Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
New investment of the Portuguese government in the development and production of hydrocarbons will create 200 direct jobs. A further 1,400 indirect jobs are expected to be created over the next 5 years.
The Portuguese government signed a contract for a project for the development and production of hydrocarbons in Portugal with a duration of 5 years. The approved plan was submitted by the Mohave Oil & Gas company following a successful test drilling in the Aljusbarrota-3 concession near Alcobaça.
Eurofound (2012), Mohave Oil & Gas, Business expansion in Portugal, factsheet number 74109, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/74109.