NewsOur latest announcements, insights and press releases

Latest news

Insights

Portfolio Spotlight: Tomas Hvamb discusses Trainor growth strategy

We asked our investment director and Trainor board member, Tomas Hvamb, why the company was the perfect fit for our growing portfolio of differentiated technology investments, as well as his future predictions for the company’s growth. In July, we...

Read more

Insights

Portfolio Spotlight: Interview with Kåre Vegar Sund, Trainor Creative Director

In this blog, part of our Trainor portfolio spotlight campaign, we caught up with Kåre Vegar Sund, Trainor Creative Director. Kåre chats to us about his role within the company, what e-learning means to him, and how he sees the market evolving as...

Read more

Insights

Portfolio Spotlight: Deep Casing Tools Delivers 30,000 Tonnes of Greenhouse Gas Emissions Savings

Our Senior Partner, Greg Herrera, shares his insight on Deep Casing Tool’s innovative TurboRunner and TurboCaser tools, looking at how they fit into the EV portfolio, and what benefits these technologies bring to both the economy and...

Read more

Insights

Portfolio Spotlight: Interview with David Stephenson, Deep Casing Tools CEO

As part of our portfolio spotlight on Deep Casing Tools, we caught up with CEO David Stephenson to find out more about the company’s international growth, ‘Simple Innovation’ philosophy, and award-winning Casing Cement Breaker...

Read more

News

EV portfolio company, Abrado, appoints new CEO

Tuesday 11th August – Abrado, the industry leader in the surgical removal of multiple casing sections downhole, has appointed Jason Broussard as President and CEO.  He will be based at the company’s office in Broussard, Louisiana. With a...

Read more

Insights

Portfolio Spotlight: Interview with Dan Piette, Bluware CEO

As our portfolio spotlight on Bluware comes to a close, we caught up with Dan Piette, Bluware CEO, on the current state of the oil and gas industry, and how Bluware’s unique offering can benefit both geoscientists and the wider industry.  Let’s...

Read more

Insights

Portfolio Spotlight: Interview with Kostya Deev, Bluware Senior Cloud Developer

As part of our portfolio spotlight this month, we spoke with Kostya Deev, Senior Cloud Developer at Bluware, on what it’s like to work for a leading E&P company making strides in the seismic cloud industry. Who is Bluware? Bluware is paving...

Read more

News

Trainor secures investment from EV Private Equity

Thursday, 23rd July 2020 – The leading provider of electrical safety training, digital solutions and consultancy services to the global energy, renewables, power and grid, and maritime industries, Trainor, has secured new investment from EV...

Read more

Insights

Portfolio Spotlight: Bluware Volume Data Store (VDS)

As part of our Bluware portfolio spotlight, Andy James, Chief Product Officer at Bluware, talks us through the Bluware Volume Data Store (VDS), a powerful storage format that can support previously unthinkable application workflows and end-user...

Read more

Insights

Portfolio Spotlight: Reflections from ROMAR International CEO, Malcolm MacKenzie

As our spotlight on ROMAR International comes to a close, we caught up with company CEO, Malcolm MacKenzie. We asked what the future holds for both ROMAR, and the wider energy industry as it contends with the fluctuating oil price and a global...

Read more

Insights

Portfolio Spotlight – Tomas Hvamb on ROMAR International’s growth and success

As part of our portfolio spotlight on ROMAR International, we caught up with our very own Tomas Hvamb, who plays an active role on the ROMAR board. Tomas shares his thoughts on the stellar growth made by ROMAR so far, and what the company is doing...

Read more

Insights

Portfolio Spotlight – Interview with Sean Burrows, ROMAR’s Lead Workshop Technician

Working on the frontline of ROMAR International’s product delivery is Offshore/Lead Workshop Technician, Sean Burrows.  Sean originally joined the ROMAR team when he was just 18 years old and is a much -loved member of the team due to his...

Read more

News

In the news with Einar Gamman: Offshore Engineer

Einar Gamman, our Senior Partner, recently spoke to Offshore Engineer to share his thoughts on how the global pandemic, paired with the climate emergency, has forced sustainability to jump up higher on the agenda for many oil majors. He outlines why...

Read more

News

Bluware Signs New Agreement with BP

Bluware Corp, the digital innovation platform that enables the oil and gas industry to accelerate digital transformation initiatives using deep learning, has announced a new agreement with BP. The agreement will see Bluware, which has been backed by...

Read more

Insights

Portfolio Spotlight: Interview with Aquaterra Energy Managing Director, James Larnder

We are coming to the end of our Aquaterra Portfolio Spotlight campaign, and we thought who better to speak to than James Lardner, Aquaterra Energy Managing Director, to find out more about the company’s achievements and exciting growth plans. You...

Read more

Insights

Portfolio Spotlight: Interview with Aquaterra Energy Technical Director, Stewart Maxwell

Our latest portfolio spotlight campaign saw us lift the lid on life at Aquaterra Energy, the offshore specialists. We spoke to Aquaterra Energy Technical Director, Stewart Maxwell, to find out what a typical workday looks like for him in lockdown....

Read more

Insights

Portfolio Spotlight: Interview with Abrado Executive Chairman, Martyn Fear

We caught up with Martyn Fear, Abrado Executive Chairman on Abrado’s leading Medusa technology and performance optimization via its ‘Operations Excellence’ approach. It was recently announced that you were appointed as Executive Chairman for...

Read more

News

EV Private Equity Launches its Charity Foundation

Today we announced the launch of the EV Private Equity Charitable Initiative (EVCI), which has seen us donate much-needed funds, as well as the team’s time and business skills, to support local Aberdeen charities. The annual initiative will...

Read more

Insights

Portfolio Spotlight: Interview with Geoteric Research & Development Director, James Lowell

Graduating from the University of Durham with a PhD in medical image processing, James Lowell is now at the forefront of uncovering geological discoveries, specialising in creating innovative technologies for Cognitive Interpretation at Geoteric....

Read more

Insights

Portfolio Spotlight: Meet Mark Brownless, Geoteric Geoscientist

In this blog, Chief Geoscientist Mark Brownless, at Geoteric, shares his thoughts on how bringing science and technology together can tear up the rule book when it comes to seismic interpretation.  A key step at the beginning of any project is...

Read more

News

Responsible investing in the energy sector

By Karem Kobayashi, Compliance Manager at EV Private Equity This article first appeared in Energy Voice on 24/02/2020 Disruptive environmental protests from activists like Greta Thunberg and groups such as Extinction Rebellion have dominated the...

Read more

News

In the News with Karem Kobayashi: Responsible Investment in the Energy Sector

This week our Compliance Manager, Karem Kobayashi, spoke with Energy Voice to share her insights into the changing attitudes towards responsible investment in the energy sector, and how priorities have changed across the industry as environmental...

Read more

News

EV portfolio company, Enpro Subsea, Acquired by Hunting PLC

February 21st 2020 – Production Optimisation Specialist, Enpro Subsea has been acquired by Hunting PLC. In a statement issued earlier today, Hunting, the international energy services group, confirmed acquisition of one hundred percent of the...

Read more

News

Eddyfi/NDT Acquires EV Private Equity portfolio company, Halfwave

Québec, Canada, February 18th, 2020 — Eddyfi/NDT announced today the acquisition of Halfwave, headquartered in Bergen, Norway. Halfwave is the owner of the proprietary Acoustic Resonance Technology (ART), an ultrasound-based technique which...

Read more

News

EV portfolio company, Enpro Subsea, wins 2020 Subsea UK award

Production optimisation specialist, Enpro Subsea, has been named Company of the Year during the Subsea UK Awards gala dinner last night (Wednesday, 12th January 2020), in celebration of the very best of the sector’s businesses and stand out...

Read more

News

BP acquires Fotech, leader in distributed acoustic sensing, from EV Private Equity

This acquisition will allow for BP to grow into new markets – smart cities, security, pipelines, as well as building capability in oil and gas. This press release first appeared on Offshore Technology on 12/02/2020. BP today completed the...

Read more

News

EV Private Equity strengthens team with Matt Anstead promotion

We are pleased to announce the promotion of Houston-based Matt Anstead to Senior Partner. In his new role, he will continue to provide strategic input to the firm’s current portfolio of leading energy service companies, in addition to supporting...

Read more

News

Rajat Maheshwari Promoted to Investment Manager

We are pleased to announce the promotion of Rajat Maheshwari to Investment Manager in our Aberdeen office. Rajat Maheshwari has nearly a decade of energy industry experience, and joined EV Private Equity in 2015. Since joining the company, he has...

Read more

Insights

In the News: Greg Herrera shares oil and gas market trends

Senior Partner at EV Private Equity, Greg Herrera, recently spoke to Energy Voice to share his opinion on the oil and gas industry trends that shaped 2019, and provided his predictions for 2020 market activity. In particular, he discussed the...

