During 2011 and 2012 Pinemont has assisted an international telephone company with its specialized expansion in the growing VOIP sector. This group is aiming to become a holistic supplier of modern cheap and safe telephone connections. It is in the process of developing “transfer of credit” via mobile telephones - which will create a form of internet banking not even envisaged a few years ago.  One of the attractions of this emerging business is its ability to monetize a number of social media activities. 

Pinemont has produced a study for the Government of Kazakhstan covering the pros and cons of establishing a flat glass factory in an area with sand and gas supplies readily available. This study was delivered to the CEO of Kazakhstan’s development bank in July 2012.

During the last 10 years we have been advising clients to invest in property in Norway which is benefitting from its oil and gas development and high oil prices. One of the more spectacular investment, which is being finalized during the 2nd half of 2012, is the development of Haslekollen – a hill in the Northern part of Oslo. Here, a former ABB industrial complex, has been transformed by Skanska and our investment partners into nearly 700 apartments –many with spectacular views of the Oslo fjord. At the planning stage of this nearly fully sold project, the market price per m² in the area was NOK 22,000. Presently, the last apartments are being sold around 59,000 NOK/m².

Pinemont has actively participated in the development of fish farming projects along the Norwegian coast including a pioneering project furthest North in  the country at Kirkenes, which is an area free of pollution and disease plaguing the industry further South.

Immediately before the last invasion of Iraq, Pinemont was asked by the Regional Government of Kurdistan/North Iraq to assist with formulating a strategy for a future development of its oil and gas potential. This strategy was in many ways based on the Norwegian North Sea development where licenses were allocated to a number of oil exploration companies in order to avoid being depended on one big oil company. The direct result was the first development agreement which was arranged with Norsk Hydro ASA without any signing-on bonus and covering a vast area of North Iraq. The CEO of Norsk Hydro ASA cancelled this contract in December 2004 and thereby said farewell to several billion dollars worth of assets in the ground. Pinemont was then asked by the KRG to find another Norwegian oil company and DNO International ASA stepped into the torn-up Norsk Hydro-PSA, again without any signing-on bonus but with a overriding royalty to a former US ambassador.  The Tawke field was the result – with a 100,000 bod minimum potential. Around 44 new PSA contracts have since been signed by the KRG allegedly with an average US$ 40 million signing-on bonus per PSA.

Pinemont was adviser to the main investor and decision maker behind the development of Millicom International, the mobile telephone operator Tele2,  the Scandinavian satellite transmitted TV3 and nationwide commercial radio P4 in Norway and South Africa.