latest news releases from the newsroom
Norsk Hydro Sells Share in PL 153
OSLO, Norway, May 8, 2003 (PRIMEZONE) -- Norsk Hydro (NYSE:NHY) has entered into an agreement to sell a 30 percent stake in production license 153 in the Norwegian offshore sector. The buyer is Gaz de France. The sale includes the oil and gas discovery Gjoea.
Annual General Meeting of Scribona
SOLNA, Sweden, May 8, 2003 (PRIMEZONE) -- Scribona: at yesterdays Annual General Meeting the board members MatsOla Palm, Per-Henrik Berthelius, Stig-Olof Simonsson, Espen Wollebekk and Lennart Svantesson were re-elected. Hakan Larsson and Arne Dalslaaen had declined re-election.
Frontline Interim Report January -- March 2003
HAMILTON, Bermuda, May 8, 2003 (PRIMEZONE) -- Frontline Ltd.(NYSE:FRO) (LSE:FRO) reports earnings before interest, tax, depreciation, and amortisation including earnings from associated companies of $222.9 million and net income of $177.6 million for the first quarter of 2003. Earnings per share for the quarter were $2.32.
Teleca Continues Expansion in Italy
MALMO, Sweden, May 8, 2003 (PRIMEZONE) -- Teleca and Ericsson Telecomunicazioni SpA have signed an agreement, where Teleca takes responsibility for Ericsson's Italian adaptation activities of core network products for operators. The agreement started in January 2003 and approximately 10 consultants are already working in different projects.