Aramco

Saudi Aramco is the national oil company of the Kingdom of Saudi Arabia, primarily engaged in the exploration, production, refining, and distribution of oil and gas. It operates globally, providing energy solutions to meet international demand. The company's corporate venture capital arm, Saudi Aramco Energy Ventures, invests in start-ups and high-growth companies that offer technologies of strategic importance, focusing on enhancing reserve management, increasing energy production, and improving operational efficiency. Additionally, Aramco Overseas Company supports its operations outside Saudi Arabia by providing a wide range of services including procurement, logistics, engineering, and finance, with a presence in Europe, Asia, and beyond. This comprehensive approach ensures that Aramco remains a vital player in the global energy market while addressing sustainability and technological advancements in the industry.

Abdullah Albesher

Associate

Tariq Alnahari

Analyst

Michael Hill

Investment Director

Sohail Malik

Investor

Hans Middelthon

Managing Director of SAEV Europe Venture Capital

Bruce Niven

Chief Investment Officer

Mohammad Qatomah

Analyst

Ted Randall

Analyst

Anupam Singh

Investor

Jim Sledzik

Managing Director, North America

Waleed Snobar

Associate

Moodhi Al Tubayyeb

Associate

Iris Wu

Analyst

Past deals in Oil and Gas Transportation

Data Gumbo

Series C in 2022
Data Gumbo Corporation provides a blockchain-based smart contract service. It offers Data Gumbo, a Blockchain-as-a-Service platform that collects the required data, standardizes it for use by the smart contract algorithms, and executes the smart contract on a configurable schedule. The company’s solutions also include Smart Contracts that automates performance-based contracts; creates the commercial Internet; and connect companies with smart contracts. It serves oil and gas industry supply chain clients. Data Gumbo Corporation was founded in 2016 and is based in Houston, Texas with an additional office in Stavanger, Norway.

Data Gumbo

Series B in 2021
Data Gumbo Corporation provides a blockchain-based smart contract service. It offers Data Gumbo, a Blockchain-as-a-Service platform that collects the required data, standardizes it for use by the smart contract algorithms, and executes the smart contract on a configurable schedule. The company’s solutions also include Smart Contracts that automates performance-based contracts; creates the commercial Internet; and connect companies with smart contracts. It serves oil and gas industry supply chain clients. Data Gumbo Corporation was founded in 2016 and is based in Houston, Texas with an additional office in Stavanger, Norway.

Data Gumbo

Series B in 2020
Data Gumbo Corporation provides a blockchain-based smart contract service. It offers Data Gumbo, a Blockchain-as-a-Service platform that collects the required data, standardizes it for use by the smart contract algorithms, and executes the smart contract on a configurable schedule. The company’s solutions also include Smart Contracts that automates performance-based contracts; creates the commercial Internet; and connect companies with smart contracts. It serves oil and gas industry supply chain clients. Data Gumbo Corporation was founded in 2016 and is based in Houston, Texas with an additional office in Stavanger, Norway.

Data Gumbo

Series A in 2019
Data Gumbo Corporation provides a blockchain-based smart contract service. It offers Data Gumbo, a Blockchain-as-a-Service platform that collects the required data, standardizes it for use by the smart contract algorithms, and executes the smart contract on a configurable schedule. The company’s solutions also include Smart Contracts that automates performance-based contracts; creates the commercial Internet; and connect companies with smart contracts. It serves oil and gas industry supply chain clients. Data Gumbo Corporation was founded in 2016 and is based in Houston, Texas with an additional office in Stavanger, Norway.

Well-SENSE

Corporate Round in 2018
Well-SENSE Technology Ltd. specializes in the development of disposable fiber optic systems tailored for the oil and gas industry. Founded in 2015 and based in Aberdeen, United Kingdom, the company offers FiberLine Intervention (FLI) technology, which provides real-time distributed measurements of temperature, pressure, and acoustic data along the length of oil wells. This technology supports various applications, including cement cure qualification, gas lift optimization, and leak detection, enabling clients to effectively monitor and enhance field performance. By delivering high-definition data in real-time, Well-SENSE's systems help extend the operational life of oil fields, maximize productivity, and improve industry practices.

