HCL Technologies Opens New Global Delivery Centre in Oslo

HCL Technologies (HCL), a global IT services provider, today announced the opening of a new service delivery centre in Oslo, to support its ongoing growth in the Nordics. The new centre will enhance HCLs delivery capabilities and serve as a hub to provide transformational IT infrastructure and application services to its customers in the region. This is HCLs third delivery centre in the Nordics besides Espoo (Finland) and Stavanger (Norway). Located in the heart of Oslos BARCODE business area, the new centre will support more than 100 seats.

Herkules Capital Selects iLEVEL for Portfolio Monitoring

iLEVEL, the cloud-based software provider to the private capital market, announced today that Herkules Capital has selected the iLEVEL Private Capital Data Platform to streamline their portfolio monitoring process and to create more efficiency in their investor reporting process. Herkules Capital is a middle market private equity firm based in Oslo, Norway that invests in companies based in the Nordic region, primarily in Norway.

ExxonMobil Announces Slagen Refinery Project to Upgrade Fuel Oil

ExxonMobil affiliate Esso Norge AS announced today plans to install a new processing unit at the Slagen refinery to enable production of high quality vacuum gas oil, a higher-yield feedstock used to create finished products such as diesel. The new residual flash tower is an upgrading unit that will improve the facilitys overall crude distillation process by replacing production of heavy fuel oil with lighter, higher-value gas oil.