Read more

Insights

Q&A with New EV employees: Kaivan Forouzesh and Amy Brownlie

Recently joining our Houston office and the EV family, we caught up new employees Kaivan and Amy after our investor conference, which gave them the opportunity to bond with their new colleagues. Kaivan Forouzesh, Senior Analyst What attracted you to...

Read more

Insights

Successful leadership – capabilities, responsibilities and tasks

By Rune Jensen, Senior Partner, EV Private Equity Successful leadership is all about creating an environment which allows each member of an organisation to perform according to the overarching ambitions and plans. It is about quantitative and...

Read more

Insights

Leadership behaviours we can embrace

By Rune Jensen, Senior Partner, EV Private Equity My experience from CEO and Executive Chairman positions in 16 countries across Europe, USA and Asia is that although there are certain cultural differences that influence how leaders behave, and how...

Read more

News

EV Private Equity Expands Global Team

Kaivan joined our Houston office as Senior Analyst, his role focussing on deal origination, new investment diligence and portfolio management. He has built his analytic knowledge from his previous role as Investment Analyst at Miller Global...

Read more

Insights

Supporting Gathimba Edwards Foundation – Update

We caught up with Jackie Burke, our Aberdeen Office Manager, after her trip to Karatina, Kenya with the Gathimba Edwards Foundation (GEF). What was accomplished on the trip? A group of 13 strangers from Scotland flew to Kenya to build 3 new houses...

Read more

Video

EV Private Equity 2019 Annual Investor Conference

In September 2019, we hosted our Investor Conference in Stavanger and welcomed two guest speakers with different views on how climate change should be tackled. The result? An engaging discussion that carried on beyond the event and media coverage in...

Read more

News

EV announces 2019 CEO and CFO of the Year

Our recent annual investor conference saw us announce our much anticipated CEO and CFO of the year! Mark Miller of Pennsylvania-based Workover Solutions (WOS) secured the CEO of the Year accolade after fighting of strong competition from...

Read more

News

News feature: Stavanger investors manage billions

A feature written by Glenn Stangeland, Sandes, Norway. This article first appeared on October 23rd, 2019 on Petro.no (Energi24.no) and is used here with permission of the publication. EV Private Equity, headquartered in Stavanger, manages billions...

Read more

News

EV Private Equity Welcomes Advisory Board Members

We have appointed two new EV Private Equity advisory board members, Bettina Bachmann and Carl Stjernfeldt, who bring decades of experience and valuable knowledge in venture capital to the firm. Ms Bachmann spent 35 years at Shell, latterly as Vice...

Read more

Insights

Making a Career in Private Equity

Intrigued by the mystique and excitement surrounding the world of PE sector and keen to find out more about making a career in private equity? Jebb Peria, associate at EVPE, one of the world’s leading specialist private equity firms in the energy...

Read more

Insights

Creating Value Through Active Stewardship

By Rune Jensen, Senior Partner – Stavanger, Norway Value creation in private equity has historically been perceived as a form of financial engineering based on an investment philosophy of “quick in – quick out”. However, in recent years the...

Read more

News

Rival Downhole Tools Secures Agreement for Drilling Motors

Rival Downhole Tools (Rival), a portfolio company of EV Private Equity, has secured a five-year collaborative supply agreement for drilling motors for US Land from a major oilfield services provider. Rival will utilize its market-leading...

Read more

Video

Global Energy Investor: EV Private Equity

Our success as a global energy investor is based on our unique approach. It is based on three core principles: Global Reach: a global industry requires global reach; that’s why we are international in scope but local in knowledge. We are on the...

Read more

News

EVPE underlines commitment to responsible investment

EV Private Equity is pleased to announce it has signed the United Nations-supported Principles for Responsible Investment (PRI). The PRI aims to incorporate environmental, social and governance (ESG) factors into decision-making to create more...

Read more

News

EV Private Equity buys Enhanced Drilling from Altor

Enhanced Well Technologies AS, a company owned and controlled by EV Private Equity (“EV”) and a major global oil company, has completed the purchase of Enhanced Drilling Holding AS (“Enhanced Drilling”) from the Altor 2003 Fund and Altor...

Read more

Insights

Supporting the Gathimba Edwards Foundation

EV Private Equity is delighted to support the Gathimba Edwards Foundation by matching the donation total raised by our very own Jackie Burke for her trip to Karatina, Kenya in October. The trip is entirely self-funded by Jackie, and all donations go...

Read more

Insights

The Future of UKCS: Small (and Agile) is Beautiful

by Greg Herrera, Senior Partner When the Americans decided to embark on the space programme for the moon landings in the early 1960s, they famously said that they chose to do it “not because it is easy but because it is hard”. Something of that...

Read more

Insights

Collaboration is King

by Greg Herrera, Senior Partner Sometimes it’s only by looking at the extremes of behaviour beyond your own industry that you get a sense of what is possible, desirable and profitable. This applies especially in supply chain collaboration, where...

Read more

Insights

Shale Shock

by Helge Tveit, Managing Partner Dogged by poor recovery rates and rapidly declining well output, the shale oil sector has disappointed since the initial boom. But investment in innovative refracking technologies can change that dynamic and deliver...

Read more

News

We are hiring: Junior Analyst, Aberdeen

EV Private Equity is an independent private equity firm investing in the upstream oil and gas sector. Through our investments, we play an active role in securing a safer,  more productive and sustainable future for the E&P...

Read more

Insights

The Shape of Things to Come

We look forward to the digital oil field of 2030 and reveal the digital roadmap that will enable the industry to get there. by Per Arne Jensen, Senior Partner The year 2030 sounds futuristic. It seems a long way off. In fact, we are closer to it...

Read more

News

Next phase beckons as production solutions firm, FourPhase, reaches ambitious targets

Norwegian based production solutions firm, FourPhase, has reported a substantial increase in revenue and staff numbers, as it seeks to expand further in 2019. Revenue jumped by 76% from 2017 to 2018. During that period, FourPhase also recruited an...

Read more

News

Motive Offshore secures multi-million pound investment from EV Private Equity to support growth plans

A North East equipment specialist has secured a multi-million private investment as it strives towards its ambitious growth strategy to become a £20 million EBITDA business in the next five years. Motive Offshore Group has agreed a deal with EV...

Read more

Insights

Looking to the future

by Einar Gamman, Senior Partner In a series of blogs, our senior partner, Einar Gamman explores the industry’s hot topics – the burning questions we need to address to guarantee the oil and gas sector doesn’t just survive but thrives. Einar...

Read more

Insights

Digital transformation energises the future

by Einar Gamman, Senior Partner In a series of blogs, our senior partner, Einar Gamman explores the industry’s hot topics – the burning questions we need to address to guarantee the oil and gas sector doesn’t just survive but thrives. Einar...

Read more

Insights

Balancing energy dilemmas and growth

by Einar Gamman, Senior Partner In a series of blogs, our senior partner, Einar Gamman explores the industry’s hot topics – the burning questions we need to address to guarantee the oil and gas sector doesn’t just survive but thrives. Einar...

Read more

News

WellConnection Group signs deal on first UK acquisition

WellConnection Group, a leading Norwegian inspection, maintenance and repair (IMR) company has acquired Peterhead-based Independent Oilfield Services (IOS) in a deal which marks their entrance into the UK market. WellConnection Group with bases in...

Read more

News

How to attract the right capital for successful growth

How do you attract capital? More importantly, how do you attract the right capital for successful growth? EV PE Investment Director Espen Strøm has eight key questions you should consider if you want to successfully secure the best growth capital...

Read more

News

Norwegian pipeline inspector Halfwave wins two new in-line inspection contracts from Woodside Energy

EV Private Equity backed Halfwave, which has developed innovative and cost-effective in-line inspection technology for the oil and gas pipelines, has been awarded two new inspections by Woodside Energy in Australia. The awards have been made as...

Read more

Insights

The oil and gas industry needs diversity, not consolidation

Oil exploration and production (E&P) firms that are trying to reduce the number of suppliers they deal with are taking a “schizophrenic” approach to business, a Norwegian investment expert said. Operators can be blinded by the apparent...

Read more

Video

EV Private Equity: Who we are.

Read more

News

Bluware teams with EV Private Equity plus E&P global leader

Bluware, a global leader in high-performance Platform-as-a-Service computing innovation, is pleased to announce a round of funding led by EV Private Equity (EV). The transaction also includes contributions from Shell Ventures, while EV’s Senior...

Read more

News

Equinor awards well construction deal to Aquaterra Energy

Aquaterra Energy, an offshore engineering solutions provider, has been selected by Equinor to deliver early well construction operations, using its Well Start solution, on the Johan Sverdrup field, offshore Norway. Aquaterra said on Tuesday that...

Read more

News

Technology business secures investment for global growth

Technology business secures investment for global growth Fresh investment of $5m+ underpins growth strategy and technology development New management team focused on delivering value for customers Early success with significant Middle East NOC...

