Carbon injection and storage on the Snøhvit field started in the afternoon of Tuesday 22 April.

Instead of emitting the carbon dioxide (CO2) resulting from the well stream that comes from the Snøhvit field to the air, the CO2 is reinjected into the ground and stored in a formation which lies somewhat beneath the gas-bearing formations on the Snøhvit field.

To read the rest of the story, please click here.

O.K.E. Service Co. Ltd has joined the Hatteland Display worldwide service network after signing a contract with the leading marine display and computer manufacturer on 10th April 2008, at Japan's principal maritime event, the Sea Japan exhibition in Tokyo.

The agreement will see the well established marine service company performing both warranty and non-warranty service for all Hatteland Display products in Japan.

To read the rest of the story, please click here.

Norway's defense industry exported more weapons last year than ever before and the country now ranks as the seventh largest weapons exporter in the world.

The country that doles out the Nobel Peace Prize every year, an award itself financed by a fortune built on explosives, logged an 18 percent increase in the value of its weapons exports.

To read the rest of the story, please click here.

StatoilHydro has awarded contracts for four new supply vessels for the Norwegian continental shelf (NCS). The company used this opportunity to obtain another gas-powered vessel.

The total value of the contracts, including options, is almost NOK three billion. The vessels will be delivered in the period 2008–2011.

To read the rest of the story, please click here.

By Joelle Tessler, AP Business Writer
Northrop Grumman, EADS Beat Out Boeing for Air Force Refueling Tanker Deal Worth $35 Billion

WASHINGTON (AP) -- The Air Force on Friday awarded Northrop Grumman Corp. and a European partner a $35 billion contract to build airborne refueling planes, delivering a major blow to Boeing Co.

To read the rest of the story, please click here.

Sonatrach and StatoilHydro have today, 1 March, signed an agreement sealing a long-term partnership at the Cove Point receiving terminal for liquefied natural gas (LNG) in the USA.

Mr Kåre Røsandhaug (left), Country President for StatoilHydro Algeria, and Dr. Chawki Mohamed Rahal, Vice President Commercialisation of Sonatrach, signed the contract.

To read the rest of the story, please click here.

Introduction
In July 2006, negotiations at the World Trade Organization's (WTO) Doha round of trade talks were suspended indefinitely. The stalemate prompted predictions that after five frustrating years, the Doha talks and the sweeping liberalizations they targeted might be dying, once and for all.

A group of about thirty ministers tried to revive the talks at the World Economic Forum's January 2007 meetings in Davos, but no major breakthroughs were made. Should Doha fail, the prospects for significant global progress on trade liberalization seem bleak. There are fears that a new era of trade protectionism could undermine the decade-old WTO and doom the dozens of impoverished nations that hope to gain access to rich-country markets. Experts note that previous trade rounds all experienced eleventh-hour breakthroughs-but add that entrenched attitudes, particularly toward agricultural policy, make a Doha deal increasingly challenging to negotiate.

To read the rest of the story, please click here.

The first cargo of gas from the Norwegian continental shelf arrived in the USA on 21 February. This shipment of Snøhvit LNG is the first delivery of gas from Europe to the world's largest energy market.

The LNG carrier Arctic Discoverer docked at the Cove Point gas import terminal in the state of Maryland, south of Washington DC, at around 14:30 p.m. local time yesterday, after a voyage of 12 days across the Atlantic ocean. Its cargo comes from the world's most northerly export facility for LNG (Liquefied Natural Gas) at Melkøya outside Hammerfest in Finnmark.

To read the rest of the story, please click here.

NEW YORK (MarketWatch) - The Pentagon is expected next week to reach a decision on who will replace its Eisenhower-era KC-135 Stratotankers, the big planes used to refuel fighters and bombers in mid-flight, but that won't necessarily mean the Air Force will be any closer to getting the new aircraft.

The two contenders, Boeing Co. and Northrop Grumman Corp. have been aggressively pursing the contract, arguing over whose plane will best meet the Air Force's needs, will provide the most American jobs and will become the most cost efficient over the long haul.

To read the rest of the story, please click here.

Norway aims to be the first country in the world to launch environmentally-friendly ships based on fuel cell technology. Eidesvik Offshore ASA is the architect behind the model of fuel cell technology in the maritime sector to reduce CO2 and NOx emissions. "We strongly believe that environmental solutions are the future for commercial shipping" says CEO, Jan Fredrik Meling.

The company teamed up with The Norwegian Veritas (DNV), as well as others in 2003, and has been granted sponsorship from the Research Council of Norway to develop the first ship to be fuelled up on natural gas. Bellona, a Norwegian NGO that is working on environmental issues, applauds the initiative.

To read the rest of the story, please click here.

Plans are now complete for an LNG Park at the Offshore Northern Seas exhibition in Stavanger during August 2008, and great interest from potential exhibitors is already being noted.

Unlike the first Park, staged at the 2006 show, next year's special section on liquefied natural gas will be positioned in the main exhibition site.

To read the rest of the story, please click here.

A special theme park for renewables is being planned at ONS 2008, which will make this show the first of its kind to cover the complete energy scene. "We're proud to be able to announce this Renewable Energy Park," says Kjell Ursin-Smith, managing director of the ONS Foundation.

"Like the rest of the industry, we're working today with an expanded energy concept. Making it possible to present the whole spectrum has long been one of our goals."

To read the rest of the story, please click here.

Norway is committed to becoming carbon neutral by 2050. The new website www.carbonneutralnorway.no is established as part of the strategy in reaching the ambitious goal.

"Climate change is one of the greatest problems facing the world. The CarbonNeutralNorway.no website - our new emissions trading initiative - will be an important tool in the efforts to make Norway carbon neutral by 2050," says State Secretary of the Ministry of Finance, Geir Axelsen.

To read the rest of the story, please click here.

StatoilHydro is a key partner in the HyNor project to develop a viable hydrogen transport network in Norway passed a major milestone this week by penning a memorandum of understanding with Mazda Motor Corporation in Tokyo.

"This is the first agreement of its kind in Europe - directly between a car manufacturer and hydrogen development project," said Ulf Hafseld, HyNor chair and head of business development in StatoilHydro's hydrogen business unit in Technology & New Energy.

To read the rest of the story, please click here.

TANDBERG®, a leading global provider of telepresence, high-definition videoconferencing and mobile video, has been named recipient of the 2008 Frost & Sullivan Global Video Conferencing Company of the Year Award for its excellence in product innovation as well as market execution that has accelerated the adoption of video conferencing.

Frost & Sullivan noted TANDBERG's continued top-line growth and market leadership. Through the first nine months of 2007 (January to September), TANDBERG revenues reached $437.6 million, growing 51 percent year-over-year. In 2007, TANDBERG also increased its market share standing to become the number one provider of video conferencing endpoints and infrastructure products.

To read the rest of the story, please click here.

Nordian, a leading Norwegian developer and provider of aviation training solutions, announced today that the company has received two new contracts with educational institutions in Spain. Gestair Flying Academy (www.gestair.com ) with locations in Madrid and Lisboa in Portugal selected Nordian's Joint Aviation Regulation, Flight Crew Licensing (JAR - FCL) compliant training program, for its completeness, ease of use, and high quality of the e-service and educational materials.

To read the rest of the story, please click here.