Philly Shipyard awarded 5th National Security Multi-Mission Vessel

OSLO, NORWAY: Philly Shipyard announced the authorization by the U.S. Department of Transportation’s Maritime Administration (MARAD) and subsequent order from TOTE Services, LLC (TOTE Services) for the construction of one…

NNR April 18, 2022

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VINCI Highways to acquire controlling stake in Confederation Bridge concession in Canada

NANTERRE, FRANCE: VINCI Highways has signed an agreement with OMERS Infrastructure to acquire its 65.1% stake in Strait Crossing Development Inc (SCDI), the company owning the concession contract of the…

NNR April 14, 2022

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ArcelorMittal buys 80% shares in voestalpine’s Hot Briquetted Iron plant for $1.0bn

AMSTERDAM, NETHERLANDS: ArcelorMittal has signed an agreement to acquire an 80% shareholding in voestalpine’s world-class Hot Briquetted Iron (HBI) plant located in Corpus Christi, Texas. voestalpine will retain the remaining…

Chenos Kahn April 14, 2022

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Alternus Energy signs deal to acquire 228MW of Spanish solar projects

DUBLIN, IRELAND: Alternus Energy Group Plc (OSE: ALT) is set to significantly grow its presence in the Spanish solar market with the completion of definitive agreements to acquire up to…

NNR April 12, 2022

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Norse Atlantic Airways to sublease four of its Boeing 787 Dreamliners

OSLO, NORWAY: Norse Atlantic Airways and Spanish airline Air Europa have signed a term sheet for the sublease of four aircraft, two Boeing 787-8s and two Boeing 787-9s. The agreement…

NNR April 12, 2022

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BEWI acquires Norwegian paper packaging company, Trondhjems Eskefabrikk

OSLO, NORWAY: BEWI has signed an agreement to acquire the Norwegian paper packaging company Trondhjems Eskefabrikk AS. Trondhjems Eskefabrikk is manufacturing fibre-based packaging products, carton boxes to the food industry,…

NNR April 12, 2022

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Peter Bardenfleth-Hansen appointed Zaptec CEO

OSLO, NORWAY: The Board of Directors in Zaptec have appointed Peter Bardenfleth-Hansen as CEO in Zaptec. Peter takes the position on 12 April 2022. Kurt Østrem will revert to his…

Chenos Kahn April 12, 2022

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TotalEnergies signs Heads of Agreement for the expansion of Cameron LNG

PARIS, FRANCE: TotalEnergies has signed a Heads of Agreement (HOA) with Sempra Infrastructure, Mitsui & Co., Ltd. and Japan LNG Investment – a company jointly owned by Mitsubishi Corporation and…

NNR April 11, 2022

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Nils K. Selte appointed Group President and CEO of Orkla ASA

OSLO, NORWAY: Orkla ASA Board of Directors has appointed Nils K. Selte as new Group President and CEO. Orkla is a leading supplier of branded consumer goods and concept solutions…

NNR April 11, 2022

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Oil production starts from Hod B in the southern North Sea

OSLO, NORWAY: Operator Aker BP and partner Pandion Energy have reported that oil production has started from Hod B in the southern North Sea. Aker BP and partner Pandion Energy expects Hod to produce 40…

NNR April 11, 2022

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Simplifai signs deals with Foreningen DGI Byen and Knowit Solutions Denmark

OSLO, NORWAY: Elop’s AI business unit Simplifai has signed a strategically important agreement with Foreningen DGI Byen and a partnership agreement with Knowit Solutions, a bourse filing noted. This marks…

NNR April 8, 2022

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CEA, Soitec, GlobalFoundries & STMicroelectronics working together on semiconductors and FD-SOI innovation

GENEVA, SWITZERLAND: CEA, Soitec, GlobalFoundries and STMicroelectronics have announced a new collaboration in which they intend to jointly define the industry’s next generation roadmap for FD-SOI (fully depleted silicon-on-insulator) technology.…

NNR April 8, 2022