Petroleum Geo-Services (PGS) and the Norwegian Academy of Science and Letters have signed a cooperation agreement regarding support for measures to increase interest in mathematics in general and to improve competence in mathematics both in Norway and in developing countries. The agreement has an annual budget of NOK 3 million (almost 400.000€) over a period of 5 years, starting in 2012.
The agreement is twofold. The national section consists of contributions to the Niels Henrik Abel's mathematics competition, Abel Scholarships and the educational website matematikk.org. Internationally, the intention is to support the development and teaching of mathematics in developing countries. There are concrete plans to support the establishment of a regional "Center of Excellence in Mathematics" in Africa.
More information: http://www.pgs.com/Pressroom/Press_Releases/The-Norwegian-Academy-of-Science-and-Letters-and-the-sei...