THE Norway-based venture capital group, Energy Ventures, hosted a party in the Marcliffe Hotel, Aberdeen, to showcase 10 upstream technology companies it has invested in and to flag up its presence in the city.
There are now four staff at its office in Albert Street, led by partner Greg Herrera.
The company’s managing partner, Ole Melberg, from Stavanger, told an audience of more than 150 from all over the UK, Scandinavia and the US that Energy Ventures had up to £14million to invest in companies which met the right criteria.
About £68million has already been invested in UK firms.
Oil industry veteran John Westwood gave a talk on global offshore prospects.