TechX Pioneer Programme Funds Ten Start-Ups

Autonomous underwater swarm robots and micro-polymers designed to reinstate well integrity, are just some of the new technologies that have secured funding through the Oil & Gas Technology Centre’s TechX Pioneer Accelerator Programme.

Nearly 200 applications from over 35 countries were received this year, with strong representation from the UK, US and Canada, covering both oil and gas and cleantech solutions that will support the industry to maximise economic recovery and the transition to a low carbon economy.

Ten start-ups will get up to £100,000 to develop their business and technology as part of an intensive 16-week accelerator programme that includes expert mentors, development partners and deep access to the industry.

After graduating, Pioneers have the opportunity to join a 12-month incubator called TechX+, with two companies awarded an additional share in £130,000 funding from strategic partner, BP.

All funding is provided with no equity or payback, and intellectual property is retained by the Pioneer – a distinctive approach that sets TechX apart from other global accelerator programmes.

David Millar, TechX Director said: “The quality of applications was exceptional and it’s been challenging to shortlist from such a strong field. We’ve selected the top 5% from a global pool to join our Pioneer Programme. We’ve also taken a huge amount of learning from the first cohort and reflected this in a simpler but more rigorous selection process, ensuring the right balance of technology, skills and ambition.

“The 10 Pioneers we’ve chosen truly embrace these qualities and we look forward to helping them achieve their full potential and deliver clear value to the UK Continental Shelf and beyond.

The 10 tech start-ups that have landed a place on accelerator are: Vita Inclinata Technologies, Resolute Energy Solutions, Sedwell Limited, Hydromea, Mocean Energy, Sentinel Subsea, The Big Swing Company, Print3dWell, Green Mesa, AI Exploration.

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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