Norsk Hydro invests in company developing geophysical technology
Published in
Dow Jones Newswire
Publication date
21 November 2005
Summary
Norwegian oil company Norsk Hydro ASA (NHY) Monday said it has invested in a Swiss company developing new geophysical technologies to determine whether promising geological formations contain oil or gas. Hydro made the investment through its wholly-owned subsidiary Technology Ventures, which has a fund capital of NOK350 million.
