The Norwegian offshore industry has given rise to some of the world’s leading maritime clusters. Now many of these are steering towards sustainability.

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.

Norway’s economic growth accelerated more than estimated in the fourth quarter, reaching the fastest pace in more than four years, boosted by consumer spending in what were a weak three months for investments.