Techstep acquires SaaS company Crypho for NOK 10mn

OSLO, NORWAY: Techstep ASA has signed an agreement to acquire the entire share capital of Crypho AS, an end-to-end encrypted enterprise software as a service (SaaS) messaging and file-sharing application.…

Chenos Kahn May 6, 2022

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Elop awarded US patent for its Multrawheel ultrasonic technology

OSLO, NORWAY: Elop Technology has been granted a patent for its MultraWheel technology in the USA. The Multrawheel scanner allows for cheaper and more efficient inspections of composite materials like…

NNR May 5, 2022

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Höegh LNG to charter out two FSRUs in Germany for 10 years

HAMILTON, BERMUDA: Höegh LNG Holdings signed binding implementation agreements with the German Federal Ministry for Economic Affairs and Climate Action to charter out two FSRUs from its fleet for operations in Germany…

NNR May 5, 2022

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Awilco Drilling sells WilPhoenix rig for $15.5mn

ABERDEEN, NORWAY: Awilco Drilling announced that its fully owned subsidiary Awilco Drilling Offshore (UK) Limited has signed a Memorandum of Agreement (MOA) for the sale of the WilPhoenix rig to…

NNR May 4, 2022

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Yara Clean Ammonia plans IPO on Oslo Stock Exchange

OSLO, NORWAY: Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the Oslo Stock Exchange. Consistent with Yara's ownership approach, the…

Chenos Kahn May 4, 2022

Euronext

Elop intends to divest Simplifai for NOK 140 million

OSLO, NORWAY: Elop AS has received a cash consideration offer for the acquisition of 100 percent of the shares in its operating subsidiary Simplifai. The offer values Simplifai at an…

NNR May 4, 2022

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Aker, Cognite & Telenor jointly establish software security business, Omny

FORNEBU, NORWAY: Aker Capital, Cognite and Telenor, are establishing a software security company to serve industry and operational technology. The company called Omny will fill a gap in the cybersecurity…

Chenos Kahn May 2, 2022

Euronext

Norsk Hydro offers to acquire Polish recycler Alumetal for EUR 232mn

OSLO, NORWAY: Norsk Hydro has announced a tender offer for the acquisition of 100% of the shares of Alumetal S.A, a company listed on the Warsaw Stock Exchange for 68.4…

NNR April 29, 2022

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Scatec refinances six power plants in Egypt with a Green Project Bond

OSLO, NORWAY: Scatec, a leading renewable energy solutions provider, and its partners have refinanced the non-recourse project debt for six solar power plants in Egypt, with a total capacity of…

NNR April 28, 2022

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Elopak announce joint venture ‘GLS Elopak’ in India

OSLO, NORWAY: Elopak and GLS Group India have entered into a long-term strategic partnership to deliver sustainable packaging solutions to consumers across India. Elopak and GLS Group India have today…

NNR April 28, 2022

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Dennis Höjer to step down as CEO of Carasent ASA

OSLO, NORWAY: Carasent ASA announced that Dennis Höjer has informed the Board of Directors that he will step down as CEO. The Board will immediately start the search for a…

NNR April 28, 2022

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Alytic acquires majority stake in Factlines

“Future marked leaders must be financially excellent, but also ecologically and socially sustainable. To achieve this, it is necessary to approach your suppliers efficiently and to work systematically,” says Siri…

Chenos Kahn April 28, 2022