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November 22, 2022
A sunken fish farm barge off the coast of Skye that gave off a noxious stink in August was emitting a potentially explosive mix of toxic chemicals
September 16, 2022
Softbank said on Friday it had agreed to sell its 15% stake in Norwegian e-learning group Kahoot to U.S. private equity group General Atlantic FT BV.... | September 16, 2022
October 27, 2021
Norway's Equinor posted its strongest quarterly result in nine years on Wednesday, driven by a global energy supply crunch…
October 27, 2021
Norway's Equinor posted its strongest quarterly result in nine years on Wednesday, driven by a global energy supply crunch that pushed Europe's natural gas prices to record highs and sent the value of derivative contracts soaring.
April 28, 2021
Norways Aker BP posted record first-quarter operating profit and revenue on higher prices and production on Wednesday as the independent oil and gas producer looks to approve several developments this year.
January 27, 2021
Oslo-listed seismic surveyor Polarcus has defaulted on its bank loans and bonds, it said on Tuesday, sending the company's shares plunging more than 30%.
January 26, 2021
Oslo-listed seismic surveyor Polarcus has defaulted on its bank loans and bonds, it said on Tuesday, sending the companys shares plunging more than 30%. Polarcus and other seismic surveyors have been hit by weak demand as oil companies slash spending on geological data amid the coronavirus pandemic and last years crash in the price of crude. "The company intends to pursue all available options with a view to ensuring the financial sustainability of the company and in the meantime will halt al...
January 26, 2021
Share this article OSLO, Jan 26 (Reuters) – Lenders took control of Polarcus’s ships on Tuesday after the seismic surveyor defaulted on its bank loans and bonds, hit by a drop in spending by energy companies struggling with the COVID-19 pandemic and volatile oil prices. The company’s Oslo-listed shares plunged as much as 47% after they resumed trading following an earlier suspension. Polarcus said lenders had taken over shares in subsidiaries that own seismic vessels and replaced direct...
January 26, 2021
Article content OSLO — Oslo-listed seismic surveyor Polarcus has defaulted on its bank loans and bonds, it said on Tuesday, sending the company’s shares plunging more than 30%. Polarcus and other seismic surveyors have been hit by weak demand as oil companies slash spending on geological data amid the coronavirus pandemic and last year’s crash in the price of crude. We apologize, but this video has failed to load. Try refreshing your browser, or Seismic surveyor Polarcus defaults on debt...