Tag: economy

Huge new contract pumps up industry

The latest contract awarded for work on Norway's huge new Johan Sverdrup oil field in the North Sea cheered the offshore industry on Monday, along...

Advice for uncertain expats facing change

As Norway's economy shifts from the robust days of the oil boom to a new reality with lower oil prices and industry slowdown, both Norwegian...

Housing prices flatten out

After years of soaring real estate prices in Norway, especially in Oslo and Stavanger, it finally was a little less expensive to buy a home...

Fewer cruiseships call at Oslo

Higher fuel taxes plus high port pilot- and security fees in Oslo have resulted in a marked decline in the number of cruiseships visiting the...

‘Kroner’ fell again on weak orders

It was costing nearly eight Norwegian kroner to buy one US dollar Tuesday morning, after the country's newly battered currency slumped against most others'...

Population growing even faster than expected

Norway has been attracting a lot of new residents in recent years, not least because of its strong economy, and the population of Oslo...

Analyst predicts ‘new oil age’

Finally some good news for Norway's suddenly hard-pressed oil industry: A top energy analyst told a packed conference in Stavanger this week that he...

Leasing decline reflects slowdown

Vacancy rates are rising and leasing rates falling in the commercial real estate market in and around Oslo, with experts claiming that's an early warning of...

Swedes and other job migrants head home

Figures released by state statistics bureau SSB on Tuesday confirm a major decline in labour migration to Norway during the first three months of...

Subsea 7 layoffs came despite new contract

Last Friday the Norwegian division of the offshore firm Subsea 7 won a contract worth NOK 2.2 billion (USD 300 million) for work on...
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