Gryphon Oilfield Solutions

Private Equity Round in 2018
Gryphon Oilfield Solutions, LLC is a manufacturer of tools and equipment designed for the oil and gas field services sector. Established in 2016 and headquartered in Houston, Texas, the company specializes in a range of products including frac sleeves, toe initiation tools, coiled tubing solutions, zonal isolation equipment, liner packers, and casing equipment. Gryphon aims to address the critical challenges of wellbore management by providing innovative completions and casing solutions that enhance operational efficiency and optimize hydrocarbon recovery. The company also operates additional offices in Calgary, Canada, and has expanded its presence with sales and service centers in various locations including Oklahoma, South Texas, East Texas, Midland, Canada, and the U.K. Gryphon is supported by CSL Capital Management, a private equity firm with interests in the energy sector.

CannSeal

Venture Round in 2016
CannSeal AS manufactures epoxy-based sealing solutions and downhole delivery tool for the oil and gas industry. The company was founded in 2007 and is based in Stavanger, Norway. As of November 4, 2020, CannSeal AS operates as a subsidiary of Interwell Norway AS.

Geomec

Venture Round in 2016
Geomec Holding AS, headquartered in Stavanger, Norway, provides specialized services in petroleum geomechanics and safe injection for the oil and gas industry on a global scale. Founded in 2005, the company focuses on well and reservoir problem-solving, addressing issues such as casing collapse, compaction, subsidence, and wellbore stability. Geomec also offers economic and environmental optimization for injection wells, alongside technical publications and educational resources. Their Geomec GeoTool Inject is a monitoring and analysis software that supports subsurface injection operations, including disposal and pressure-support activities. Additionally, the Geomec Injection Center provides technical assistance in field and well planning, operational management, and auditing services, enhancing visibility and control for injection wells while ensuring optimized production, safety, and cost efficiency for oil and gas operators.

Zahroof Valves

Series C in 2016
Zahroof Valves Inc. is a privately owned Texas Corporation, with its HQ in Houston, TX. We manufacture and sell Zahroof Performance Valves (ZPV) based on the patent-protected Modular Reed Valve (MRV) technology. ZPVs deliver major value to customers including 5-15% reduction in compressor power, improved reliability with 2x service interval, improved productivity, lowered inventory, ease of service and lowest cost of ownership.

Siluria Technologies

Series D in 2014
Siluria Technologies is a materials innovation company solving global challenges for partners in the natural gas, chemicals and fuel industries. Integrating nanotechnology, biotechnology and chemical engineering, Siluria has developed a solution to the grand challenge of efficient manufacturing: the ability to produce chemicals and fuels from a cheaper, more abundant resource than oil. The company's economically superior, energy-efficient platform converts natural gas into the same materials manufactured today using current industry infrastructure. Siluria's world-class R&D and engineering teams are rapidly commercializing the company's technology to pilot-scale production in close dialogue with the world's largest chemical and fuel companies.Siluria's backers include Alloy Ventures, ARCH Venture Partners, Kleiner Perkins Caufield & Byers, Altitude Life Science Ventures, Lux Capital, and Presidio Ventures.

InflowControl

Private Equity Round in 2013
InflowControl AS specializes in developing inflow control technology aimed at enhancing recovery and production from oil and gas reservoirs. Established in May 2011 and headquartered in Porsgrunn, Norway, the company is founded and managed by individuals with over 15 years of experience in passive and autonomous inflow control devices. InflowControl’s innovations focus on creating devices that improve recovery factors, decrease water cut and gas-oil ratios, and enhance drainage efficiency in both offshore and onshore wells. The company employs a quality management system compliant with ISO standards and holds Achilles certification as a supplier for the oil industry in Norway and Denmark. With a strong emphasis on innovation, the team is involved in all aspects of inflow control device development, from design to production, enabling industrial companies to maximize oil and gas recovery.

Zilift

Venture Round in 2013
ZiLift Limited, an oil and gas technology company, develops magnet technologies to put downhole pumps. The company provides TorqueDrive, a down-hole drive for progressing cavity pumps using permanent magnet motor and gear technologies; and SpeedDrive technology, a centrifugal pump designed for deploying on cable through the production tubing. The company was incorporated in 2009 and is based in Aberdeen, United Kingdom with a location in Bakersfield, California.
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