Suncor Energy
Acquisition in 2023
Suncor Energy Inc. is an integrated energy company based in Calgary, Canada, primarily focused on the development of petroleum resource basins in the Athabasca oil sands, one of the largest oil reserves globally. The company engages in the exploration, production, and marketing of crude oil both in Canada and internationally. Its operations are divided into several segments, including Oil Sands, which involves the recovery and upgrading of bitumen; Exploration and Production, which includes offshore activities in Canada and international assets; and Refining and Marketing, where crude oil is refined into various petroleum products marketed through its Petro-Canada retail network. Additionally, Suncor is committed to advancing the transition to a low-emissions future by investing in renewable energy sources and power generation, while also participating in energy trading activities related to crude oil and natural gas. Founded in 1917, Suncor has established itself as a significant player in the global energy market.
Sif Holding N.V. manufactures and sells steel tubulars that are used as foundation components for the offshore wind and offshore oil and gas industries.
Data Gumbo
Series C in 2022
Data Gumbo Corporation specializes in providing a blockchain-based smart contract service tailored for the oil and gas industry. Founded in 2016 and headquartered in Houston, Texas, with an additional office in Stavanger, Norway, the company offers a Blockchain-as-a-Service platform that collects and standardizes data to facilitate the execution of smart contracts on a configurable schedule. Its platform integrates real-time sensor data, enabling organizations to automate performance-based contracts and streamline transactions, thereby eliminating payment delays and disputes. By enhancing operational efficiencies and ensuring transparency, Data Gumbo's solutions help clients manage their financial operations more effectively. The company also focuses on sustainability by linking operational data to environmental, social, and governance standards, which aids in reducing contract leakage and improving capital management. Data Gumbo serves a global clientele across various industries, emphasizing security and accountability in transactions.
Data Gumbo
Series B in 2020
Data Gumbo Corporation specializes in providing a blockchain-based smart contract service tailored for the oil and gas industry. Founded in 2016 and headquartered in Houston, Texas, with an additional office in Stavanger, Norway, the company offers a Blockchain-as-a-Service platform that collects and standardizes data to facilitate the execution of smart contracts on a configurable schedule. Its platform integrates real-time sensor data, enabling organizations to automate performance-based contracts and streamline transactions, thereby eliminating payment delays and disputes. By enhancing operational efficiencies and ensuring transparency, Data Gumbo's solutions help clients manage their financial operations more effectively. The company also focuses on sustainability by linking operational data to environmental, social, and governance standards, which aids in reducing contract leakage and improving capital management. Data Gumbo serves a global clientele across various industries, emphasizing security and accountability in transactions.
Interface Fluidics
Series A in 2019
Interface Fluidics is an international technology company offering innovative reservoir fluid analysis services. Interface Fluidics' proprietary and industry-leading nanofluidic technology platform enables companies to better understand their reservoirs and have greater confidence in their production decisions.
Data Gumbo
Series A in 2019
Data Gumbo Corporation specializes in providing a blockchain-based smart contract service tailored for the oil and gas industry. Founded in 2016 and headquartered in Houston, Texas, with an additional office in Stavanger, Norway, the company offers a Blockchain-as-a-Service platform that collects and standardizes data to facilitate the execution of smart contracts on a configurable schedule. Its platform integrates real-time sensor data, enabling organizations to automate performance-based contracts and streamline transactions, thereby eliminating payment delays and disputes. By enhancing operational efficiencies and ensuring transparency, Data Gumbo's solutions help clients manage their financial operations more effectively. The company also focuses on sustainability by linking operational data to environmental, social, and governance standards, which aids in reducing contract leakage and improving capital management. Data Gumbo serves a global clientele across various industries, emphasizing security and accountability in transactions.
Nesh
Pre Seed Round in 2019
Nesh specializes in developing a conversational artificial intelligence platform tailored for the oil and gas, chemicals, materials, and advanced manufacturing industries. Founded in 2017 and headquartered in Houston, Texas, the company offers a smart assistant that organizes and makes accessible the collective knowledge within organizations, facilitating faster decision-making. Nesh's platform supports users by providing technical answers, market data, and insights while allowing them to schedule and monitor activities remotely. It enhances oilfield operations by autonomously updating insights from various sources, including technical papers and press releases. In the chemicals and advanced manufacturing sectors, Nesh equips commercial teams with tools to streamline processes such as product comparisons, regulatory compliance, and lead generation. By leveraging AI, the platform helps sales representatives improve performance, close deals more efficiently, and reduce onboarding time, ultimately driving revenue growth and enhancing customer interactions.
Upwing Energy
Venture Round in 2018
Upwing Energy, Inc. specializes in artificial lift technology designed to enhance gas production in both conventional and unconventional wells. The company offers innovative solutions, including the Upwing Subsurface Compressor Systems, which improve gas well performance by allowing higher drawdown and increasing recoverable reserves while reducing energy consumption. Its magnetic drive system leverages advanced magnetic technologies to drive and levitate the rotor within a retrievable string, eliminating the need for mechanical or electrical connections to enhance oil production. Upwing Energy's products are applicable in both onshore and offshore subsea wells. Founded in 2015 and headquartered in Cerritos, California, Upwing Energy operates as a subsidiary of Calnetix Technologies, LLC. The company's mission is to maximize production and recovery rates for natural gas resources globally, ultimately increasing its customers' economic returns on production assets.
