SLB

Schlumberger Limited is a leading global oilfield services corporation, established in 1926 and headquartered in the United States. The company operates in approximately 80 countries, employing around 80,000 individuals from 140 nationalities. Schlumberger offers a comprehensive range of products and services designed for the oil and gas industry, including seismic acquisition and processing, formation evaluation, well testing, directional drilling, cementing, stimulation, and artificial lift. Additionally, the company provides consulting services and software solutions. Schlumberger also extends its expertise to the groundwater sector, catering to similar needs within that industry.

Simon Ayat

VP and CFO

Hinda Gharbi

President

Marwan Moufarrej

President

Adesola Oyinlola

President - Schlumberger Foundation

Olivier Le Peuch

Vice President and CEO

Cecilia Prieto

Division Vice President Americas Land

R. Scott Rowe

President

Smaine Zeroug

Research Director

91 past transactions

RayGen Resources

Series D in 2025
RayGen is an Australian technology company specializing in next-generation solar power and electricity storage solutions. The company's flagship product, the Solar Power Plant, combines proprietary PV Ultra (solar cogeneration) and Thermal Hydro (electro-thermal storage) technologies to provide utility-scale, on-demand renewable energy with the lowest cost and longest duration storage solution. RayGen's team of 30 employees designs, manufactures, operates, and sells these systems, which can be flexibly located where grid requirements dictate. The company has built and sold a 1MWAC project supported by power purchase agreements and manufactures high-efficiency solar modules at its Melbourne facility. RayGen has received funding support from the Australian Renewable Energy Agency (ARENA) and the Victorian Government's New Energy Jobs Fund.

ILiAd Technologies

Corporate Round in 2024
ILiAD Technologies is a private firm based in Carlsbad, California, specializing in direct lithium extraction (DLE) technology. The company has developed a proprietary technology that integrates a highly selective adsorbent for lithium with continuous countercurrent bed processing. This innovative approach provides a patented solution for concentrating and treating various lithium-rich brines under diverse conditions. ILiAD Technologies aims to optimize lithium recovery while minimizing capital and operational expenses, thus reducing the environmental impact of lithium extraction processes. The firm is committed to offering a safe and efficient method for lithium separation that meets the growing demand for this critical resource.

RayGen Resources

Series D in 2024
RayGen is an Australian technology company specializing in next-generation solar power and electricity storage solutions. The company's flagship product, the Solar Power Plant, combines proprietary PV Ultra (solar cogeneration) and Thermal Hydro (electro-thermal storage) technologies to provide utility-scale, on-demand renewable energy with the lowest cost and longest duration storage solution. RayGen's team of 30 employees designs, manufactures, operates, and sells these systems, which can be flexibly located where grid requirements dictate. The company has built and sold a 1MWAC project supported by power purchase agreements and manufactures high-efficiency solar modules at its Melbourne facility. RayGen has received funding support from the Australian Renewable Energy Agency (ARENA) and the Victorian Government's New Energy Jobs Fund.

ChampionX

Acquisition in 2024
ChampionX, established in 2019 and headquartered in Sugar Land, Texas, specializes in providing technology-driven chemistry programs and value-enabling solutions to the global upstream oil and natural gas industry. The company offers a range of services, including reservoir management, onshore and offshore production support, midstream management, and water capabilities. Its key offerings comprise artificial lift services, drilling technologies, and chemical solutions tailored for onshore and offshore oil and gas production. ChampionX's engineering expertise spans the entire well lifecycle, with a particular focus on the production phase.

Geminus

Series A in 2024
Geminus.AI, Inc. is a company based in Palo Alto, California, that specializes in developing artificial intelligence systems tailored for industrial processes. Founded in 1990, Geminus creates a platform designed to empower engineers and industrial operators to make rapid and informed decisions in environments characterized by high uncertainty. The company's offerings focus on self-optimized design and predictive operational intelligence, enhancing the performance and efficiency of various industrial assets, including refineries, power plants, satellites, and ships. By leveraging advanced AI applications, Geminus aims to support operators and engineering service providers in improving their operational capabilities.

Immaterial

Series A in 2023
Immaterial is a manufacturer and developer of highly porous nanomaterials specifically designed for the storage and separation of gas molecules. The company's super-adsorbent nanomaterials can be integrated into gas tanks to enhance storage capacity while maintaining the same pressure and volume. This innovation significantly reduces the costs associated with the separation, storage, and transportation of gas, presenting a valuable solution for gas companies seeking to optimize their operations.

The Exploration Company

Series A in 2023
The Exploration Company specializes in the development and operation of modular and reusable spacecraft, known as Nyx, designed for use in low Earth orbit and near the Moon. These spacecraft can be refueled in orbit and utilize environmentally friendly propellants, promoting sustainable space exploration. The company aims to democratize access to space by providing a cost-effective alternative for conducting in-space experiments, making it easier for new entrants to participate in the space exploration sector. Additionally, it offers an open-source operating system for its spacecraft, enhancing accessibility and innovation in the industry.

