BP

BP is a global energy company engaged in the exploration, production, refining, and marketing of oil, gas, and renewable energy solutions. The company operates across multiple segments of the energy sector, with upstream activities focusing on the global exploration and production of oil and natural gas resources. Its downstream operations refine crude oil into various petroleum products, which are then marketed to customers worldwide. BP also trades energy commodities and provides shipping services to support the distribution of its products. In line with its commitment to sustainability, BP has significantly increased its investments in renewable energy sources such as wind, solar, and biofuels, reflecting its strategic focus on adapting to changing energy demands while pursuing a transition to a low-carbon future.

Felipe Arbelaez

Senior Vice President Zero Carbon Energy

Claire Farrant

VP Mobility and Convenience Europe

JO HAYWARD

VP for convenience in Europe and global convenience strategy and proposition lead at BP

Louise Kingham

SVP for Europe and UK Head of Country

Geoff Morrell

Executive Vice President communications and advocacy

Doris Reiter

Senior Vice President

Johnathan Stone

Venture Principal

Past deals in Oil and Gas Transportation

Gasrec

Venture Round in 2021
Gasrec is a major provider of biomethane and low-emission natural gas to the transportation industry. They provide, construct, and run refueling stations for road cars using natural gas and biogas. They offer both customer-specific and open-access gas stations, as well as fleet solutions that boost economic and emission performance.

Cold Bore

Venture Round in 2021
Cold Bore Technology is a data acquisition service, specializing in digital downhole acoustic monitoring, the digitization of the surface frac spread, and digital adjacent well monitoring. It provides a digital twin visible on handheld devices on location and real-time access to frac data back at the headquarters. The company was founded in 2013 and is headquartered in Calgary, Alberta.

Thorntons

Acquisition in 2021
Thorntons Inc. is one of the leading independent gasoline and convenience chain retailers in the U.S.
Blue Ocean Seismic Services is an oil and energy company that specializes in low cost and reduced carbon emission ocean bottom seismic acquisition. The company uses swarms of long-endurance autonomous self-repositioning nodes to collect high-quality OBS data whilst reducing carbon emissions, HSSE risks, survey duration, and cost. It was founded in 2019 and headquartered in Farnborough, England.

Satelytics

Venture Round in 2020
Satelytics is a cloud-based geospatial analytics software suite built to analyze terabytes of imagery to produce actionable insights. We specifically focus on providing timely, actionable alerts to our industrial customers in the oil & gas, power, mining, and water/wastewater sectors. Customers employ these alerts to direct field teams to act on operational anomalies before those anomalies cause extensive environmental damage and before they result in additional operational costs. Satelytics ingests multispectral or hyperspectral imagery gathered from satellites, aerial platforms, or fixed cameras, then processes these large data sets with algorithms designed to hunt for specific spectral signatures that indicate a problem.

Xpansiv

Venture Round in 2020
Xpansiv ingests data sourced from each commodity’s lifecycle and converts it into intelligent commodities and digital assets. It serves as a global market infrastructure for registering, managing, trading, settling, retiring, analyzing, and reporting an infinite array of data-driven environmental commodities in an intuitive, user-friendly environment.

Xpansiv

Series A in 2019
Xpansiv ingests data sourced from each commodity’s lifecycle and converts it into intelligent commodities and digital assets. It serves as a global market infrastructure for registering, managing, trading, settling, retiring, analyzing, and reporting an infinite array of data-driven environmental commodities in an intuitive, user-friendly environment.

Fotech

Acquisition in 2017
Fotech, which is headed by Chief Executive Douglas Gibson, is developing optical fibre-based acoustic monitoring systems with a wide range of applications. These include applications for the oil and gas industry, which requires high-performance systems to detect pipeline leaks and other problems.

Xpansiv

Seed Round in 2017
Xpansiv ingests data sourced from each commodity’s lifecycle and converts it into intelligent commodities and digital assets. It serves as a global market infrastructure for registering, managing, trading, settling, retiring, analyzing, and reporting an infinite array of data-driven environmental commodities in an intuitive, user-friendly environment.

BiSN

Venture Round in 2017
BiSN is a manufacturer of innovative metal-to-metal downhole sealing solutions tailored for the oil and gas industry. The company addresses the limitations of traditional methods, such as bridge plugs and cement, by offering advanced products that create gas-tight and airtight seals. BiSN’s cutting-edge technology includes a chemical reaction heater that enhances the effectiveness of its sealing solutions, enabling applications that were previously deemed impossible. This approach allows oil production companies to manage well abandonment challenges more efficiently and cost-effectively.

