YORKSHIRE-BASED GETECH, which specialises in mapping areas targeted for oil exploration by industry giants such as Shell, BP and ExxonMobil, has signed "significant" new licences for its data as oil companies show signs of increasing their investment in exploration.

The company, which was the first Leeds University spin-out firm to float on the Alternative Investment Market and has the world's largest commercial library of gravity and magnetic exploration data, said the licences will generate income of more than £500,......for the full story register now for free or login below...