Fornebu

Telenor Group sells Telenor Satellite to Space Norway

Retrieved on: 
Thursday, November 16, 2023

Fornebu, 16 November 2023 – Telenor has entered into an agreement with Space Norway regarding the sale of its subsidiary Telenor Satellite.

Key Points: 
  • Fornebu, 16 November 2023 – Telenor has entered into an agreement with Space Norway regarding the sale of its subsidiary Telenor Satellite.
  • With Space Norway, Telenor Satellite will have an industrial owner who has the right competence and who will prioritise the required financial resources to realise the company’s potential.
  • Telenor and Space Norway have already signed a letter of intent outlining a strategic partnership and possible joint business development initiatives, in particular regarding additional satellite capacity and satellite consulting services.
  • "The government will propose to the Parliament that Space Norway be provided with capital to finance the acquisition of Telenor Satellite.

Changes in Telenor Group's Leadership Team

Retrieved on: 
Tuesday, August 22, 2023

(Fornebu, 22 August 2023) Telenor is implementing changes to the Group Leadership Team, as the company continues to execute on the strategic ambitions towards 2025.

Key Points: 
  • (Fornebu, 22 August 2023) Telenor is implementing changes to the Group Leadership Team, as the company continues to execute on the strategic ambitions towards 2025.
  • Jørgen C. Arentz Rostrup is appointed EVP and Head of Telenor Nordics and Petter-Børre Furberg is appointed EVP and Head of Telenor Asia.
  • The President & CEO of Telenor Group, Sigve Brekke, says the changes announced today will continue the implementation of the strategy, including structural partnerships and initiatives in Asia.
  • Telenor Group is also announcing that Amol Phadke has been appointed EVP and Group Chief Technology Officer and will become a member of Telenor’s Group Leadership Team.

Working Group Two to be acquired by Cisco

Retrieved on: 
Thursday, August 10, 2023

Fornebu, 10 August 2023 – Telenor announces that all shares in software company Working Group Two will be acquired by the global communications technology company Cisco.

Key Points: 
  • Fornebu, 10 August 2023 – Telenor announces that all shares in software company Working Group Two will be acquired by the global communications technology company Cisco.
  • Telenor sells its 44.6 per cent share of Working Group Two, in a transaction where Cisco will acquire all shares in the company for an enterprise value of 150 million USD.
  • Working Group Two will be incorporated fully into Cisco.
  • Cisco is an excellent future home for Working Group Two with a shared vision for how the industry should evolve.

Halliburton and Aker BP Collaborate to Develop Next Generation Field Development Planning

Retrieved on: 
Monday, May 23, 2022

Halliburton Company (NYSE: HAL) today announced that it and Aker BP, a Norwegian oil and gas exploration and production company, will co-develop next generation field development planning software.

Key Points: 
  • Halliburton Company (NYSE: HAL) today announced that it and Aker BP, a Norwegian oil and gas exploration and production company, will co-develop next generation field development planning software.
  • The collaboration delivers a new cloud application Field Development Planning (FDP) from Halliburton.
  • View the full release here: https://www.businesswire.com/news/home/20220523005293/en/
    Halliburton Chairman, President & CEO Jeff Miller and Aker BP CEO Karl Johnny Hersvik agree to extend the companies' collaboration to develop a cutting-edge intelligent system to evolve field development planning.
  • With Field Development Planning we are accelerating our digital transformation to the next level, said Tommy Sigmundstad, senior vice president of Drilling and Wells for Aker BP.

Aker BP and Accenture Team Up on Data Factory in the Cloud to Improve Oil and Gas Operations

Retrieved on: 
Monday, January 31, 2022

Accenture (NYSE: ACN) is helping Aker BP, one of Europes largest independent oil companies, become a data-driven enterprise by building a cloud-based foundation and data factory to improve its operations.

Key Points: 
  • Accenture (NYSE: ACN) is helping Aker BP, one of Europes largest independent oil companies, become a data-driven enterprise by building a cloud-based foundation and data factory to improve its operations.
  • Aker BP launched the project to accelerate its goal of digitalizing the full lifecycle of its operations to cut costs, improve productivity, and lower its carbon footprint.
  • Based on its technology, innovation and upstream oil and gas data management experience, Accenture was selected by Aker BP to develop a data factory solution in collaboration with Cognite and Aker BP.
  • This project is key to our vision of being the leading offshore oil and gas exploration and production company, said Per Harald Kongelf, SVP Improvements of Aker BP.