Read more

News

Aquaterra Energy designs, fabricates and installs first CSP platform offshore Trinidad and Tobago

ABERDEEN — Aquaterra Energy, has completed the delivery of a Sea Swift conductor supported platform (CSP) for DeNovo Energy in the Gulf of Paria, offshore Trinidad and Tobago. This is the first platform of its kind to be installed in the...

Read more

News

SageRider joins Madison Industries

Oil & Gas technology and information services leader SageRider, Inc. has joined the Madison Energy vertical of Madison Industries. Founded in 2008, SageRider serves its customers from offices throughout the USA, Argentina, and Colombia. ...

Read more

News

Abrado completes rig-less, dual-string section-milling P&A job in GOM

Abrado announced that it has completed the first well in a multi-well P&A campaign for an independent GOM operator, using its proprietary Medusa expandable casing section-milling technology. Work on the multi-well campaign for the GOM operator...

Read more

News

Private equity injection to boost growth at Enpro Subsea

Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimisation business into new and existing international markets and further develop the range of production optimisation and intervention technologies. The...

Read more

News

Halfwave Lands Inspection Contract for Nord Stream 2

Halfwave has been awarded a contract to design and build 48” ART Scan® in-line inspection tools for Nord Stream 2. The ART Scan® tools will be used to inspect the 48” twin gas pipelines in the Nord Stream 2 project. The length of each of the...

Read more

News

Fotech announces partnership with Sercel

Fotech is pleased to announce today a new technical partnership with Sercel, the market leader in seismic data acquisition equipment.   The partnership will see Fotech’s pioneering Distributed Acoustic Sensor (DAS) monitoring technology...

Read more

News

EV Private Equity invests in Ashmin and Workover Solutions

Ashmin, founded in 2003 by Doc Gunther, a respected engineer of downhole drilling tools, announced the completion of an investment of $15,000,000 from EV Private Equity into Ashmin and its sister company Workover Solutions. The funds will be...

Read more

News

Progressus portfolio company Viju sold to the Dutch-German Private Equity firm Avedon Capital Partners

Senior Partners in EV Private Equity, Rune Jensen and Per Arne Jensen, who established the Norwegian Private Equity fund manager Progressus in 2006, sold the Progressus portfolio company Viju to the Dutch-German Private Equity firm Avedon Capital...

Read more

News

Halfwave awarded inspection contract by INPEX for the Ichthys LNG Project

Halfwave is pleased to announce the award by INPEX Australia of a long-term contract for multiple in-line inspections. The scope of work includes a custom built 42” Acoustic Resonance Technology (ART) Scan™ by Halfwave to inspect the subsea...

Read more

News

EV Private Equity invests in Evolution Engineering

EV Private Equity has invested in Evolution Engineering Inc. Financial terms weren’t announced. Evolution Engineering, of Calgary, provides products and engineering services to the measurement while drilling market. PRESS RELEASE  Evolution...

Read more

News

Aquaterra signs investment deal with EV Private Equity

Aquaterra Energy, a leading global offshore engineering solutions provider, has secured a multi-million pound investment from EV Private Equity as the company gears up for service expansion and new technology launches. The deal is the first to be...

Read more

News

New name and corporate profile

EV today launched a new name, logo and profile to better align our visual identity with EV´s work strengthening companies and uncovering new technologies in the energy sector. EV will remain an independent growth equity firm applying our...

Read more

News

Fotech and industry partners launch the Fiber Optic Sensing Association

26th April 2017, Church Crookham, UK – Fotech Solutions, the linear asset technology monitoring specialist, has been named as a founder member of the Fiber Optic Sensing Association (FOSA), a new trade association dedicated to educating the...

Read more

News

FourPhase receives ISO 9001:2015 and 14001:2015 certifications

FourPhase has obtained ISO 9001:2015 and 14001:2015 certifications. The certifications demonstrate FourPhase’s commitment to consistently provide good quality services in design, development, assembling, testing, maintenance, renting and operation...

Read more

News

Investment Den at RGU

RGU students take on the dragons MBA students from Robert Gordon University’s (RGU) Aberdeen Business School faced their own set of “dragons” when they took part in an Investment Den exercise supported by Energy Ventures and Simmons and Co....

Read more

News

ESIA re-launches as Westwood Global Energy Group in a bid to take significant share of energy research market.

PRESS RELEASE  ESIA re-launches as Westwood Global Energy Group in bid to take significant share of energy research market   Westwood Global Energy Group combines the complementary expertise of influential research and consulting firms, Hannon...

Read more

News

Zilift’s ESP TorqueDrive achieves one year production in U.S. well

ABERDEEN — Zilift has achieved more than one year’s production from its TorqueDrive (TD) technology in a cyclic steam operated, previously sub economic, well in California. The achievement further underpins the company’s position as a...

Read more

News

SageRider Acquires Majority Stake in Texproil

SageRider, Incorporated is pleased to announce the acquisition of a majority interest in Texproil S.R.L. Argentina. This acquisition will allow SageRider to expand its presence and product offerings in South America, while adding to its overall...

Read more

News

Energy Ventures and Viking Venture exit READ Cased Hole Ltd

      Read Well Services Holding AS, a portfolio company of Energy Ventures III LP and Viking Venture III, funds managed by Energy Ventures III AS and Viking Venture AS, has signed an agreement to sell their shareholding in READ Cased...

Read more

News

Zilift in world first as company installs, operates and retrieves ESP on live well

ABERDEEN, Scotland — Zilift, a developer of permanent magnet technologies for artificial lift applications, has achieved a world first in the installation, operation and retrieval of a slim-line cable deployed electrical submersible pump...

Read more

News

JSI Services joins the ESIA Group of Companies

JSI Services announces that they have joined the ESIA Group of companies. Click here to read more

Read more

News

Energy Ventures Announces the promotion of Matt Anstead

7 December, 2016     Promotion We are pleased to announce the promotion of Matt Anstead from Investment Director to Partner. Throughout his time with Energy Ventures Matt has proven to be an exceptionally effective and knowledgeable member...

Read more

News

North Sea Decommissioning Market Forecast

North Sea Decommissioning Forecast to Blossom After Yme Removal AllSeas recent successful removal of the Yme platform was the first job completed by the Pioneering Spirit – demonstrating that the world’s first single lift vessel (SLV) was back...

Read more

News

Energy Ventures earmarks $200 million for investment in North Sea businesses

Issue date: 3 November 2016 Energy Ventures earmarks $200 million for investment in North Sea businesses Independent private equity firm Energy Ventures has earmarked US $200 million to help boost North Sea businesses during challenging times for...

Read more

News

READ Cased Hole at ONS 2016

READ Cased Hole will be showcasing multiple technologies at ONS 2016. Click here to read more.

Read more

News

Integrity Evaluation Specialist READ Cased Hole Appoints Global Business Development Manager

Aberdeen-based production and integrity evaluation specialist READ Cased Hole (READ) has expanded its senior management team and appointed Gavin Lindsay as Global Business Development Manager. Following a number of successful contract wins and new...

Read more

News

Deep Casing Tools Deploys First System in Iraq

Casing and completion tool specialist Deep Casing Tools has continued its Middle East expansion with a successful deployment of its unique drillable turbine technology in Iraq. The company’s 7” Turbocaser Express™ high-speed reaming system was...

Read more

News

ESIA Appoints Non-Executive Director to Strengthen Market Proposition

Energy Software Intelligence Analytics (“ESIA”), a provider of strategic business intelligence and market research services is pleased to announce the appointment of Douglas Montgomery as a non-executive director. Mr Montgomery was formerly...

Read more

News

Abrado Acquires Key Deltide Service Lines

Proprietary milling, fishing and magnetic tools viewed as a key to Abrado’s “Video Onboard™” strategy for intelligent wellbore debris management  HOUSTON: Leading specialist in wellbore cleanout and video diagnostics services, Abrado...

Read more

News

Energy Ventures Private Equity Portfolio Company Sells Property at Mongstad

Energy Ventures Private Equity portfolio company sells property at Mongstad Energy Ventures Private Equity today announced the sale of a property at Mongstad consisting of 77.000 m2 land incl. production facilities to Mongstad Administrasjon AS (a...

Read more

News

Wireless Seismic Announces Purchase of RT System 2 by JGI, Inc.

Sugar Land, TX (May 17, 2016) — Wireless Seismic, Inc., the leading innovator of real-time and cable-free seismic data acquisition systems for the oil and gas industry, announced today the sale and delivery of its RT System 2 seismic data...

Read more

News

Downturn to Expedite Subsea Sustainability

In recent years, the economic viability of numerous offshore projects has been questioned due to a relentless rise in Capex and Opex. The prolonged low oil price has placed additional pressure on operator budgets – resulting in deferred...

