Current investments

ARKeX Ltd.

Based in Cambridge, United Kingdom.

ARKeX reduces technical risk with integrated BlueQube surveys airborne/marine gravity gradiometry to quickly and economically image structures in challenging geologies.

DeepFlex Inc.

Based in Houston, USA.

DeepFlex offers the only unbonded flexible pipe for offshore production. Improves flow assurance due to strength, corrosion-resistance & ease of install.

Ziebel AS

Based in Stavanger, Norway.

Ziebel AS is a innovative, lightweight and cost effective long-reach well intervention conveyance technology and logging solutions.

Zilift Ltd

Located in Aberdeen, UK.

Zilift developes artificial lift solutions for the oil and gas market. The fluids are lifted by a permanent magnet motor.

PanGeo Subsea Inc.

Based in Newfoundland, Canada.

PanGeo Subsea Inc. is a underwater acoustic technology company that provides geophysical services aimed at identifying geohazards, such as boulders, hydrates, gas accumulations, faults and soft sediments, before major seabed construction and installation projects.

Cubility AS

Based in Sandnes, Norway.

Cubility (formerly Virdrill) offers a cost efficient and novel solution that simplifies the fluid cleaning system by replacing multiple components with one enclosed integrated system. This solution improves ROP and HSE and reduces mud loss.

Ingrain Inc.

Based in Houston, USA.

Ingrain enables digital rock physics by delivering near-real-time permeability measurements from cores and/or drill cuttings using MRI/CT scan & patented computational methods.

Watch video

Sigma Offshore Ltd.

Based in Aberdeen, United Kingdom.

Sigma Offshore has developed a patent pending cost efficient combined mooring and flow line transfer solution particularly suited for tanker conversions and FPSOs on contracts of shorter duration.

Exited investments

Stingray Geophysical Ltd.

Based in Surrey, United Kingdom.

Stingray Geophysical is a leading fibre-optic based, permanent reservoir monitoring solutions company. Stingray's sole focus is providing the most advanced permanently installed reservoir monitoring solutions.

Stingray was sold to TGS NOPEC ASA in April 2011.