Norway’s $1 trillion sovereign wealth fund is expected to sell some of its oil and gas holdings. The world’s largest sovereign wealth fund owns $37bn of shares in oil companies such as BP, Shell and France’s Total.
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Norwegian companies take petroleum technology into renewable industries
The Norwegian offshore industry has given rise to some of the world’s leading maritime clusters. Now many of these are steering towards sustainability.
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Giant Norwegian wealth fund plans to increase UK investment
Norway’s giant state investment fund has said it will increase its investment in the UK. The sovereign wealth fund, which has $1tn (£750bn) to invest from Norway’s oil and gas income, is already one of the biggest investors in UK assets.