Read more

News

ProSep Wins Order to Supply ProMix Units to Middle Eastern NOC

HOUSTON — ProSep is to supply four ProMix units to a national oil company based in the Middle East, the company said Tuesday. “The ProMix technology generates homogeneous and moderate shear force to the dispersed phase across the cross section...

Read more

News

FourPhase Welcomes On Board a New Chairman – May Newsletter

We have strengthened our management team with a new Chairman of the Board  – Einar Gamman. Einar has 28 years of industry experience and oversees the Energy Ventures Advisory Board. Mr. Gamman has held senior management positions in Tentech...

Read more

News

Fotech Exhibit at OGS

Fotech Solutions will be presenting its LIVEPipe technology in London. Click here to read more.

Read more

News

Wireless Seismic Announces Purchase of RT System 2 by GALLEGO TECHNIC Geophysics

Sugar Land, TX (May 10, 2016) — Wireless Seismic, Inc., the leading innovator of real-time and cable-free seismic data acquisition systems for the oil and gas industry, announced today the sale and delivery of its RT System 2 seismic...

Read more

News

Wireless Seismic News

New Year Edition Wireless Seismic remains optimistic despite industry slump — Despite the reports of cutbacks in the industry, Wireless Seismic continues to stay positive due to the recent RT System 2 sales and additional investments. Yug-Neftegaz...

Read more

News

Richmond Energy Partners Publishes 2016 State of Exploration Report

On 4th of May REP published its seventh annual ‘State of Exploration’ report, which benchmarks the performance of international conventional oil and gas exploration. The report has grown to become one of the definitive global benchmarks in the...

Read more

News

Deep Casing Tools Expands into New Territories

Deep Casing Tools has expanded its business with successful first deployment of a Turbocaser Express in Kazakhstan. Deep Casing Tools’ reaming and unique drillable turbine technology provides significant time and cost savings when compared to...

Read more

News

GeoTeric Makes Your Workflow Easier as it Releases the 2016 Version of its Software

GeoTeric has announced the release of GeoTeric® 2016 incorporating faster performance, improved usability and new technology. With the 2016 release, GeoTeric has introduced a completely new file format, specifically designed to address the issues...

Read more

News

Coming Soon | The State of Exploration 2016 by Richmond Energy Partners

Richmond Energy Partners’ report analyses international conventional exploration performance in 2015 and over a five-year exploration cycle, together with 2016 exploration drilling plans. A group of 40 large to mid-sized E&P companies are...

Read more

News

PanGeo at CIPPE-China March/April 2016

Last week, Phil Williams from our Business Development team was part of the Scottish Development International Trade Mission to China. Part of this mission was to exhibit PanGeo at the Scottish Pavilion Trade Stand at the China International...

Read more

News

SageRider West Acquires Bakersfield Oil Field Service Company

SageRider West acquires Technical Wireline Services to establish itself in California and prepare for the future of oil. Click here to read more.

Read more

News

SageRider West Expands

SageRider West expands position in California through its acquisition of Technical Wireline Services. Click here to read more.

Read more

News

29th Frontier Licensing Round Screening Study: Interim Report Available Now

Hannon Westwood anticipates that the UK 29th Frontier Licensing will open shortly with the deadline for applications likely to be six months from announcement and the acreage should be awarded in 1Q17. For the UK 29th Frontier Licensing Round...

Read more

News

Two Sessions Left in GeoTeric’s Online Training Series

Our Online Training Series offers you the chance to sign up for exclusive GeoTeric training. The training is taught by one of our in-house Geoscientists. Each session lasts an approximate 30 minutes and guides you through the essential Cognitive...

Read more

News

Maintaining Pipeline Security in Hostile Regions

Terrorism continues to affect the Middle Eastern Oil & Gas industry and therefore it has never been more important for operators to deploy tried-and-tested technologies to protect their assets The Oil & Gas industry has faced an increasingly...

Read more

News

Schlumberger Acquires Meta Downhole Limited

Unique metal-to-metal sealing technology expands Completions portfolio HOUSTON, March 24, 2016—Schlumberger today announced the acquisition of Meta Downhole Limited, a UK-based engineering and service company that offers technology and expertise...

Read more

News

READ Cased Hole Releases New Technology at ICoTA Conference

READ Cased Hole releases new ZeroTime technology at the International Coiled Tubing Association Conference this week in Houston, TX. Click here to read more.

Read more

News

READ Cased Hole Launches ZeroTime

READ Cased Hole, a market leader in innovation, launches new logging technology that saves time and cuts cost. Click here to read more.

Read more

News

READ Cased Hole Launches Innovative Technology that Helps Oil and Gas Operators Maximize Efficiency and Reduce Costs

Investors of Aberdeen-based well intervention specialist READ Cased Hole welcome continued growth of their portfolio company as it takes its latest logging technology, ZeroTime to launch at the SPE ICoTA Coiled Tubing and Well Intervention...

Read more

News

West Africa: The Deepwater Bubble Bursts

A year ago, Douglas-Westwood (DW) commented that E&P companies within West Africa were focusing reduced Capex plans on high-quality deepwater assets in the region. At the time, Brent crude was rebounding towards a mid-2015 peak of over $60 per...

Read more

News

UK Shale Plays Report: Prospectivity, Resource Potential and Acreage Ranking

Novas Consulting, a wholly-owned subsidiary of Hannon Westwood, in collaboration with TGS, announces their UK Shale Plays Report, a critical review of the widely differing UK shale resource estimates that establishes the true potential of existing...

Read more

News

2016 GeoTeric Annual Technology Forum Announced

Join us in April 2016 to celebrate our 10th Annual Technology Forum. Taking place at 170 Queens Gate, London, the GeoTeric Annual Technology Forum is your chance to hear exclusive announcements of software developments, as well as key speakers and...

Read more

News

LivePIPE System at Pipeline Integrity Management Forum

Church Crookham, UK, 15th March 2016 – Fotech Solutions, the linear asset monitoring technology specialist, will be exhibiting at the ninth annual Pipeline Integrity Management Summit on 15th-17th March in Berlin, Germany. At the show, Fotech will...

Read more

News

Investing in a Downturn: The Promise and Perils of Technology Investing in Current Market Conditions

Silicon Valley and “Technology Investing” seem to be synonymous in the public mind today. But dive deeper and one finds a much richer variety of technology investing with smaller hubs focused on different industry sectors. Each of these...

Read more

News

APPEX Global 2016: The State of Exploration 2016 – Activity, Trends and Valuations

Richmond Energy Partners is pleased to be at #APPEX Global 2016 at London’s Business Design Centre 1-3 March. Keith Myers, Founder and Managing Partner at Richmond Energy Partners, will be speaking on Tuesday 1st March 09:55am –...

Read more

News

APPEX Global 2016: The UK’s Future Potential in Global Deal Flow

Andrew Vinall, Technical Director at Hannon Westwood will be giving a presentation titled “The UK’s Future Potential in Global Deal Flow” at 11.25 on Tuesday 1st March at APPEX Global. Andrew will review deal flow in the UK over the past 5...

Read more

News

FourPhase Presenting ‘Sand Management Simplified’

Join FourPhase as they present at SPE Aberdeen YP Simplified Series Event on March 2, 2016. To learn more, click here.

Read more

News

Produced Water Sand Management

The amount of produced water increases as an oil field matures. While the worldwide average for water cut is around 75%, for some reservoirs it may increase to 98%. Managing the increasing volume of produced water is one of the main challenges the...

Read more

News

ProSep Awarded New Contract

One of ProSep’s many differentiated technologies will be used by Statoil in the Norwegian North Sea. Click here to read more.

Read more

News

Wireless Seismic Raises $5M

Wireless Seismic recently secured $5 million in their capital raise. This will go toward growing and continuing to revolutionize data acquisition with their real-time, cable-free systems. Click here to read more.

Read more

News

Fotech to Showcase at SPE Hydraulic Fracturing Technology Conference 2016

Next week, the SPE Hydraulic Fracturing Technology Conference kicks off in The Woodlands, Texas. In attendance will be Fotech Solutions to demonstrate their revolutionary sensing technology, the Helios DAS. Click here to read more.

Read more

News

ProSep Welcomes New Team Member

ProSep adds new sales manager to expand opportunities in Norway. Click here to read more.

Read more

News

Continued Growth and Success for Deep Casing Tools

Deep Casing Tools strengthens presence globally by adding to their Global Team. Click here to read more.

Read more

News

READ Cased Hole Collaborates with GE Oil & Gas

READ Cased Hole and GE Oil & Gas combine their resources and work together to develop a new micro-leak detection tool. Click here to read more.

Read more

News

PanGeo Subsea to Attend Oceanology 2016 – March 15th to 17th, London

PanGeo Subsea will be attending Oceanology International 2016. The world’s premier event for marine science and ocean technology, March 15th to 17th in London. Visit us at the Atlantic Canadian Pavilion. Booth number coming soon.

