Tag: funding
Amplified Industries Emerges from Stealth With $10 Million Funding and a...
Amplified Industries (formerly Acoustic Wells), a pioneering industrial Internet of Things (IoT) solution, announced its official launch from stealth with an in-market solution and $10 million in funding.
Industrial Data Labs Raises $1.5 Million in Seed Round to Drive...
Industrial Data Labs, a Houston, TX-based startup specializing in Applied AI technology for the Pipe, Valve, Fitting, and Flange (PVF) industry, is pleased to announce the successful closing of its Seed Round, securing $1.5 million in funding.
BP Commits $100 Million to Emission Reduction Projects
BP announced that it has created a $100 million fund for projects that will deliver new greenhouse gas (GHG) emissions reductions in its upstream oil and gas operations.
Integrated biorefinery projects announced by DOE
US Secretary of Energy, Rick Perry, has announced that the Department of Energy (DOE) has selected eight projects to negotiate for up to USD $15 million in total DOE funding to optimize integrated biorefineries.
Alberta receives funding for oil & gas services
The Petroleum Services Association of Canada (PSAC) has announced that the federal government will provide a one-time payment of CAD $30 million to the Government of Alberta to support provincial actions that will stimulate economic activity and employment in Alberta’s resource sector.
Spartan Controls to fund oilsands research
Alberta-based oilpatch supplier Spartan Controls, in conjunction with Emerson Process Management, recently committed to five years of funding for oilsands research at the University of Alberta’s faculty of engineering.
Zahroof secures funding from Saudi Aramco
Houston, Texas-based Zahroof Valves Inc. (ZVI), recently announced it has secured Series C funding led by Saudi Aramco Energy Ventures (SAEV), the corporate venturing arm of energy enterprise, Saudi Aramco.
DOE to fund for CO2 subsurface tech
The United States Department of Energy National Energy Technology Laboratory (NETL) has made a Funding Opportunity Announcement (FOA) for subsurface monitoring technological advancements that will facilitate the injection and storage of CO2.