Norwegian Renewable Energy Stock News

If you have been keeping an eye on Vår Energi (OB:VAR), you probably noticed the latest buzz coming out of the North Sea. The company just revealed that its Jotun FPSO has hit peak production ahead of schedule, which is pretty unusual in oil and gas. Projects often run into delays rather than beating the clock. With all 14 subsea production wells now online, the facility is churning out over 80 thousand barrels of oil equivalent per day, boosting the broader Balder field development and...

Elopak (OB:ELO) just made a move that always gets investors talking: the company kicked off a share buyback program, greenlit by shareholders in May, allowing it to repurchase up to 10% of its current share capital. That is a sizable commitment and signals management’s belief in Elopak’s underlying value. The repurchased shares can be used for share-based payments and the long-term incentive plan, or for general corporate purposes, giving management some flexibility as they put this mandate...

Scatec (OB:SCATC) is making headlines this week after meeting with Egyptian officials to discuss its US$3.6 billion investment portfolio tied to Egypt’s NWFE climate action programme. Projects under consideration include the massive Benban Solar Park and the country’s first ever green hydrogen plant. Additionally, Scatec announced a 25-year Power Purchase Agreement for a 900 MW wind project, signaling not just plans for expansion but actual long-term revenue streams. With international...

Earlier this month, Equinor and Shell announced the appointments of Neil McCulloch as CEO and Nicoletta Giadrossi as Chair for Adura, their major U.K. North Sea offshore joint venture, marking a key step toward launching the independent oil and gas producer by the end of 2025. This move, alongside Equinor’s highlighted advancements in floating power plant solutions, reinforces the company’s role at the intersection of energy security and the energy transition in the U.K. and globally. We’ll...

With its stock down 7.5% over the past month, it is easy to disregard Orkla (OB:ORK). However, a closer look at its...

When close to half the companies in Norway have price-to-earnings ratios (or "P/E's") below 12x, you may consider...

Trying to figure out what to do next with Aker (OB:AKER) shares? You are not alone. Today’s headlines landed with a jolt as the Norwegian industrial group has just inked a huge five-year deal with Microsoft and Nscale Global Holdings to deliver high-performance, renewable-powered AI infrastructure in Northern Norway. With a headline value of around USD 6.2 billion, the contract is not just sizeable; it underscores Aker’s push into cutting-edge, sustainable technology ventures and signals a...

TGS (OB:TGS) just dropped news that could shake up investor conversations, as the company is expanding its survey coverage in the Equatorial Margin offshore Brazil with the launch of PAMA Phase II. This new phase covers an additional 11,500 square kilometers and is focused on exploration blocks under the spotlight for upcoming license rounds in 2026 and 2027. The project is industry-funded and employs advanced GeoStreamer technology, furthering TGS’s strategy of supplying high-value seismic...

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

With a price-to-earnings (or "P/E") ratio of 23.4x Elkem ASA ( OB:ELK ) may be sending very bearish signals at the...

Aker BP ASA ( OB:AKRBP ) shareholders might be concerned after seeing the share price drop 11% in the last quarter. But...

With its stock down 6.6% over the past three months, it is easy to disregard Olav Thon Eiendomsselskap (OB:OLT). It is...

Hexagon Composites ASA ( OB:HEX ) shareholders that were waiting for something to happen have been dealt a blow with a...

Napatech A/S' ( OB:NAPA ) price-to-sales (or "P/S") ratio of 14.7x may look like a poor investment opportunity when you...

River Tech p.l.c. ( OB:RIVER ) shareholders that were waiting for something to happen have been dealt a blow with a 67...

As the European markets continue to experience upward momentum, with major stock indexes like the STOXX Europe 600 Index posting gains amid expectations of a U.S. Federal Reserve rate cut, investors are closely monitoring opportunities for undervalued stocks. In this environment of steady economic growth and stable inflation forecasts by the European Central Bank, identifying stocks trading at significant discounts can be an attractive strategy for investors seeking value in their portfolios.

The European stock market has been buoyed by expectations of a U.S. Federal Reserve rate cut, with major indices like the STOXX Europe 600 Index seeing gains. In this context, penny stocks—typically smaller or newer companies—remain an intriguing investment area for those looking to explore growth opportunities beyond mainstream options. Though often considered niche, these stocks can offer a blend of affordability and potential when backed by strong financials, making them worth considering...

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Vår Energi ASA recently announced that the Jotun FPSO in the North Sea achieved peak production ahead of schedule, now exceeding 80,000 barrels of oil equivalent per day, following its startup on 22 June 2025 and the activation of all 14 subsea wells. This early production milestone not only underscores the company's efficient project delivery but also enhances future operational visibility as ongoing Balder developments continue to expand capacity. We'll explore how the early achievement of...

Akademiska Hus has commissioned Veidekke to renovate Gothenburg's Zoologen building, awarding a design and build contract estimated at NOK 315 million, with occupancy scheduled for fall 2026. This project emphasizes sustainability and material reuse and marks a significant addition to Veidekke’s 2025 order book, supporting the development of Gothenburg’s life science cluster. We'll explore how this major sustainable renovation project with Akademiska Hus adds momentum to Veidekke’s...

Gjensidige Forsikring (OB:GJF) just wrapped up a NOK 1,200 million Restricted Tier 1 bond issue, and demand far exceeded the offering size. The bonds, with a perpetual tenor and Solvency II compliance, landed a BBB rating and attracted substantial backing from investors. This signals market confidence in Gjensidige’s financial strength and should give management extra capital flexibility, which is always something to pay attention to for insurers. This latest financing adds another layer to...

Subsea 7 announced in September 2025 that it secured a major EPCI contract with Aramco for offshore facilities in Saudi Arabia, covering 106 kilometres of pipelines, topside modifications, and hook-up activities, with offshore execution planned for 2027 and 2028. This contract, valued between US$750 million and US$1.25 billion, provides significant long-term project visibility and underscores the ongoing demand for large-scale offshore infrastructure solutions. We'll now consider how this...

Earlier this month, BlueNord ASA reported preliminary August 2025 production of 37.2 mboepd and announced a downward revision of fourth-quarter production guidance for the Tyra field to 21.0–27.0 mboepd, net to the company. This revision reflects operational factors at Tyra, a key asset, signaling potential shifts in the company’s near-term production outlook. We'll examine how the reduced Tyra production guidance could influence BlueNord's previously outlined growth trajectory and earnings...

On September 4, 2025, TGS and joint venture partner Viridien announced the commencement of the Megabar Extension Phase I multi-client 3D seismic survey in the Barreirinhas Basin offshore Northern Brazil, harnessing advanced technology to acquire 5,300 sq km of subsurface data in an area previously without 3D coverage. This initiative signals growing interest from international oil companies in Brazil's equatorial margin and highlights TGS's expansion into high-potential and underexplored...