Read more

News

Hannon Westwood Reports on 2015 Drilling Activity, Results and M&A Transactions in NW Europe

2015: UK delivers quality, Norway provides quantity A year on since the oil price collapse and the effects are making themselves felt across NW Europe, particularly in the UK and Norwegian sectors. The count of E&A well spuds in the UK is an...

Read more

News

2016 GeoTeric Annual Technology Day Announced

Join us in April 2016 to celebrate our 10th Annual Technology Day. Taking place at 170 Queens Gate, London, the GeoTeric Annual Technology Day is your chance to hear exclusive announcements of software developments, as well as key speakers and the...

Read more

News

FourPhase’s Cost Efficient Plugging and Abandonment Operations

Using a next generation solids removal system for cost efficient plugging & abandonment operations   A large number of oil and gas assets in the North Sea are coming to the end of their design life expectancy and need to be decommissioned...

Read more

News

Stuart Large of Fotech Discusses Major Benefits of DAS

Stuart Large, Product Line Director at Fotech Solutions, discusses the major benefits of DAS in an article in North American Oil & Gas Pipelines. Click here to read more.

Read more

News

EDrill-2 Arrives at First Location

EDrill-2 departed COSCO Shipyard on 29th November after pre-mobilization inspections and third party equipment installation to arrive at the Gulf of Mottoma location on 21st December. The rig has safely and successfully completed it’s mooring...

Read more

News

FourPhase Awarded Contract from Baker Hughes

FourPhase has recently been awarded a contract from Baker Hughes Azerbaijan for delivering their next generation surface solids removal system – DualFlow. FourPhase provides patented continuous production and solids removal systems. The cyclonic...

Read more

News

Douglas Westwood and Hannon Westwood Unite as Part of the ESIA Group of Companies

Energy Software Intelligence Analytics is pleased to announce the completion of the acquisition of Douglas Westwood Limited. The acquisition of Douglas Westwood represents ESIA’s next step in delivering a growth strategy for the company that...

Read more

News

Ziebel Celebrates Milestone with 100th Z-Rod Intervention

HOUSTON, Texas — December 2, 2015 — Ziebel, the market leader in composite rod well intervention, has completed its 100th Z-Rod® distributed fiber optic sensing job. The Z-Rod system consists of a 6500m carbon fiber composite rod with...

Read more

News

Deep Casing Tools Awarded Order in Excess of $4.7M

Deep Casing Tools has been awarded a multi tool order in excess of $4.7m for deployment in the Middle East. The order is the largest ever secured by the company. Deep Casing Tools provides drillable turbine tools which enable casing and completions...

Read more

News

READ Cased Hole Wins Cased Hole Logging Contract with Hess Denmark ApS

Aberdeen-based production and integrity evaluation specialist READ Cased Hole (READ) has been awarded a cased hole logging contract by Hess Denmark ApS, a wholly owned subsidiary of Hess Corporation and one of the world’s leading independent oil...

Read more

News

Multi-million Contract Award for Aberdeen-based Well Integrity Specialist Firm

Aberdeen-based production and integrity evaluation specialist READ Cased Hole (READ), announced today that it has been awarded a multi-million pound contract by Danish energy giant, Maersk Olie og Gas A/S, which is part of the multinational Maersk...

Read more

News

Meta Showcasing MorphPackers at ADIPEC

Meta Downhole Ltd (Meta) will be showcasing its MorphPacker range at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) from the 9th to the 12th of November 2015. Middle Eastern Operators are faced with new challenges in...

Read more

News

MorphPackers Nominated for Energy Institute Technology Awards

Meta Downhole Ltd’s (Meta’s), MorphPacker products have been shortlisted for the Energy Institute’s Technology Awards. Winners will be announced at a ceremony taking place in London on 12 November 2015. The awards recognise the value of energy...

Read more

News

Wireless Seismic Announces Purchase of RT System 2 by Yug-Neftegaz Private Limited

SUGAR LAND, TX (October 15, 2015) — Wireless Seismic, Inc., the leading innovator of real-time and cable-free seismic data acquisition systems for the oil and gas industry, announced today the sale and delivery of its RT System 2 seismic data...

Read more

News

Wireless Seismic Announces Purchase of RT System 2 by PT Elnusa Tbk

SUGAR LAND, TX (October 12, 2015) — Wireless Seismic, Inc., the leading innovator of real-time and cable-free seismic data acquisition systems for the oil and gas industry, announced today the sale and delivery of its RT System 2 seismic data...

Read more

News

Meta’s Liner Tieback Technology Shortlisted for World Oil Awards

Well isolation specialist, Meta Downhole Ltd (Meta), has been shortlisted for the 2015 World Oil Awards. The awards, which honour the upstream energy segment’s leading innovators and innovations, will take place in Houston on 15 October....

Read more

News

ProSep signs CO2 Membrane Agreement with Generon

ProSep, the oil, gas, and water treatment specialist, has signed a collaboration agreement with Generon IGS, an industry-leading provider of comprehensive gas separation and compression solutions, to develop and commercialize a state-of-the-art line...

Read more

News

Wireless Seismic Announces Purchase of RT System 2 by SINOPEC Geophysical Corporation

Wireless Seismic, Inc., the leading innovator of real-time and cable-free seismic data acquisition systems for the oil and gas industry, announced today the sale and delivery of its RT System 2 seismic data acquisition system to the Chinese seismic...

Read more

News

Ziebel Featured in PennEnergy Article

Ziebel AS was recently featured in an article online for PennEnergy. The article focused on Ziebel’s successful completion of a distributed fiber optic sensing campaign for Statoil, using Z-Line. Z-Line is its new gravity-deployed carbon...

Read more

News

Energy Ventures Establishes WellConnection Group

Energy Ventures Private Equity (“EVPE”) announced today the establishment of WellConnection Group as the leading provider of inspection, maintenance and repair services (“IMR”) for drilling and subsea equipment on the Norwegian Continental...

Read more

News

GeoTeric Releases 2015.3 Software Version

The release today of GeoTeric 2015.3 marks another major step in the evolution of Cognitive Interpretation. With the advancement of broadband seismic, there is a growing need for high resolution analysis techniques that are compatible with the...

Read more

News

Energy Ventures Names Jose’ Formigli to Advisory Board

Energy Ventures, an independent private equity firm focusing on innovative upstream technology companies with strong growth potential, announced the addition of Campos Basin managerial and E&P Executive Management veteran, Jose’ Formigli to...

Read more

News

Hicor Technologies Featured in Houston Business Journal Article

Hicor Technologies was recently featured in an article for the Houston Business Journal. The article focused on Hicor’s Series B close. According to the article, the round was led by Norway-based Statoil ASA (NYSE: STO) and the money will...

Read more

News

Hannon Westwood Featured in Upstream Article

Hannon Westwood was recently featured in Upstream, The International Oil & Gas Newspaper in their online news sections. The article focused on Hannon Westwood’s recent purchase of Novas Consulting. Click here to read the full article.

Read more

News

ARKeX Featured in Offshore Technology Article

In a recent article for Offshore Technology, it was announced that BOEM has awarded the first geological and geophysical exploration permit for the offshore US east coast to ARKeX. ARKeX president Jim White was quoted in the article, “The data...

Read more

News

Deep Casing Tools Featured in Oil & Gas Technology

Deep Casing Tools was recently featured in Oil & Gas Technology for their Upstream News section. The article focused on the increasing demand for their casing and completion technlogy products. Click here to read the full article.

Read more

News

Energy Ventures Awards Prize to Two RGU Graduates

Two Robert Gordon University (RGU) scholars have been recognised for their expertise with the award of the Energy Ventures Prize. Chris Porteous and Stuart Cooper, who graduated on July 14th from RGU with first class BA (Hons) degrees in...

Read more

News

V0 Qualification for Meta Casing Reconnect

Meta Downhole Ltd (Meta) is pleased to announce that its Meta Casing Reconnect® has successfully passed ISO14310 V0 qualification testing. The Meta Casing Reconnect is a unique metal to metal sealing product that allows operators to replace damaged...

Read more

News

Hicor Technologies Commercializing Revolutionary Compressor Technology

HOUSTON, TX – July 14, 2015 – Today, Hicor Technologies, Inc. announced that it has closed its Series B financing round, which continues the funding of its development and commercialization efforts. The most recent funding was led by Statoil...

Read more

News

GeoTeric® Launches Cognitive Interpretation™

As an industry, billions are spent on acquiring and processing the best quality seismic data possible, in order to make informed decisions when drilling wells and producing oil and gas. With the vast quantities of data generated, it is easy for...

Read more

News

FourPhase Featured in Article for OilVoice

FourPhase was featured recently in an article for OilVoice on their new approach to topside solids management. The article focused on FourPhase’s patented cyclone desanding technology, the DualFlow cyclone unit. Click here to read the full...

