BP Ventures

Oxford Flow designs, manufactures, and supplies pressure control equipment, including gas and fluid pressure regulators, water PRVs, silencers, and pilots, serving water, gas, marine, oil and gas, process, power, building services, and specialty applications. The company develops small, light, and reliable conventional valves that simplify systems and ensure continual potable water supplies while meeting standards for water quality and leakage control. It combines academic and industry expertise to develop practical, rigorously tested solutions that perform under harsh conditions, aiming to reduce total cost of ownership and environmental impact while improving reliability and energy efficiency. Based in Oxford, United Kingdom.

X Convenience is a family-owned business based in Mile End, Australia, specializing in the operation of service stations. The company provides quality fuel and a range of convenience goods, including food items such as burgers and coffee. With a commitment to customer satisfaction, X Convenience aims to meet the everyday needs of its clientele by offering high-quality products in a convenient setting.

Flylogix specializes in the development of advanced unmanned aircraft designed for efficient operations in remote environments. The company offers full-service over-horizon capabilities that enable the delivery of essential business information from challenging locations. Its range of services includes maritime surveillance, oil spill response, airspace management, methane emissions monitoring, and unmanned logistics. By leveraging these technologies, Flylogix aids organizations in transforming their remote operations, reducing carbon emissions, enhancing safety, and implementing cost-effective solutions.

Cold Bore Technology Inc. is a Calgary-based company that specializes in developing down-hole sonic communication tools for the directional drilling industry in the oil and gas sector. Founded in 2012, it offers innovative solutions for data acquisition and monitoring, including digital downhole acoustic monitoring and the digitization of surface operations. Cold Bore's products, marketed under the SmartPAD brand, provide real-time access to completion operations data, enabling clients to visualize and manage workflows effectively. The company's proprietary acoustic technology transmits information from the drill bit to the surface, creating a digital representation of the well environment that can be accessed on handheld devices. This advanced capability facilitates enhanced decision-making and operational efficiency in the completion process.

Thorntons Inc. is a prominent independent retailer of gasoline and convenience store products, operating gas stations across Illinois, Indiana, Kentucky, Ohio, and Tennessee. Founded in 1971 and headquartered in Louisville, Kentucky, the company was previously known as Thornton Oil Corporation before rebranding in March 2003. Thorntons Inc. is a joint venture between BP p.l.c. and ArcLight Capital Partners, LLC, and has established itself as a significant player in the U.S. market for fuel and convenience items.

Blue Ocean Seismic Services Ltd. is a UK-based company specializing in innovative ocean bottom seismic data acquisition through the development of autonomous submarines and self-repositioning nodes. Founded in 2018 and headquartered in Southampton, the company focuses on providing low-cost, efficient solutions that minimize carbon emissions and enhance safety in marine seismic operations. By utilizing swarms of long-endurance autonomous nodes, Blue Ocean Seismic Services collects high-quality seismic data while significantly reducing survey duration and costs. Its technology aims to transform the marine seismic acquisition industry, enabling clients to lower expenses, mitigate risks, and decrease the environmental impact associated with offshore exploration for oil, gas, and carbon storage.

Satelytics Inc. is a Toledo, Ohio-based company that specializes in cloud-based geospatial analytics software. Founded in 2008 and originally known as Blue Water Satellite, the company focuses on analyzing large volumes of satellite and aerial imagery to provide actionable insights for sectors such as oil and gas, power, mining, and water/wastewater. Satelytics employs advanced algorithms to detect specific spectral signatures in the imagery, allowing for real-time monitoring of assets and identification of operational anomalies. Their platform enables clients to monitor facilities for leaks, assess contamination risks, and ensure regulatory compliance, thereby mitigating environmental impacts and reducing operational costs. By delivering timely alerts, Satelytics helps businesses address issues proactively, enhancing their overall efficiency and safety.

Belmont Technology Inc. is a Houston-based company founded in 2017 that specializes in developing a cloud-based geoscience platform for the oil and gas industry. The company is known for its proprietary platform, Sandy, which utilizes physics-based artificial intelligence to make accurate predictions related to subsurface conditions. This technology allows users to generate unlimited predictions at seismic resolution, facilitating the maintenance of ever-evolving models. Belmont Technology's innovative approach has garnered significant recognition within the industry, underscoring its commitment to integrating advanced AI solutions into geoscience applications.

Silicon Microgravity is a Cambridge, United Kingdom based sensor technology company that develops microelectromechanical systems for oil and gas reservoir surveillance and other applications. Its gravity sensors deliver high-sensitivity gravity data and ultra-low-frequency seismic data from boreholes, enabling precise density measurements deep in reservoirs and real-time reservoir management. The technology originated as a Cambridge University spin-out, developed with support from BP and Innovate UK, and has broader uses in navigation and stabilization of intelligent systems across commercial, industrial, and military sectors. The company aims to improve efficiency, reduce costs, and support safety and environmental goals in hydrocarbon production.