Yngve Slyngstad appointed CEO of Aker Asset Management

Retrieved on: 
Tuesday, December 7, 2021

OSLO, Norway, Dec. 7, 2021 /PRNewswire/ -- Aker ASA ("Aker") has appointed Yngve Slyngstad as CEO and senior partner of Aker Asset Management ("AAM").

Key Points: 
  • OSLO, Norway, Dec. 7, 2021 /PRNewswire/ -- Aker ASA ("Aker") has appointed Yngve Slyngstad as CEO and senior partner of Aker Asset Management ("AAM").
  • Slyngstad will be responsible for building and developing active asset management to become a new business area in Aker, on par with the company's industrial holdings.
  • "Aker and Aker Horizons have worked together to develop opportunities within active asset management and have made great strides in a short period of time.
  • Yngve Slyngstad is a leading expert in active asset management, with an impressive track record.

Yngve Slyngstad appointed CEO of Aker Asset Management

Retrieved on: 
Tuesday, December 7, 2021

OSLO, Norway, Dec. 7, 2021 /PRNewswire/ -- Aker ASA ("Aker") has appointed Yngve Slyngstad as CEO and senior partner of Aker Asset Management ("AAM").

Key Points: 
  • OSLO, Norway, Dec. 7, 2021 /PRNewswire/ -- Aker ASA ("Aker") has appointed Yngve Slyngstad as CEO and senior partner of Aker Asset Management ("AAM").
  • Slyngstad will be responsible for building and developing active asset management to become a new business area in Aker, on par with the company's industrial holdings.
  • "Aker and Aker Horizons have worked together to develop opportunities within active asset management and have made great strides in a short period of time.
  • Yngve Slyngstad is a leading expert in active asset management, with an impressive track record.

Yngve Slyngstad appointed CEO of Aker Asset Management

Retrieved on: 
Tuesday, December 7, 2021

OSLO, Norway, Dec. 7, 2021 /PRNewswire/ -- Aker ASA ("Aker") has appointed Yngve Slyngstad as CEO and senior partner of Aker Asset Management ("AAM").

Key Points: 
  • OSLO, Norway, Dec. 7, 2021 /PRNewswire/ -- Aker ASA ("Aker") has appointed Yngve Slyngstad as CEO and senior partner of Aker Asset Management ("AAM").
  • Slyngstad will be responsible for building and developing active asset management to become a new business area in Aker, on par with the company's industrial holdings.
  • "Aker and Aker Horizons have worked together to develop opportunities within active asset management and have made great strides in a short period of time.
  • Yngve Slyngstad is a leading expert in active asset management, with an impressive track record.

Aker Solutions Awarded Letter of Intent for Breidablikk

Retrieved on: 
Wednesday, June 24, 2020

OSLO, Norway, June 24, 2020 /PRNewswire/ -- Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea.

Key Points: 
  • OSLO, Norway, June 24, 2020 /PRNewswire/ -- Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea.
  • "We are delighted to be awarded a letter of intent by Equinor, which will lead to more activity at many of our facilities in Norway and beyond," said Luis Araujo, chief executive officer of Aker Solutions.
  • The work will be carried out at Aker Solutions' locations in Fornebu, Tranby and Egersund, with additional deliveries from the UK and Brazil.
  • Aker Solutions employs approximately 15,000 people in more than 20 countries.

Aker Solutions Awarded Letter of Intent for Breidablikk

Retrieved on: 
Wednesday, June 24, 2020

OSLO, Norway, June 24, 2020 /PRNewswire/ -- Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea.

Key Points: 
  • OSLO, Norway, June 24, 2020 /PRNewswire/ -- Aker Solutions has been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea.
  • "We are delighted to be awarded a letter of intent by Equinor, which will lead to more activity at many of our facilities in Norway and beyond," said Luis Araujo, chief executive officer of Aker Solutions.
  • The work will be carried out at Aker Solutions' locations in Fornebu, Tranby and Egersund, with additional deliveries from the UK and Brazil.
  • Aker Solutions employs approximately 15,000 people in more than 20 countries.