Read more

News

Ziebel Featured in Oil and Gas Financial Journal

Ziebel AS was recently featured in Oil and Gas Financial Journal. The article focused on Ziebel’s recent completion of the largest collection and transfer of data in the oil and gas industry. The collection, carried out on behalf of major...

Read more

News

Meta’s Innovation Excellence Continues to be Recognised

Downhole isolation specialist, Meta Downhole Ltd (Meta), is celebrating after being shortlisted for the Commitment to Innovative Use of R&D award in the Northern Star Business Awards. The nomination was for the development of its liner hanger...

Read more

News

Wireless Seismic Featured in Oil Online Interview

Mick Lambert, president and CEO of Wireless Seismic Inc., chats with OilOnline.com about his career, the future of seismic innovation, and surviving the current downturn. Click here to read the full article.

Read more

News

Hicor Featured in Rigzone Article

Hicor Technologies was recently featured in the News section of Rigzone. The article focuses on Hicor’s compressor technology planned for field tests in 2016 and on how Hicor “defines a new category” in compressor technology....

Read more

News

ProSep Celebrating 10 Years of Separation Solutions

In 2015, ProSep celebrates 10 years providing the oil and gas industry with innovative oil, gas, and produced water separation solutions. From its beginning in June 2005, ProSep continues to be an industry-leading provider. Click here to learn more...

Read more

News

Energy Ventures Participates on ACG Houston Private Equity Panel

Energy Ventures partner Shantanu Agarwal was recently a featured panelist at the private equity panel discussion for the ACG Luncheon held at The Houstonian on April 14th. Entitled “Managing Portfolio Companies: When Tailwinds turn into...

Read more

News

A Message from Energy Ventures – April 2015

A Message from Energy Ventures – April Newsletter Welcome to the latest Energy Ventures newsletter. As co-managing partners, we would like to take this opportunity to update you on recent achievements. As we close the first quarter of 2015, we...

Read more

News

Acoustic Zoom Featured on Cover of Marine Technology Reporter

Acoustic Zoom was recently featured on the cover and in the accompanying article for the April edition of Marine Technology Reporter. The article addresses the need for additional energy resources and the gradual turn to offshore resources to meet...

Read more

News

Fotech Will Be Exhibiting at Shale World UK 2015

Fotech Solutions will be sharing insights on In-Well monitoring at Shale World UK 2015 April 15-16 in Birmingham. As part of the technical portion of the programme, Fotech will be demonstrating how its Distributed Acoustic Sensing (DAS) can deliver...

Read more

News

Hicor Technologies Hosts Technology Preview Day

Hicor Technologies, Inc. hosted a Technology Preview event for a select group of industry attendees on March 31, 2015. The event, which took place at Hicor’s corporate office in Houston, included management presentations and a tour of Hicor’s...

Read more

News

Ziebel Featured in Oilfield Technology

Ziebel was recently featured in Upstream and Product News of Oilfield Technology. The article announces successful usage of it’s new composite fiber optic Z-Line to acquire meaningful Distributed Temperature and Distributed Acoustic fiber optic...

Read more

News

Meta Authors Article for Oilfield Technology

Meta recently authored an article for Oilfield Technology  that highlights how a proactive approach to well planning by integrating systems such as the company’s Casing Reconnect can help operators look forward to life of well integrity....

Read more

News

Energy Ventures Participates on TIE Houston Energy SIG Panel

Energy Ventures senior partner and Houston president Jim Sledzik was recently a featured panelist at the inaugural TIE Houston (The Indus Entrepreneurs) Energy Special Interest Group event. Entitled “Innovating in the Oil and Gas Industry:...

Read more

News

Jim Sledzik Presents at 5th Annual Norwegian Finance Day

Energy Ventures senior partner and Houston office president Jim Sledzik recently presented at the 5th Annual Norwegian Finance Day, held at the Federal Reserve Bank in Houston. Hosted by the Royal Norwegian Consulate, the event included an update...

Read more

News

Oil Search Limited Concludes Seismic Survey Using Wireless Seismic RT System 2

Oil Search Limited and Wireless Seismic, Inc. announced today that in December 2014, following seven months on continuous operations, Asian Oilfield Services Limited (ASIAN) has completed a large 3D seismic survey over the Taza Block in the...

Read more

News

ProSep Launches Offshore Joint Industry Project with Qatar Petroleum & Petroleum Development Oman

Houston-headquartered ProSep, the oil, gas and water treatment specialist, has launched an Industry Technology Facilitator (ITF) joint industry project (JIP) with Qatar Petroleum and Petroleum Development Oman. The 12 month project, which...

Read more

News

ARKeX Featured in E&P Article

In a recent aricle, E&P Executive Editor Rhonda Duey interviews Jim White from ARKeX about East Coast US exploration using FTG. The article discusses how FTG data can help oil and gas companies, seismic contractors and governments target...

Read more

News

Energy Ventures Invests in Exploration Analytics Specialist Hannon Westwood

Energy Ventures, a leading private equity firm dedicated to funding high growth energy companies, has committed to a £10million investment into exploration research & analytics firm Hannon Westwood. Tomas Hvamb, with Energy Ventures in...

Read more

News

Energy Ventures Names Rune Jensen and Per Arne Jensen Newest Senior Partners

Energy Ventures, an independent private equity firm focusing on innovative upstream technology companies with strong growth potential, announced the addition of its newest senior partners, Rune Jensen and Per Arne Jensen. In their roles, both...

Read more

News

Energy Ventures and ProSep Participate in Roundtable Discussion on Oil Price

Energy Ventures investment director Kristian Lier, ProSep CEO Neil Poxon and CFO Mahesh Konduru joined Graeme Lewis of Air Energi in a rountable discussion centered on the falling oil price and its effect on producers, operators and service...

Read more

News

Ziebel Featured in Journal of Petroleum Technology

Ziebel was recently featured in the January issue of the Journal of Petroleum Technology. The article addresses some of the new intervention applications enabled by Distributed Fiber Optic technologies. The article highlights how Ziebel’s carbon...

Read more

News

Deep Casing Tools Opens Office in UAE

Deep Casing Tools has established a new branch office in the Jebel Ali Free Zone (JAFZA) area in the United Arab Emirates.  Local sales and operational services have contributed to the company’s success and the establishment of a new regional...

Read more

News

ProSep Launches New Marketing Campaign

Amidst low oil prices, ProSep, the industry-leading provider of integrated process separation solutions to the global oil and gas industry, has launched a new marketing campaign to demonstrate their value in helping companies maximize production....

Read more

News

DWC Changes Name to FourPhase

DWC AS has officially changed its name to FourPhase AS. The impetus behind the name change is clear: the oil and gas industry has three well known phases – oil, gas and water. FourPhase focuses on the fourth phase – solids – where they have...

Read more

News

Energy Ventures Sells 2TD to Nabors Industries

Energy Ventures, a private equity firm dedicated to funding high-growth E&P technology companies, has successfully sold 2TD to Nabors Industries, one of the industry’s leading service companies, for $40 million USD. This sale marks the...

Read more

News

Energy Ventures Named Most Prolific E&P Technology Investor

In a report issued by Lux Research, Energy Ventures has been named the “most prolific investor in E&P technology”. The report cites that new exploration and production technologies have attracted $7 billion in funding since 2003 and...

Read more

News

ARKeX Commence FTG Survey in Niger Desert

ARKeX, the geophysical services provider, have commenced an airborne Full Tensor Gravity Gradiometry (FTG) survey for Savannah Petroleum, the Niger focused oil & gas company, over its R1/R2 license. The survey covers the blocks in the Agadem...

Read more

News

Zilift and Magnomatics Announce Exclusive Partnership

Zilift and Magnomatics have signed an exclusive licensing deal for artificial lift applications in the oil and gas industry. The agreement provides Zilift with exclusive access to Magnomatics’ magnet technologies across the whole downhole oil and...

Read more

News

Deep Casing Tools Awarded Statoil Frame Agreement

Deep Casing Tools is pleased to announce the signing of a frame agreement with Statoil Petroleum AS. The contract covers the supply of Deep Casing Tools’ revolutionary drillable casing and liner reamer technology, including its high-speed,...

Read more

News

Fotech to Demonstrate DAS for Oil & Gas at Shale Gas World Europe

Fotech Solutions, the linear asset monitoring technology specialists, will be exhibiting at Shale Gas World Europe on 25th-26th November in Warsaw, Poland. Fotech will be presenting how its Distributed Acoustic Sensing (DAS) technology can help...

Read more

News

International Expansion for Well Integrity Evaluation Specialist READ Cased Hole

Aberdeen-based production and integrity evaluation specialist READ Cased Hole is expanding its footprint in the international oil and gas sector through an ambitious strategy to deliver significant growth and develop innovative new solutions for its...