Fulcrum BioEnergy

Venture Round in 2016
Fulcrum Bioenergy converts household garbage into low-carbon transportation fuels, including jet fuel, diesel, and ethanol. The company aims to create a clean, low-cost, and sustainable source of domestic transportation fuel. Their approach relies on an abundant and renewable feedstock: municipal solid waste. Using a proven thermochemical process to convert municipal solid waste into ethanol, Fulcrum is leading the next generation of ethanol production. In 2007, E. James Macias and Jim McDermott established the company in Pleasanton, California.

Liquid Light

Series B in 2014
Liquid Light is the developer of technology that allows the efficient conversion of carbon dioxide to a wide variety of chemicals, fuels, and other compounds. Their patent-pending electrocatalytic platform leverages low-cost inputs with long-term pricing predictability and secure, domestic sources of energy to convert an industrial waste into a source of revenue.

Biosynthetic Technologies

Venture Round in 2014
Biosynthetic Technologies manufactures bio-based synthetic molecules that are made from organic fatty acids found in plant oils. These highly-functional biosynthetic oils have numerous uses in the lubricant, chemical, and cosmetics industries, often outperforming their petroleum counterparts in similar applications. In addition to their high-performance properties, these renewable oils are biodegradable and nontoxic. Finally, BT holds a broad portfolio of issued and pending patents protecting these novel biosynthetic oils. It was founded in 2006 and headquartered in Irvine, California.

Fotech

Venture Round in 2013
Fotech, which is headed by Chief Executive Douglas Gibson, is developing optical fibre-based acoustic monitoring systems with a wide range of applications. These include applications for the oil and gas industry, which requires high-performance systems to detect pipeline leaks and other problems.

XACT Downhole Telemetry

Venture Round in 2013
With offices in Houston, Texas, U.S.A. and Calgary, Alberta, Canada, XACT Downhole Telemetry is an industry-recognized leader in the delivery of real-time downhole data, specializing in the most challenging well construction environments. Their primary objectives are to improve safety and efficiency while reducing costs and risk for oil & gas operators. They do this by informing them of the conditions along the entire wellbore in real-time through the deployment of high-bandwidth, low-complexity acoustic telemetry solutions. XACT is an organization guided top-to-bottom by their principles, not least of which is an unwavering commitment to the safety of both your personnel as well as their own. XACT reduces risk and improves efficiency for oil & gas operators, by enabling them to solve their most complex well construction problems. Through the deployment of their proprietary Acoustic Telemetry Network, they enhance understanding of the conditions along the entire well bore in almost any operating environment, in real time. They collaborate with you to develop innovative downhole data driven solutions to solve complex well problems utilizing acoustic telemetry systems that are easy to deploy and transparent to rig operations. As an organization they’re committed to the delivery of high-quality services by their skilled and experienced team, with the safety of their employees and those around us always coming first.

Liquid Light

Series A in 2011
Liquid Light is the developer of technology that allows the efficient conversion of carbon dioxide to a wide variety of chemicals, fuels, and other compounds. Their patent-pending electrocatalytic platform leverages low-cost inputs with long-term pricing predictability and secure, domestic sources of energy to convert an industrial waste into a source of revenue.

Veba Oel AG

Acquisition in 2001
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.

LevelSeas

Venture Round in 2000
LevelSeas.com will be the leading global marketplace for buying, selling and managing bulk ocean transportation.Their services will provide the industry with the comprehensive information, the trading platform and the tools to streamline chartering from start to finish. They have the backing of leading participants in the ocean transportation industry, and a seasoned team of professionals. If you'd like to stay up to date on their progress, please click here to register.

Arco Indonesia

Acquisition in 2000
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.

Altra Energy Technologies

Venture Round in 2000
Altra Energy Technologies, Inc. along with its subsidiaries, is the leading provider of business-to-business e-commerce products and services to the energy market. Altra operates Altrade, a real-time, anonymous electronic marketplace where customers meet on-line to trade natural gas, crude oil, natural gas liquids and power. Altra is also the worldwide leader in energy transaction management systems, which its customers use for risk management, physical delivery and financial settlement in their energy trading operations. These systems allow for seamless, electronic integration between deal capture, portfolio monitoring, physical scheduling and back-office reconciliation of completed transactions. With over 6,000 users around the globe, more energy is bought, sold and transported through Altra systems than any other technology worldwide.

Standard Oil of Ohio

Acquisition in 1978
Standard Oil of Ohio or Sohio was an American oil company, and the earliest component of the original Standard Oil company.
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