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Uk logistics and engineering firm ATLAS Development is set to diversify from the oil and gas sector

06, Oct 2015

Uk logistics and engineering firm ATLAS Development is set to diversify from the oil and gas sector, to cushion itself from reduced exploration activity. In a statement to shareholders, ATLAS says in light of the current state of the oil and gas market, the firm continues to implement initiatives aimed at further diversifying the company’s offering and identifying new sectors of operation. Top on that list is the potash mining in Ethiopia which atlas believes will generate revenue.

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