Read more

News

Asian Oilfield Services Ltd. and Wireless Seismic, Inc. Announce Seismic Acquisition Success in Kurdistan

Asian Oilfield Services Limited (ASIAN) and Wireless Seismic, Inc. announced today that over the past six months, ASIAN has continuously operated a large-scale seismic crew that has deployed over 13,000 channels of Wireless Seismic’s...

Read more

News

Hat-trick of Innovation Award Wins for Meta

Meta’s patented Metalmorphology technology has scooped its third Innovation Award for the year. The latest win was at the Oil & Gas UK awards, which follows winning the business excellence and the Africa oil and gas awards for Innovation. Over...

Read more

News

LGO Acquires License to ARKeX FTG Survey in Trinidad

LGO has announced that it has agreed to acquire a license to a Full-Tensor Gravity Gradiometry (“FTG”) airborne survey in Trinidad as a multi-client survey by ARKeX. LGO has been a major promoter of the FTG survey...

Read more

News

DeepFlex Selected by RPSEA for Phase 3 of Field Development Supply Project

DeepFlex is proud to announce that RPSEA has awarded Phase 3 of their “Qualification of Flexible Fiber-Reinforced Pipe for 10,000-Foot Water Depths” project. Phase 3 of the project – Field Development Supply – includes field specific...

Read more

News

ffA Forms GeoTeric Research & Development Consortium

In recognition of its growing user base, ffA has formed a GeoTeric Research and Development Consortium that brings together technology focused E&P companies to guide the on-going development of the software. The foundation members of the...

Read more

News

Wireless Seismic Featured in Houston Chronicle

The Houston Chronicle recently featured an article on Wireless Seismic entitled “Wireless system could shake up seismic industry”. The article highlights the company’s method that allows seismic sensors to transmit information in...

Read more

News

Energy Ventures Wins Exit of the Year

Energy Ventures has been awarded “Exit of the Year” by the Norwegian Venture Capital Association for the sale of Cubility to Triton Funds. Click here to read more about the Cubility sale.

Read more

News

Meta Wins Africa Oil & Gas Award for Innovation

Meta’s unique downhole isolation technology, Metalmorphology, and its suite of well isolation products continue to gain recognition in the marketplace. The company recently won the Innovation of the Year Award at the 2014 Africa Oil & Gas...

Read more

News

Wireless Seismic Announces Hybrid Radio Telemetry Capability with RT System 2

Wireless Seismic, Inc. today announced the addition of a robust Hybrid Radio Telemetry system to its market-leading RT System 2 real-time wireless seismic data acquisition system. The Hybrid Radio Telemetry system enables your seismic data...

Read more

News

A Message from Energy Ventures – October 2014

There has been a lot of activity in an around our firm and, as co-managing partners, we would like to take this opportunity to update you on recent achievements. We are pleased to start things off on a very high note by announcing that Energy...

Read more

News

Zilift Advances Downhole Electrical Machine Design

Zilift Ltd. has made further investment into assembly line equipment and is increasing staff numbers in both its UK and US bases in response to early demand for the technology firm’s TorqueDrive™ innovation. Substantial product orders have been...

Read more

News

OsComp Featured in Natural Gas Intelligence

Natural Gas Intelligence (NGI) has featured OsComp in a recent article entitled “CNG Firm Sees Market in Bakken Flared Gas”. The article highlights how OsComp is moving into the Williston Basin to turn Bakken Shale flared natural gas...

Read more

News

Jim Sledzik Delivers Rice Alliance Keynote Presentation

Senior Partner and Houston office President Jim Sledzik delivered the morning keynote presentation during the 12th Annual Rice Alliance Energy and Clean Technology Venture Forum. His presentation centered on how a person’s background and...

Read more

News

ProSep Appoints General Manager for Middle East

Houston headquartered oil, gas and water treatment specialist, ProSep has appointed a General Manger for the Middle East as it plans for significant growth in the region. Ryan McPherson joins the company from the Industry Technology Facilitator...

Read more

News

Visit Abrado at the SPE Deepwater Drilling Conference – Sept. 10-11

Abrado Wellbore Services will be exhibiting at the SPE Deepwater Drilling Conference taking place in Galveston, TX on September 10th and 11th. Visit Abrado in booth #205 to learn more about how their portfolio of tools, chemicals and engineering...

Read more

News

ARKeX Upgrade FTG Aircraft Fleet

ARKeX, the geophysical services provider, has added a new De Havilland Twin Otter aircraft to its fleet of Full Tensor Gravity Gradiometry (FTG) survey aircraft. Now ARKeX’s entire fleet is made up of twin engine aircraft. “The delivery of this...

Read more

News

Visit Ingrain at URTeC 2014

Digital rock physics lab Ingrain will be exhibiting at the 2014 Unconventional Resources Technology Conference being held in Denver, CO from August 25-27. Tuesday, August 26: Learn more about Ingrain as Halcon Resources presents a technical paper...

Read more

News

Energy Ventures Featured in Oil & Gas Monitor

Energy Ventures Partner, Shantanu Agarwal, and Project Manager, Emily Bernard, recently co-authored an article for Oil & Gas Monitor. Entitled “Jack vs. The Giant: Does Bigger Really Mean Better?” the article highlights how new...

Read more

News

Wireless Seismic Featured in American Oil & Gas Reporter

Wireless Seismic founder Doug Crice recently contributed an article to the July issue of American Oil & Gas Reporter. Entitled “Wireless Seismic Capabilities Advance”, the article discusses the historical advances in 3-D cable-free...

Read more

News

ProSep’s ProSalt System Produces Impressive Results for Saudi Aramco

Houston-based oil, gas and water process separation specialist, ProSep, has been awarded a contract to supply of one of its patented ProSalt units to Saudi Aramco in the Arab Gulf region. The 20″ ProSalt™ wash water injection and mixing system...

Read more

News

ffA Case Study: Prospect Validation Using Geological Expression in an Existing Gas Discovery

ffA recently introduced a compelling case study at the 2014 EAGE conference in Amsterdam in conjunction with SASOL. This study attempts to gain a better insight into the controls on an under-saturated gas discovery, offshore Mozambique, using...

Read more

News

DeepFlex Partners with Offshore Inland to Create 200 Jobs in Pensacola

Energy Ventures portfolio company DeepFlex has partnered with Offshore Inland to build a manufacturing plant at the Port of Pensacola that is slated to create 200 jobs and bring $52 million in capital investment to the city. The facilities will...

Read more

News

Meta Winners of Innovation at the Grampian Awards for Business Excellence

Meta has been crowned the winners of innovation at the 2014 Grampain Awards for Business Excellence. The Aberdeen-based awards acknowledge entrepreneurial companies and individuals that are capable of leading the future prosperity of Grampian....

Read more

News

ProSep Opens to 3rd Party Manufacturing & Appoints New General Manager

Houston headquartered oil, gas and water treatment specialist, ProSep has launched a new manufacturing service for third party clients at its purpose-built fabrication facility on Clara Road. ProSep has the capability to construct large structural...

Read more

News

ffA and IMP Sign Agreement to Develop Geological Expression Based Shale Workflows

ffA announced the signing of a multi-year Technical Assistance Agreement with the Instituto Mexicano del Petróleo (IMP) for the provision of its GeoTeric software and associated Geological Expression Consulting Services to be delivered as part of...

Read more

News

Ziebel to Conduct US Fibre Optic Sensing Campaign for ConocoPhillips

Ziebel AS, a Stavanger-based provider of specialist well intervention services for the oil and gas industry, announced that it has reached an agreement with ConocoPhillips to provide distributed fiber optic (DFO) intervention services in the...

Read more

News

Wireless Seismic, Inc. and Geopartner Announce Purchase of RT System 2

Wireless Seismic, Inc., the leading innovator of real-time and cable-free seismic data acquisition systems for the oil and gas industry, announced today the purchase of its RT System 2 seismic data acquisition system by Geopartner Sp. z...

Read more

News

ARKeX Launches XField Plugin for Petrel

ARKeX recently launched their XField plug-in for the Petrel E&P Software Platform. XField was developed to enable seismic interpreters to use gravity and magnetic data without requiring specialized training. The software is fully certified and...

Read more

News

Energy Ventures Hires Matt Anstead as Investment Director

Energy Ventures has announced the hire of its newest investment director, Matt Anstead. In his role, Matt will provide strategic input to the firm’s current portfolio in addition to supporting the execution of new investment opportunities on...

Read more

News

Energy Ventures Enhances Global Operating Partner Network

Energy Ventures, an independent private equity firm dedicated to funding high-growth upstream oil and gas technology companies, announced today that it has added Saad Bargach and Desmond Kong as Operating Partners to its global network. As part of...

Read more

News

Oxane Materials Featured in Rigzone

Following the release of its newest ceramic proppant, OxThor, Oxane Materials was featured in a Rigzone article highlighting how growing operator interest in the deep-water Gulf of Mexico has ignited a need for advanced proppants that can enhance...

