Norwegian media name new Conservative energy minister

According to Dagens Næringsliv, Tina Bru of the Conservative Party is to be the new petroleum and energy minister of the Solberg government, after Sylvi Listhaug left the coalition along with the rest of the Progress Party.

Novozymes finishes difficult 2019 burdened by bioenergy

The Danish enzyme producer landed an organic growth figure of -1 percent in 2019, significantly below the company's original guidance for the year. The company moreover initiates a share buyback program of EUR 200 million.

Tyra field supplier seeks insolvency protection

US-based contractor McDermott, which is responsible for a large part of reestablishing Denmark's Tyra field, filed for insolvency protection Tuesday. "With a big project like Tyra, challenges should be expected," says Total's managing director for E&P Denmark.

Nel raises EUR 85 million to strengthen balance

The Norwegian-Danish hydrogen firm must increase activity and strengthen its balance even more quickly than expected, Nel writes. The amount of EUR 84.9 million is meant to reinforce the company's position among its competitors.

BWSC secures first order in more than one year

The power plant producer has signed a deal to build and maintain a biomass boiler in Belgium – which, though, is less than one tenth the capacity of the system initially intended by the customer.

Blue Water Shipping banks on Caribbean oil boom

The Danish transportation and logistics company is opening an office in Guyana to benefit from a developing oil market, where Blue Water has collaborated for a few years with ExxonMobil, which has drilled into a big deposit in the country's waters.

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