Ramco looking to new horizons

摘要

Ramco Energy said today that it is pushing ahead with its strategy of concentrating on the renewables sector and Iraq,while it will also be looking to carry out its first exploration in the North Sea.Announcing a loss from continuing operations after tax of US 2.4m,Steve Remp,chairman of Ramco,said: "We are delighted with the progress that we have made since we announced our new vision.Our new strategy will provide us with involvement in some of the most exciting aspects of the future energy mix - renewables and Iraq - whilst maintaining exposure to our core established areas of focus."