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Norway

Norway appoints its first female foreign minister

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OSLO Norwegian Defence Minister Ine Eriksen Soereide was named minister of foreign affairs on Friday, making her the first woman to hold the post in the Nordic country.

Norway's Helly Hansen buys British sailing brand Musto 19 Oct 2017

OSLO Norwegian outdoor clothing company Helly Hansen has agreed to buy British sports brand Musto from Phoenix Equity Partners and other shareholders for an undisclosed sum, it said on Thursday.

Norway's wealth fund objects to UK relaxing share listing rules for state firms 18 Oct 2017

LONDON/OSLO Norway's $1 trillion (£758.73 billion) sovereign wealth fund has urged Britain's financial markets regulator to rethink proposed changes to its share listing rules to allow a new category of listing for state-backed firms which give smaller investors less say on corporate governance.

Norway plans to send armoured unit close to Russian border 13 Oct 2017

OSLO Norway said on Friday it planned to send an armoured battalion near its arctic border with Russia and buy more tanks and artillery to respond to growing threats.

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Norwegian Air CEO interested in collapsed Monarch's airport slots 12 Oct 2017

LONDON Budget carrier Norwegian Air Shuttle is interested in slots made available by the collapse of British holiday airline Monarch [MONA.UL], its chief executive told Reuters, but said the process is unclear.

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Innogy becomes sole owner of British Triton Knoll wind project 11 Oct 2017

FRANKFURT Innogy , Germany's largest energy group, became the sole owner of a 2 billion pound ($2.64 billion) British offshore wind farm project after buying out Norway's Statkraft [STATKF.UL], it said, adding the final ownership structure could still change.

Ireland's Corrib gas field output to resume Wednesday - Statoil 10 Oct 2017

OSLO The outage at Ireland's Corrib gas field is expected to end on Wednesday at 0800 GMT, Norway's Statoil said in a statement on Tuesday.

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Uber suspends unlicensed service in Norway in change of tack 09 Oct 2017

Uber said on Monday it would suspend its unlicensed service UberPOP in Oslo until Norway introduces new rules, as the U.S. ride-hailing app adopts a more conciliatory tone with national authorities. | Video

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Statoil's Arctic, UK drilling campaigns yield disappointing results 09 Oct 2017

OSLO Norway's Statoil reported disappointing outcomes from three oil and gas exploration wells on Monday, one in the Norwegian Arctic and two in the British North Sea, while a fourth well in British waters found only moderate quantities.

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Total, Eni, Statoil seek buyers for North Sea Teesside terminal - sources 09 Oct 2017

LONDON Total , Eni and Statoil are seeking buyers for their stake in the Teesside oil terminal in northern England, which receives crude from the Norwegian Ekofisk fields, part of the global Brent benchmark, banking sources said.