Read more

News

ProSep Awarded Contract for Shell Canada’s Carmon Creek Project

ProSep, the Houston headquartered oil, gas and water process separation specialist has been awarded the contract with Shell Canada for a comprehensive oil treatment solution consisting of the design and packaging of 12 large oil treatment vessels....

Read more

News

Energy Ventures Portfolio Companies at OTC

Several Energy Ventures portfolio companies will be exhibiting at OTC this week. Stop by their booths to learn more about their game-changing oilfield technologies! 2TD – booth 5241 Ziebel – booth 5241 PanGeo – booth 1633 ProSep – booth 725...

Read more

News

Jim Sledzik Featured on OTC Panel Session – May 7th

Energy Ventures Houston office President and Partner, Jim Sledzik, will be a panelist on an OTC special session this Wednesday, May 7th. The session, entitled “Funding New E&P Technologies” will be held at 2:30 PM in Room 306. A...

Read more

News

Deep Casing Tools Beats Manufacturing Record

Deep Casing Tools has already exceeded the manufacturing output of 2013 within the first quarter of this year. Deep Casing Tools provides a range of innovative tools designed to land casing and completions at target depth within oil or gas wells....

Read more

News

ARKeX Recommence SE Barents Sea FTG Survey

ARKeX has recommenced acquiring a Multi-Client Full Tensor Gravity Gradiometry (FTG) survey within the South Eastern Barents Sea. The survey, started last year but postponed due to weather, will cover 42,784 Sq. km over the proposed NPD licencing...

Read more

News

A Message from Ole Melberg – April 2014

As we close the first quarter of 2014, there has been a lot of activity in and around Energy Ventures. We proudly announced the sale of Cubility at the start of April, marking our sixteenth exit since inception. Alongside this proud milestone, we...

Read more

News

Continued Global Growth Drives ffA Expansion

ffA opens two new regional offices in Kuala Lumpur and Perth and appoints Jan Grimnes as Chairman of the Board. In support of ffA’s rapid growth and expansion it has opened two further regional offices. These are in Kuala Lumpur, Malaysia and in...

Read more

News

Energy Ventures Invests in DWC

Energy Ventures has co-invested alongside Epi-V in oil & gas production enhancement specialists Dynamic Well Cyclone (DWC). The funding will support the development and commercialization of DWC’s innovative desander system technology in...

Read more

News

ARKeX Awarded FTG Survey in Honduras for BG Group

ARKeX announced today that it had been awarded a contract by BG Group to undertake a Full Tensor Gravity Gradiometry (FTG) survey over BG’s offshore Honduras acreage. The airborne survey encompasses all of BG’s recently awarded block (approx....

Read more

News

Oxane Materials Announces Stronger, Lighter OxThor™ For Demanding Deepwater Applications

Oxane Materials, a Houston-based marketer and manufacturer of Advanced Ceramic Proppant®, today announced OxThor™, a highly conductive, stronger, lighter proppant focused on high value, technologically-demanding Deepwater applications....

Read more

News

Ingrain to Present at AAPG ACE 2014

Digital rock physics company Ingrain will be at the 2014 AAPG ACE event in Houston, TX. Joel Walls will be presenting a technical paper entitled.”Comparison of Reservoir Quality from La Luna, Gacheta and Eagle Ford Shale Formations”....

Read more

News

Triton Funds Acquire Cubility

Funds advised by Triton (“Triton”) have entered into an agreement to acquire Cubility AS (“Cubility”), a Norwegian oil services company with unique technology to meet the needs of the next generation of drilling operations, from Energy...

Read more

News

ffA Releases GeoTeric 2014.1

ffA has announced the release of GeoTeric 2014.1, another major step in the evolution of its GeoTeric® suite.  With the 2014.1 release, GeoTeric workflows are even more holistic and better integrated allowing interpreters to complete more of their...

Read more

News

DeepFlex to Exhibit at OTC Asia 2014

DeepFlex will be an exhibitor at the upcoming 2014 Offshore Technology Conference Asia. The conference takes place March 25-28 and will be held in Kuala Lumpur, Malaysia. DeepFlex will be located in Hall 7.

Read more

News

Ingrain Launches Portuguese-language Website

In an effort to continue to expand in the rapidly growing oil and gas market in Brasil, Ingrain recently launched a Portuguese version of their corporate website. The main focus of the new site is to provide Portuguese speaking users with ready...

Read more

News

Oxane Featured in Houston Business Journal

Oxane Materials was recently featured in a Houston Business Journal article entitled “Houston energy tech companies secure new expansion funds”. Oxane’s President Chris Coker is quoted in the article that discusses the success of...

Read more

News

Cubility Featured in Rigzone

Cubility has been featured in a Rigzone.com article entitled “MudCube Offers Breakthrough in Drilling Fluids Technology”. The article discusses Cubility’s advanced shaker technology, the MudCube, a system for treating drilling...

Read more

News

ARKeX Appoints New President

ARKeX has announced today that it has appointed Jim White as President.  Jim is a seasoned professional within the geophysics industry having previously worked in senior positions at WesternGeco, Trace Energy Services, Geokinetics, FT Seismic...

Read more

News

Abrado Exhibiting at 2014 IADC/SPE Drilling Conference

  Abrado Wellbore Services will be exhibiting at the upcoming IADC/SPE Drilling Conference & Exhibition, taking place March 4-6 in Fort Worth, TX.  The company will be showcasing a number of products, including their Mud...

Read more

News

Oxane Materials Names Clay Border VP of Sales

Oxane Materials, a Houston-based marketer and manufacturer of Advanced Ceramic Proppant™, today announced the addition of Clay Border as Vice President of Sales. In his role, Border will lead Oxane’s sales team with a sharp focus on their...

Read more

News

Meta Triples Production in Norwegian Well for Major Operator

  Meta, the premium downhole isolation company offering complete integrity across the life of the well, has successfully completed three contracts for a major Norwegian North Sea operator with its Meta Casing Reconnect™. Following the success...

Read more

News

Deep Casing Tools Sets New Record in Saudi Arabia

Deep Casing Tools, which has a range of innovative tools designed to land casing and completions at target depth within oil or gas wells, has set a new world record in Saudi Arabia for the longest tool run. The turbine powered reaming capability of...

Read more

News

Zilift Featured in Harold Scotland Business Profile

The Herald Scotland recently featured a business report on Zilift highlighting the company’s proprietary artificial lift technology and support from Scottish Enterprise. Click here to read the full profile.

Read more

News

Oxane Materials Names Dr. Stephen Holditch as Chairman of the Board

Oxane Materials, a Houston-based marketer and manufacturer of Advanced Ceramic Proppant™, has named Dr. Stephen Holditch its Chairman of the Board of Directors. In his role, Dr. Holditch will play a critical role in the growth, strategic direction...

Read more

News

PWA-ProSep Secures New Contracts Worth Over $10 million

  Houston headquartered oil, gas and water treatment specialist, PWA-ProSep has secured contracts worth $10.5million this year for technologies to be delivered to clients operating in Africa, Norway, Malaysia, South America and the USA. The...

Read more

News

READ Cased Hole Appoints New CEO

READ Cased Hole, the North Sea well integrity logging specialist, has appointed Roy Martin as CEO as he spearheads an ambitious growth plan which will take the company’s specialist services and technical innovations to a wider global network. With...

Read more

News

ConocoPhillips and Chevron Contribute to Ziebel Funding Round

  Ziebel, a Stavanger-based provider of specialist well intervention services to the oil and gas industry, announced today that it has closed a round of growth capital raising US$ 10 million. The funding was secured from lead investor...

Read more

News

Meta Presenting Technical Paper at IPTC 2014

  Mike Jones, Operations Manager for Meta in Aberdeen, will be presenting a technical paper at the upcoming International Petroleum Technical Conference, taking place January 19-22 in Doha, Qatar. The paper is entitled “Clad Through Clad:...

Read more

News

PWA-ProSep to Provide NOC with Desalting Technology

PWA-ProSep announced it was awarded a contract for the supply of one of its patented ProSalt™ units, valued at $352,000 to a major National Oil Company in the Arab Gulf region. The 20″ ProSalt wash water injection and mixing valve will be...

Read more

News

Turbocaser™ Express Tools Enable Bonavista Energy to Land Casings at First Attempt

Deep Casing Tools, which has a range of innovative tools designed to land casing and completions at target depth within oil or gas wells, has achieved significant sales growth success in western Canada during 2013. The 7” Turbocaser™ Express...

Read more

News

Wireless Seismic Article Featured in First Break

Wireless Seismic’s Doug Crice recently contributed an article to the January edition of the European Association of Geoscientists and Engineers’ (EAGE) publication First Break. Entitled “A cable-free land seismic system that...

Read more