financial results on 4 May.

...
EMGS Announces Vessel Activity & Multi-Client Sales Update for the 1st Quarter 2022
4/6/2022 - Electromagnetic Geoservices ASA (“EMGS”) releases information on vessel activity and multi-client sales during the quarter 4-5 working days after the close of each quarter. The Company defines vessel ...
Results of the Annual General Meeting of Maersk Drilling
4/6/2022 - The Drilling Company of 1972 A/S (“Maersk Drilling”) adopted the following resolutions at its Annual General Meeting:

Financial year 2021
• Annual Report for 2021 was adopted
• P...
PGS Announces Approval of 2021 Annual Financial Statements & Update on Financing Status
3/8/2022 - The board of directors of PGS ASA ("PGS" or the "Company") has approved the 2021 annual financial statements and annual report.

There are no material changes to the financial statements com...
Floatel International Announces 4th Quarter Interim Report and Presentation
2/23/2022 - Floatel International Ltd (“Floatel”) presents its consolidated financial statements for the fourth quarter of the financial year 2021.

Highlights:
• The fourth quarter fleet utilizat...
Noreco Announces Fourth Quarter 2021 Results
2/16/2022 - Norwegian Energy Company ASA ("Noreco" or the "Company") announced its fourth quarter 2021 results. The quarter delivered both strong production of 27.5 mboepd and a [strong] financial result with rev...
Saga Pure Announces Fourth quarter 2021 Financial Results
2/16/2022 - Saga Pure ASA reported a net profit in the fourth quarter 2021 of NOK 92.6 million (Cont. operation Q4 2020: NOK 213.3 million), not adjusted for the underlying positive value development in Bergen Ca...
Prosafe Announces Fourth quarter 2021 results
2/11/2022 - EBITDA for the fourth quarter was USD 4.4 million (USD 0.7 million), reflecting a higher activity level with a fleet utilisation rate of 59.3 per cent (25.0 per cent). Following the completion of the ...

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