startup companies

Being a startup in oil and gas isn’t always easy, and so it is nice when you get noticed at the industry’s largest gathering, the Offshore Technology Conference. Learn about 10 new companies that industry insiders say are the ones to watch in 2018.

The $50-million investment ranks as one of Total Energy Ventures’ biggest investments to date. Dedicated to China’s energy sector, it will focus on renewable energies, the energy internet, energy storage, distributed energy, smart energy, and low-carbon businesses.

A 2-day event in Houston will bring together investors, entrepreneurs, and innovators from the oil and gas industry to discuss trends and pitch ideas.

The president of Chevron Technology Ventures discussed how startup companies can fill the gaps in a rapidly changing technological ecosystem, and Chevron's mechanisms to understand the role startups can play in its operations.

Veros Systems took top honors at a competition involving energy startups.

Money is the root all of startups, but getting it and making more of it depends on dealing with demanding people.

Making money on drilling innovation requires finding a technology that solves a significant problem, executing a good plan, and getting out while still ahead.

PipeFractionalFlow, a spinoff startup from the University of Texas at Austin, uses new theories and equations to make modeling complex multiphase flow more affordable. A model recently developed offers operators an “independent and unbiased” way to validate the system and select candidate wells.

A key aspect of the project discussed in this paper is the use of minimal initial-production facilities to achieve significant early production from each of four preconstructed artificial islands.