Cape forms joint venture in Kazakhstan
Energy support services firm Cape has established a joint venture in Kazakhstan in a bid to expand it presence in the country.
Energy support services firm Cape has established a joint venture in Kazakhstan in a bid to expand it presence in the country.
A newly created firm Cape Caspian is jointly owned by Cape and the Lancaster Group, which the company described as a "highly reputable private company".
Lancaster consists of several divisions operating in different sectors of the Kazakhstan economy including the energy, oil services and mining sectors.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Cape's Chief Executive Joe Oatley, said the joint venture would build on more than twelve years of safe and successful Cape operations in Kazakhstan.
"This provides an excellent opportunity to expand our business and to deliver future success for our shareholders," he said.
-
Parental contributions to kids' university living costs could reach £14,000 a year
Parents helping kids with university living costs face contributions of up to £14,000 per year, according to a report from HEPI and TechnologyOne.
By Oojal Dhanjal Published
-
Rightmove: property asking prices hit record high
News Rising demand for top of the ladder home is boosting asking prices, Rightmove research shows. Is now a good time to sell a property?
By Marc Shoffman Published