Fotech Solutions develops advanced distributed acoustic sensing solutions primarily for the oil and gas, pipeline, and security industries. Based in Church Crookham, United Kingdom, with additional offices in Calgary, Canada, and Houston, Texas, the company offers technologies such as distributed acoustic sensors that provide real-time intelligence to operators. Their LivePIPE system enhances monitoring capabilities using this sensor technology. Fotech Solutions also provides asset surveillance and monitoring solutions, along with interpretive tools that allow engineers to visualize and record activities in real-time. The company operates through a network of international partnerships and was founded in 2006 under the leadership of Chief Executive Douglas Gibson.

BiSN specializes in producing innovative metal-to-metal sealing solutions for the oil and gas industry. The company's flagship product is a revolutionary chemical reaction heater, which significantly enhances downhole sealing capabilities and opens new possibilities for well abandonment and other applications.

Silicon Microgravity is a Cambridge, United Kingdom based sensor technology company that develops microelectromechanical systems for oil and gas reservoir surveillance and other applications. Its gravity sensors deliver high-sensitivity gravity data and ultra-low-frequency seismic data from boreholes, enabling precise density measurements deep in reservoirs and real-time reservoir management. The technology originated as a Cambridge University spin-out, developed with support from BP and Innovate UK, and has broader uses in navigation and stabilization of intelligent systems across commercial, industrial, and military sectors. The company aims to improve efficiency, reduce costs, and support safety and environmental goals in hydrocarbon production.

Saltworks Technologies operates as a water technology company that designs, manufactures and delivers desalination and wastewater treatment plants. It develops turnkey systems including crystallizers, ion exchange membrane products, membrane-stack configurations, and ElectroChem Advanced Electrodialysis for industrial wastewater. The company offers salt splitters, ammonia splitters, and the SaltMaker Evaporator Crystallizer to treat wastewater, brine, and to enable zero liquid discharge. It provides process engineering, operation and finance services. Saltworks serves customers worldwide in industries such as oil and gas, mining, metals processing, agriculture, food and beverage, landfills, and general water remediation, addressing ammonia treatment, leachate, freshwater and brine management, and resource recovery. It emphasizes reducing brine volume, lowering disposal costs, and achieving no liquid discharge through smart design and automation. Founded in 2008 and based in Richmond, Canada.

Fotech Solutions develops advanced distributed acoustic sensing solutions primarily for the oil and gas, pipeline, and security industries. Based in Church Crookham, United Kingdom, with additional offices in Calgary, Canada, and Houston, Texas, the company offers technologies such as distributed acoustic sensors that provide real-time intelligence to operators. Their LivePIPE system enhances monitoring capabilities using this sensor technology. Fotech Solutions also provides asset surveillance and monitoring solutions, along with interpretive tools that allow engineers to visualize and record activities in real-time. The company operates through a network of international partnerships and was founded in 2006 under the leadership of Chief Executive Douglas Gibson.

Taxon Biosciences, Inc. is a biotechnology company focused on developing innovative applications and products for the agriculture, life sciences, and oil and gas sectors. Established in 2000 and headquartered in Tiburon, California, the company leverages proprietary advancements in microbiology, genomics, and informatics to create microbial solutions that enhance various processes. Its offerings include microbes designed to reduce the viscosity of heavy oil, improve residual oil recovery, and facilitate coal-to-methane conversion. Additionally, Taxon Biosciences develops specific assays for propane-utilizing microbes and provides customized microbial sets for biochemical transformations in subsurface environments. The company's products are utilized for heavy oil upgrading, coal bed methane extraction, enhanced oil recovery, crop yield optimization, and applications in biotechnology and pharmaceuticals.

XACT Downhole Telemetry Inc. is a leader in real-time downhole data solutions, specializing in challenging well construction environments for the oil and gas industry. Founded in 2004 and headquartered in Calgary, Canada, with an additional office in Houston, Texas, the company focuses on improving safety and efficiency while reducing costs and risks for operators. XACT's proprietary acoustic technology platform utilizes drill string and production tubing for data transmission, employing sound waves to facilitate a wireless communication system. This enables operators to access crucial information about well conditions throughout the drilling, completion, and production lifecycle. By deploying their Acoustic Telemetry Network, XACT enhances operational understanding and collaborates with clients to develop tailored data-driven solutions to address complex well construction challenges. As of September 2018, XACT Downhole Telemetry Inc. became a subsidiary of Baker Hughes, a GE company.

Veba Oel AG engages in the exploration and production of crude oil and natural gas, the processing of crude oil and the marketing of the finished products, consisting essentially of motor fuels, heating oils, chemical feedstock and plastics.

ARCO offers oil and gas extraction, exploration, and production services in the Midcontinent and offshore Gulf of Mexico in the United States, and internationally in the United Kingdom North Sea, Indonesia, China, and Algeria.

Solumar is a company focused on developing advanced air and gas filtering technologies aimed at significantly reducing emissions in heavy industries. By employing innovative methods that utilize seawater and principles derived from aviation, Solumar's solutions effectively capture black carbon and greenhouse gas emissions. The company targets various sectors, including city councils, industrial operations, maritime activities, and oil and gas companies, assisting them in complying with environmental regulations and the goals set forth in the Agenda 2050 for emission reductions. Solumar's approach not only promotes sustainability but also offers clients a cost-effective means of achieving their emissions reduction targets.