Telenor Group appoints Benedicte Schilbred Fasmer as new President & CEO

OSLO: Telenor Group’s Board of Directors has appointed Benedicte Schilbred Fasmer as new President & CEO. Sigve Brekke is stepping down December 1st after more than 9 years as President…

NNR May 23, 2024

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CTP to construct state-of-the-art dog food facility in Poland

AMSTERDAM: CTP, Europe's leading industrial and logistics property developer, has been commissioned by PsiBufet and Butternut Box, top dog food manufacturers, to construct a specialized facility at CTPark Zabrze. This…

NNR May 22, 2024

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Veidekke signs memo to acquire Euromining AB in Sweden for NOK 500 million

OSLO, NORWAY: Veidekke has entered into a memorandum of understanding relating to its acquisition of the company Euromining AB in Gällivare, Sweden, a machinery contractor focused on the mining industry.…

NNR May 20, 2024

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Hexagon Purus and Hino Trucks unveil Tern, the new zero-emission truck

OSLO, NORWAY: Hexagon Purus, in collaboration with Hino Trucks, has unveiled ‘Tern’ – a brand dedicated to zero-emission trucks. The announcement was made at the Advanced Clean Transportation (ACT) Expo,…

NNR May 20, 2024

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Solutions30 SE acquires 10% stake in So-Tec

PARIS, FRANCE: Solutions30 SE, a prominent player in the Energy and Networks (ENR) business, has announced the acquisition of a 10% stake in So-Tec. This French company, known for its…

NNR May 16, 2024

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Odfjell Technology has acquired McGarian TDC Ltd for initial £3 million

OSLO, NORWAY: Odfjell Technology, a market-leading integrated service provider, has announced its acquisition of McGarian TDC Ltd, a firm specialising in the design of whipstocks, casing & packer milling, fishing…

NNR May 16, 2024

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ABL Group to acquire Ross Offshore in a NOK 100 million deal

OSLO, NORWAY: ABL Group has entered into an agreement to acquire 100 percent of the shares of specialist energy consultancy Ross Offshore from Moreld Group. The transaction values Ross Offshore…

Chenos Kahn May 15, 2024

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The Casino Group sells its 10.15% stake in GreenYellow

PARIS: The Casino Group announces that it has reached an agreement with Ardian and Bpifrance to sell its 10.15% stake in GreenYellow. As an essential and decisive condition of this…

NNR May 13, 2024

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CGG unveils AI Cloud solution powered by NVIDIA for optimized AI and HPC workloads

PARIS: CGG, a renowned leader in technology and high-performance computing (HPC), has unveiled its innovative AI Cloud solution. This advanced platform is engineered to cater to the burgeoning needs of…

NNR May 9, 2024

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Vår Energi sells Norne area assets and increases stake in Ringhorne East

SANDNES, NORWAY: Vår Energi ASA (OSE: VAR) agrees the sale of its Norne area assets to DNO Norge AS for a fixed after-tax consideration of USD 51 million, and DNO…

NNR May 8, 2024

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Rexel to acquire Talley Inc, a US distributor of wireless infrastructure products and solutions

PARIS: Rexel has reached an agreement to acquire Talley Inc, a leading distributor of wireless infrastructure products and solutions in the United States, strongly reinforcing its exposure to the fast-growing…

NNR May 7, 2024

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TotalEnergies and SINOPEC deepen ties with new energy pact

PARIS: In a significant move during the Chinese President's state visit to France, energy giants TotalEnergies and SINOPEC have inked a strategic agreement to enhance collaboration in low-carbon energy sectors.…

NNR May 7, 2024