Gyrodata

Acquisition in 2022
Gyrodata is a service provider that specializes in addressing the challenges associated with drilling in the oil and gas industry. The company offers technology for precision wellbore placement and investigation programs, delivering full directional drilling capabilities. Its services include logging that can function independently or in conjunction with high-accuracy gyroscopic surveys. Gyrodata's solutions enhance safety during close approach drilling activities, improve the efficiency of completion strategies, and ensure equipment reliability through optimal placement of production equipment. By providing advanced reservoir maps and models, Gyrodata assists clients in planning future wells more effectively.

Nauticus Robotics

Post in 2022
Nauticus Robotics, established in 2014 by Nicolaus Radford in Webster, Texas, specializes in developing autonomous robotic systems tailored for the ocean industries. The company's innovative technology offers eco-friendly alternatives to traditional methods, streamlining operations while minimizing environmental impact. Nauticus focuses on providing essential data collection, analytics, and subsea manipulation capabilities, which are vital for maintaining and supporting underwater assets. Their business model encompasses the sale of robotic vehicles and components, as well as the licensing of associated software, serving both commercial and defense sectors. By prioritizing efficiency and sustainability, Nauticus Robotics aims to reduce operational costs and greenhouse gas emissions, thereby enhancing offshore health and safety standards.

QLM Technology

Series A in 2022
QLM Technology Ltd., based in Bristol, United Kingdom, specializes in the development of advanced gas detection and imaging systems utilizing low-power tuneable diode lidar technology. Established in 2017, the company focuses on providing innovative solutions for natural gas producers, distributors, and service providers to identify gas leaks and monitor greenhouse gas emissions effectively. QLM's technology incorporates ultra-compact, high-precision quantum optical sensors that offer exceptional resolution for detecting and quantifying gas leaks from well-heads and pipelines. This capability enables clients to achieve fast, accurate, and cost-effective gas leak identification and monitoring, thereby enhancing safety and reducing operational costs in the oil and gas industry.

Nauticus Robotics

Debt Financing in 2021
Nauticus Robotics, established in 2014 by Nicolaus Radford in Webster, Texas, specializes in developing autonomous robotic systems tailored for the ocean industries. The company's innovative technology offers eco-friendly alternatives to traditional methods, streamlining operations while minimizing environmental impact. Nauticus focuses on providing essential data collection, analytics, and subsea manipulation capabilities, which are vital for maintaining and supporting underwater assets. Their business model encompasses the sale of robotic vehicles and components, as well as the licensing of associated software, serving both commercial and defense sectors. By prioritizing efficiency and sustainability, Nauticus Robotics aims to reduce operational costs and greenhouse gas emissions, thereby enhancing offshore health and safety standards.

Gradiant

Series C in 2021
Gradiant is a provider of advanced water and wastewater treatment solutions, specializing in cleantech projects. The company employs proprietary technologies to serve various industries, including microelectronics, pharmaceuticals, food and beverage, lithium and critical minerals, and renewable energy. Gradiant's innovative approaches aim to minimize water usage and discharge for its clients, enabling them to reclaim valuable resources and convert wastewater into freshwater. Through its focus on sustainability, Gradiant supports mission-critical operations while addressing the growing challenges of water scarcity and environmental impact.

Palladyne AI

Post in 2021
Palladyne AI is a software company specializing in advanced robotic technology that enhances the intelligence and efficiency of robotic systems. By leveraging artificial intelligence and machine learning, Palladyne AI's platform enables robots to observe, learn, reason, and act in ways that closely resemble human intelligence. This innovative software empowers robots to autonomously adapt to dynamic environments, allowing them to perceive and respond to changes in real-time. The applications of Palladyne AI's technology span various industries, including automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics, and warehousing, positioning the company as a key player in the evolution of robotics.

EnerVenue

Series A in 2021
EnerVenue Inc., established in 2020 and headquartered in Fremont, California, specializes in developing metal-hydrogen energy storage batteries for large-scale renewable energy applications. The company's innovative technology addresses the grid's need for reliable energy storage, offering an alternative to traditional lithium-ion batteries. EnerVenue's Energy Storage Vessels are designed to be durable, safe, flexible, and cost-efficient, making them suitable for stationary energy storage in support of a sustainable, renewable energy future.

DeepIQ

Seed Round in 2021
DeepIQ is a company that specializes in providing software and services to enterprises aiming to enhance their data science and artificial intelligence initiatives. Its software solution facilitates the rapid integration of operational and IT data from diverse sources, enabling users to manage large volumes of data efficiently. DeepIQ’s applications are designed to simplify the AI journey for industrial companies by creating sophisticated workflows within existing cloud platforms. This allows users to extract significant value from their time-series, geospatial, and unstructured data, thereby empowering organizations to leverage their enterprise data more effectively.

Seekops

Series B in 2021
SeekOps Inc. is a company based in Austin, Texas, that specializes in leak detection services for the oil and gas sector. Incorporated in 2017, it focuses on developing advanced gas sensing technology and data solutions aimed at enhancing greenhouse gas emissions reporting for energy customers. SeekOps provides quantification and handheld concentration measurement services, utilizing small unmanned aerial vehicles equipped with sensors that detect natural gas emissions with high accuracy and minimal false positives. The company's innovative approach allows for the localization of methane emissions and precise quantification, thereby enabling clients to improve their emissions measurement and reporting standards while addressing environmental, health, and safety concerns. SeekOps serves a diverse clientele both in the United States and internationally.

