Current investments

Deep Casing Tools Ltd. (formerly Futuretec Ltd.)

Based in Aberdeen, United Kingdom.

Turbocaser and Turborunner are unique and successful products and facilitate running casing and completion strings to TD reducing well cost and improving well integrity and reservoir contact.

Fotech Solutions Ltd.

Based in Basingstoke, United Kingdom.

Fotech Solutions Ltd. offers a innovative optical fiber-based acoustic systems to enable precise & continuous monitoring of hydrocarbon flow & downhole/surface equipment.

Energreen AS

Based in Sandnes, Norway.

Energreen has developed a technology which makes it possible to generate clean energy from pressure drops in fluid process systems.

Oxane Materials Inc.

Based in Houston, USA.

Oxane Materials, Inc. manufactures the only nano-structured ceramic proppants with strength/weight ratios that provide a paradigm shift in proppant transport & conductivity to increase IP & EUR in hydraulically fractured wells.

Reality Mobile Inc.

Based in Herndon, Virginia, USA.

Reality Mobile® provides enterprise software for real time video communication using existing infrastructure to enhance mission critical decision making by enabling subject matter experts on-demand.

Red Spider Ltd.

Based in Aberdeen, United Kingdom.

Red Spider specialises in supplying innovative downhole intervention and completion products, most of which use its propriatary Remote Open Close technology. The products create significant value for clients through enhanced well performance and rig time saving.

READ Well Services Ltd.

Based in Aberdeen, United Kingdom.

Provides cased hole logging and unique well construction- and repair technology utilizing proprietary hydraulic expandable tools.

Foster Findlay Associates (ffA)

Based in Aberdeen, United Kingdom.

ffA provides 3D seismic analysis software & services that objectively and rapidly extracts geological features from 3D seismic to deliver gains in productivity and risk reduction in seismic interpretation, prospect generation, target definition and well planning.

Exited investments

Direct Drive Systems Inc.

Based in Los Angeles, USA.

DDS delivers a compact subsea & pipeline compression system with high-speed permanent magnet motors & generators.

DDS was bought by FMC Technology in September 2009.

NovaDrill Inc.

Based in Utah, USA.

NovaDrill is developing next generation Rotary Steering Tools, MWD/LWD Tools and PDC Bits that will revolutionize geosteering & drilling performance.

NovaDrill was sold in February 2010.