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  • Norway's Roxar Opens Books to Suitors
    Norwegian oilfield technology firm Roxar ASA said on Friday that it had opened its books to suitors as it pushes forward with an evaluation of future strategy. 'Players are entering the field that want to get a better understanding of Roxar and our
  • Oslo, Caracas rocked by Gaza rallies
    Norwegian police on Thursday were forced to use tear gas in order to subdue violent protests against the IDF operation in Gaza, Germany's DPA news agency reported. Full Story Meanwhile in Venezuela protestors sprayed graffiti and hurled shoes at the
  • Petrobras contracts Normand Drott
    OSLO -- Petrobras has awarded Solstad Offshore an NOK 400 million ($58 million), four-year contract for the AHTS Normand Drott. The vessel will begin operations in Brazil during the summer of 2009.
  • Norway Reports No New Cases of Low-Path AI or IB
    NORWAY - The veterinary authorities have sent two reports to the World Organisation for Animal Health (OIE), indicating no further outbreaks of avian infectious bronchitis (IB) or low pathogenic avain influenza (LPAI). The reports, both dated 5 January,
  • PGNiG dives in off Norway
    Poland?s PGNiG has grabbed a 30% stake in Norwegian production license PL350 from StatoilHydro. In exchange for the 30% stake PGNiG will pay 30% of costs of planned drilling activity in the license, which it says ?offer a large oil and gas production
  • Norway & Brazil. Petrobras awards contract
    Stories of general maritime & marine interest from around the world Norway & Brazil. Petrobras awards contract Wednesday, 07 January 2009 Petrobras has awarded a 4 year contract to AHTS Far Sea (ME 303 II, 991, 13.200 bhp) in Brazil. Start-up of
  • The Ski Train: Colorado's quiet treasure
    Many skiers who visit Colorado prefer the slopes of Aspen, Vail or Breckenridge. But there's a cool little day trip from Denver that often gets overlooked by out-of-towners.
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Despite its neutrality, Norway was not able to avoid occupation by Germany in World War II. In 1949, neutrality was abandoned and Norway became a member of NATO. Discovery of oil and gas in adjacent waters in the late 1960s boosted Norways economic fortunes. The current focus is on containing spending on the extensive welfare system and planning for the time when petroleum reserves are depleted. In referenda held in 1972 and 1994, Norway rejected joining the EU.

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