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Thursday, June 4, 2026

Tag: offshore

Russian sanctions squeeze Norway

NEWS ANALYSIS: Norway has a long history of going along with international sanctions, especially those initiated by the US and the EU. Those now...

Dynamic duo to ‘do things differently’

Tor Olav Trøim, the 51-year-old investor and businessman who's been working for and with billionaire shipping tycoon John Fredriksen for nearly 20 years, insists...

Koch to report Økokrim prosecutor

Tax lawyer Sverre E Koch said he planned to report Morten Eriksen, the top prosecutor of Norway's economic crime unit Økokrim, for serious dereliction...

Profits sink after Aker write-down

Norwegian oil and gas company Aker Solutions reported weaker than expected quarterly results on Thursday, with the earnings before interest, taxes, depreciation and amortization...

Økokrim appeals Transocean case

Economic crime unit Økokrim announced on Wednesday it would appeal parts of the Transocean judgment, Norway's largest ever tax fraud case. The Oslo city...

State faces losses on Aker Solutions

A decision by Norway's former left-center government to invest in offshore firm Aker Solutions, controlled by Labour Party  supporter and industrialist Kjell Inge Røkke, has...

Transocean tax case fallout continues

All charges were thrown out in Norway's largest ever tax case last week, but the heated debate continued as the ramifications of the Transocean...

Transocean jubilant after tax victory

The world's largest offshore rig company, Transocean, and three of its tax advisers were celebrating this week after being acquitted of tax evasion by an Oslo...

Low interest rates to offset oil losses

NEWS ANALYSIS: The Norwegian central bank's decision this week to keep interest rates low is rooted in a sobering but now widespread prediction for...

Aker wins major Angola contract

Norwegian engineering company Aker Solutions announced it had won a "landmark" contract in a message to the stock exchange on Tuesday. The contract to...
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