North Energy ASA (“North Energy” or “Company”) records an income of NOK 52.0 million in the second quarter of 2020 compared to a loss of NOK 8.4 million in the same quarter last year. The income this quarter is primarily due to a significant increase in market value of the investment in Touchstone Exploration. The… Read more »
North Energy ASA (“North Energy” or “Company”) records a loss of NOK 55.0 million in the first quarter of 2020 compared to a loss of NOK 2.8 million in the same quarter last year. The negative result this quarter is driven by significant decrease in market value of investments due to the drop in oil… Read more »
The Annual General Meeting of North Energy ASA will be held on Wednesday 27 May 2020 from 10:00 a.m at the Company’s office in Tjuvholmen allé 19, Oslo. Notice of Annual General Meeting Nomination committee recommendation The documentation together with a link for attendance/proxy forms are available here. Due to restrictions caused by the Covid-19… Read more »
In order to simplify the company structure in the group, North Energy ASA proposes to merge the subsidiary North Energy Capital AS and North Energy ASA. The proposed merger will follow the simplified rules as set out in the Public Limited Company Act § 13-24. The Board of Directors in North Energy ASA and North… Read more »
North Energy ASA has today published its Annual Report and Accounts for 2019. The report is available here. The annual accounts and report were approved by the Board of Directors on the 19 March 2020. Please note that the Company published a stock exchange notice on the 2 April 2020 regarding the closure of the… Read more »
North Energy ASA (“North Energy” or “Company”) records a profit of NOK 12.7 million in the fourth quarter of 2019 compared to a loss of NOK 15.6 million in the same quarter last year. For the full year 2019 the Company records a loss of NOK 16.1 million compared with a loss of 35.0 million… Read more »
North Energy ASA (“North Energy” or “Company”) recorded a comprehensive loss of NOK 17.6 million in the third quarter of 2019, compared with a comprehensive loss of NOK 12.4 million in the same quarter last year. The result reported for this quarter is mainly driven by a net loss of NOK 12.7 million from the… Read more »
In order to simplify the company structure in the group, North Energy ASA proposes to merge the fully owned subsidiary North Energy Norge AS and North Energy ASA by transferring all employees, assets, rights and obligations from the subsidiary to the parent company. The proposed merger will follow the simplified rules as set out in… Read more »
North Energy ASA (“North Energy” or “Company”) recorded a comprehensive loss of NOK 8.4 million in the second quarter of 2019, compared with a comprehensive income of NOK 18.3 million in the same quarter last year. The result reported for this quarter is mainly driven by revenues of NOK 0.9 million, operational expenses of NOK… Read more »
North Energy ASA (“North Energy” or “Company”) recorded a comprehensive loss of NOK 2.8 million in the first quarter of 2019, compared with a comprehensive loss of NOK 25.3 million in the same quarter last year. The result reported for this quarter consist mainly by net gain of NOK 1.9 million from the investment activities,… Read more »
