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AF Gruppen awarded a contract worth $560 million for the construction of the world's first ship tunnel.

Jun 26, 2026

Contract Type

contract

NorwayConstructionBuilding MaintenanceCivil Engineering

Description

The Norwegian Coastal Administration has awarded AF Gruppen a significant contract for the engineering and construction of the Stad ship tunnel. This turnkey project aims to create a fully equipped tunnel for maritime traffic, enhancing safety and accessibility.

Company Information

Company

AF Gruppen

Location

Norway

About

AF Gruppen is a leading provider of contracting and engineering services in Norway. They focus on sustainable solutions and innovation in the construction industry. The company aims to address societal challenges through its projects. With a strong emphasis on environmental responsibility, AF Gruppen is well-positioned for future developments.

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Ragnar
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Annette
Senior decision-maker at this company
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AF Gruppen signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.