Investment News in Norway

Longboat Energy Announces Norwegian Portfolio Update and New Country Entry
2/15/2023 - Longboat Energy, the emerging full-cycle E&P company, is pleased to provide an operational update and to announce its entry into Malaysia.

Norwegian Portfolio
Norway remain...
Wattif EV Secures Multimillion-Euro Investment
1/5/2023 - - We are on a steady course towards becoming Europe's leading provider of destination charging, says Robert Svendsen, CEO of Wattif EV.

Wattif EV has agreed a €50m investment from Margueri...
Investing NOK 115B in NOAKA
12/16/2022 - Aker BP has together with Equinor and LOTOS Exploration & Production Norge made a final investment decision to develop the NOAKA area, and the Plans for development and operation will today be submitt...
Saga Pure Announces Demerger Plan
11/16/2022 - Reference is made to the announcement by Saga Pure ASA ("Saga Pure" or the "Company") on 9 November 2022 concerning the Company's intention to establish a new industrial investment company focused on ...
SunHydrogen Announces $10M Strategic Investment in Norway-Based TECO 2030 ASA
11/15/2022 - SunHydrogen, Inc., the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, announced that it has invested $10M in TECO 2030 ASA.

A Norway-based co...
Equinor Decided to Postpone the Investment Decision for the Wisting Project
11/10/2022 - Equinor and the Wisting partners have decided to postpone the investment decision scheduled for December 2022. The maturation of the project continues, aiming for an investment decision by end of 20...
Mass Electrification only Possible with Heavy Investment
9/22/2022 - Energy industry leaders see an urgent need for greater investment in power grids to better connect regions, secure reliable distribution of resources and meet climate targets. Three quarters (76%) of ...
Vianode Invests NOK 2B in Battery Materials Plant in Norway
9/21/2022 - Vianode, a company owned by Elkem, Hydro and Altor, has decided to invest in its first industrial scale plant for sustainable battery materials at Herøya in Norway.

The investment of around...
Carbon Transition Announces Investment in Dolphin Drilling and Revised Corporate Strategy
9/5/2022 - Carbon Transition has made an investment of USD 1.75 million in a private placement of common shares in Dolphin Drilling AS. Dolphin Drilling is a rig company with several harsh environment semisubmer...
Aker BP Projects Create 145,000 Man-Years at Norwegian Supplier Companies
8/29/2022 - Aker BP will invest NOK 150 billion in development projects on the Norwegian continental shelf over the next five to six years. The projects operated by Aker BP alone will contribute to 145,000 man-ye...
Is the Glass Half-Empty or Half-Full?
6/17/2022 - There's no reason to sit back and rest on our laurels when an old field reaches tail production.

As one of the largest-ever improved oil recovery projects, Snorre in the North Sea should es...
WCS Receives Investment from GM Ventures
6/15/2022 - Wind Catching Systems AS (“WCS”), the developer of floating offshore wind technology, announces a Series A investment round of up to USD 10 million led by GM Ventures (“GMV”) to help fund the developm...
North Energy Participates in Funding Round for Offshore Wind Technology Developer
6/10/2022 - North Energy ASA (North Energy) announces that Wind Catching Systems AS (WCS), the developer of floating offshore wind technology has completed a Series A investment round of up to USD 10 million led ...
Neptune Energy Announces Q1 2022 Results
5/12/2022 - Neptune Energy announced its financial results for the three months ended 31 March 2022.

Good operational perform...
Dolphin Drilling Secures New Investor
5/9/2022 - We are pleased to have secured further investment into Dolphin Drilling from an oil and gas industry specialist, S.D. Standard ETC Plc.

This investment represents a significant show of sup...
Hydrogenone Capital Growth – £3M Investment in Norwegian Green Hydrogen Developer Gen2 Energy
3/3/2022 - HydrogenOne Capital Growth plc has signed definitive agreements for an investment of £3.3m (NOK40m) in Gen2 Energy AS (“Gen2”) as part of a funding round expected to total at least NOK140m. The invest...
Vår Energi and Folkehallene Enter into Long-term Cooperation
2/4/2022 - Vår Energi and Folkehallene join forces on a major investment to strengthen activities for children and young people in the Stavanger region. The ambition is improved public health, social development...
Maersk Drilling & Noble Update on process with the Norwegian Competition Authority
1/15/2022 - As previously disclosed on 10 November 2021 (link), the business combination between The Drilling Company of 1972 A/S (“Maersk Drilling”) and Noble Corporation (“Noble”, and together with Maersk Drill...
Equinor Stepping up on Fusion Investment
12/1/2021 - Equinor Ventures (EV) is increasing its investment in Commonwealth Fusion Systems (CFS) as part of the Series B funding round raising more than USD 1.8 billion to commercialise fusion energy. ...
Investing NOK 10B in Further Developing the Oseberg Field
11/26/2021 - The Oseberg Area Unit partners will reduce CO2 emissions from the Oseberg Field Centre and the Oseberg South platform while increasing Oseberg gas production. An amended plan for development and opera...

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