Article: Fotech pockets EUR8.2 million for new energy technologies.

M2 PRESSWIRE-27 June 2008-Fotech: Fotech pockets EUR8.2 million for new energy technologies(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:26052008

Many of the earth's larger oil and gas reserves are rapidly being exhausted. What remain are the smaller and less recoverable reserves to satisfy our ever-growing consumption. As a result, some smart investors have been looking at new technology innovations popping up to facilitate in the search for and recovery of new sources. But also increasingly important will be solutions to surface and produce oil and gas as efficiently and safely as possible. UK-based Fotech develops technologies to do exactly that.

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