Petrobras is a Brazil-based integrated energy company, established in 1953 and controlled by the Brazilian government. The company specializes in the exploration and production of oil and gas, primarily in offshore fields, where it has developed advanced technology for deep and ultra-deep water extraction. In 2023, Petrobras produced 2.8 million barrels of oil equivalent per day, with oil making up 80% of this output, and its reserves totaled 10.9 billion barrels of oil equivalent, consisting of 85% oil. Petrobras operates ten refineries in Brazil, with a combined capacity of 1.8 million barrels per day, and is involved in the distribution of refined products and natural gas across the country. The company is recognized for its commitment to socio-environmental responsibility and has been listed on the Dow Jones Sustainability Index since 2006, reflecting its focus on improving corporate governance and adhering to international transparency standards.
Ambyint delivers an Artificial Intelligence (AI) Driven automation and analytics solution for artificial lift optimization that builds on traditional physics-based techniques. Built on 10+ years of domain expertise, Ambyint automates diagnosis, automatically adjusts operating parameters, and predicts failures, resulting in improved production and reduced LOE. Customers deploy the Ambyint Production Optimization Platform either with existing customer SCADA systems or with Ambyint’s High Resolution Adaptive Controllers, which enable higher resolution data acquisition and automated control for artificial lift systems.
LUX Assure
Venture Round in 2016
LUX Assure Limited specializes in developing and delivering advanced chemical monitoring technologies for the oil and gas industry, both offshore and onshore. The company offers innovative solutions such as CoMic, which helps determine the optimal dosage of corrosion inhibitors, and a variety of testing kits that facilitate onsite or offshore colorimetric analysis. Their products are designed to monitor chemical concentrations, including scale, corrosion, and hydrate inhibitors in water and hydrocarbons. Established in 2001 and based in Edinburgh, United Kingdom, LUX Assure has gained recognition for its robust and user-friendly technologies, earning awards for innovation within the industry. The company serves clients in the UK and internationally, providing essential tools for effectively managing chemical usage in extraction processes.
Corvus Energy
Corporate Round in 2015
Corvus Energy Ltd. specializes in the research, development, manufacture, and supply of energy storage solutions tailored for marine, oil and gas, and port applications. Founded in 2009 and headquartered in Richmond, Canada, the company utilizes lithium-ion battery technologies to create modular energy storage systems that deliver reliable and safe power for hybrid and electric propulsion. These systems are designed to support various sectors, including cruise and ferry, offshore, fishing, aquaculture, tugs, workboats, and merchant shipping. In addition to its products, Corvus Energy offers a range of services such as technical support, spare parts, field service, training, consulting, and upgrades. The company's innovative solutions enable significant energy savings and contribute to clean energy leadership within the industry, providing clients with strong returns on investment.
LUX Assure
Funding Round in 2013
LUX Assure Limited specializes in developing and delivering advanced chemical monitoring technologies for the oil and gas industry, both offshore and onshore. The company offers innovative solutions such as CoMic, which helps determine the optimal dosage of corrosion inhibitors, and a variety of testing kits that facilitate onsite or offshore colorimetric analysis. Their products are designed to monitor chemical concentrations, including scale, corrosion, and hydrate inhibitors in water and hydrocarbons. Established in 2001 and based in Edinburgh, United Kingdom, LUX Assure has gained recognition for its robust and user-friendly technologies, earning awards for innovation within the industry. The company serves clients in the UK and internationally, providing essential tools for effectively managing chemical usage in extraction processes.
Verdande Technology
Venture Round in 2012
Verdande Technology, formerly known as Volve AS, specializes in developing products and services aimed at reusing knowledge through case-based reasoning. This innovative approach enables organizations, particularly in the oil and gas sector, to analyze drilling data effectively. By identifying and capturing data patterns in real-time, the company's technology helps clients make informed drilling decisions by leveraging insights from past events. This capability allows for the prediction of future problems, the diagnosis and correction of current issues, and the identification of new potential impacts, ultimately supporting smarter decision-making processes across various industries.
Brigham Exploration
Acquisition in 2011
Brigham is an independent exploration and production company that applies 3-D seismic imaging and other advanced technologies to systematically explore and develop onshore domestic natural gas and oil provinces. With this focus, Brigham has achieved rapid growth in reserves, potential drilling locations and 3-D seismic data.
Verdande Technology
Seed Round in 2007
Verdande Technology, formerly known as Volve AS, specializes in developing products and services aimed at reusing knowledge through case-based reasoning. This innovative approach enables organizations, particularly in the oil and gas sector, to analyze drilling data effectively. By identifying and capturing data patterns in real-time, the company's technology helps clients make informed drilling decisions by leveraging insights from past events. This capability allows for the prediction of future problems, the diagnosis and correction of current issues, and the identification of new potential impacts, ultimately supporting smarter decision-making processes across various industries.
Tampnet
Acquisition in 2001
Tampnet operates the world's largest offshore high-capacity communication network, primarily in the North Sea and the Gulf of Mexico, catering to over 350 oil and gas platforms, floating production storage and offloading units (FPSOs), and exploration rigs. The company specializes in providing high-speed, low-latency, and reliable data connectivity through a robust infrastructure that includes fiber optic cables, 4G base stations, and microwave links. By connecting offshore assets to a resilient terrestrial network, Tampnet aims to enhance the quality, health, safety, efficiency, and welfare of its customers' offshore operations. The company envisions becoming a global leader in delivering reliable communication solutions for offshore installations, mobile rigs, and vessels.
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