Zilift

Acquisition in 2021
Zilift Limited is an oil and gas technology company based in Aberdeen, United Kingdom, with an additional location in Bakersfield, California. Founded in 2009, Zilift specializes in developing and marketing advanced magnet technologies for artificial lift applications. The company offers two primary product lines: TorqueDrive and SpeedDrive. TorqueDrive is an integrated downhole drivetrain system designed for progressing cavity pumps, improving performance and flexibility in wellbore placement while eliminating common failures associated with conventional top drive systems. SpeedDrive, on the other hand, is an innovative electrical submersible pump (ESP) that stands out as the world's only 2⁵⁄₈″ diameter ESP, enabling deployment via cable or wireline. This technology allows for effective interventions in slim bore and restricted access applications, significantly reducing lifting costs and expanding deployment options for clients. Zilift's compact, high-efficiency designs leverage permanent magnet materials to enhance power density and operational versatility in challenging environments.

GHGSat

Series B in 2020
GHGSat is a pioneering company in the field of remote sensing, specializing in the monitoring of greenhouse gas emissions, air quality gases, and other trace gases from industrial sources worldwide. Launched in June 2016, GHGSat introduced the first high-resolution satellite capable of measuring emissions of carbon dioxide and methane from any industrial facility globally. Utilizing proprietary technology, GHGSat delivers accurate emissions data and services at a significantly reduced cost compared to traditional methods, enabling facility owners to monitor emissions in near-real-time. By improving access to emissions information, the company aids industries in measuring, controlling, and ultimately reducing their greenhouse gas emissions. GHGSat has expanded its capabilities with additional satellites and also employs its technology on aircraft to enhance resolution for specific markets, including shale operations. Furthermore, the company is developing applications to monitor air quality and other trace gases, addressing diverse environmental concerns across various sectors.

Palladyne AI

Series C in 2020
Palladyne AI is a software company specializing in advanced robotic technology that enhances the intelligence and efficiency of robotic systems. By leveraging artificial intelligence and machine learning, Palladyne AI's platform enables robots to observe, learn, reason, and act in ways that closely resemble human intelligence. This innovative software empowers robots to autonomously adapt to dynamic environments, allowing them to perceive and respond to changes in real-time. The applications of Palladyne AI's technology span various industries, including automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics, and warehousing, positioning the company as a key player in the evolution of robotics.

908 Devices

Series E in 2019
908 Devices Inc. is a Boston-based company that specializes in the development and sale of handheld and desktop measurement devices for chemical and biochemical analysis. Founded in 2012, the company leverages mass spectrometry technology to create portable tools designed for immediate application in various fields, including life sciences research, bioprocessing, industrial biotechnology, and forensics. Its product lineup includes the MX908, a battery-powered, handheld mass spectrometry device capable of rapid analysis of unknown gas, liquid, and solid materials; the Rebel, a desktop analyzer offering real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to provide reliable and actionable insights in challenging environments, meeting the needs of professionals who require efficient solutions for complex analytical tasks.

GHGSat

Series A in 2018
GHGSat is a pioneering company in the field of remote sensing, specializing in the monitoring of greenhouse gas emissions, air quality gases, and other trace gases from industrial sources worldwide. Launched in June 2016, GHGSat introduced the first high-resolution satellite capable of measuring emissions of carbon dioxide and methane from any industrial facility globally. Utilizing proprietary technology, GHGSat delivers accurate emissions data and services at a significantly reduced cost compared to traditional methods, enabling facility owners to monitor emissions in near-real-time. By improving access to emissions information, the company aids industries in measuring, controlling, and ultimately reducing their greenhouse gas emissions. GHGSat has expanded its capabilities with additional satellites and also employs its technology on aircraft to enhance resolution for specific markets, including shale operations. Furthermore, the company is developing applications to monitor air quality and other trace gases, addressing diverse environmental concerns across various sectors.

Palladyne AI

Series B in 2018
Palladyne AI is a software company specializing in advanced robotic technology that enhances the intelligence and efficiency of robotic systems. By leveraging artificial intelligence and machine learning, Palladyne AI's platform enables robots to observe, learn, reason, and act in ways that closely resemble human intelligence. This innovative software empowers robots to autonomously adapt to dynamic environments, allowing them to perceive and respond to changes in real-time. The applications of Palladyne AI's technology span various industries, including automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics, and warehousing, positioning the company as a key player in the evolution of robotics.

Virtual Materials Group

Acquisition in 2018
Virtual Materials Group is an oil and gas energy company based in Calgary that specializes in developing simulation software and technical solutions for the industry. The company offers software designed to calculate the physical and thermodynamic properties of mixtures, enabling clients to conduct dynamic simulations effectively. By providing these advanced tools, Virtual Materials Group aims to reduce software costs and enhance accessibility for companies operating within the process industries.

Nauticus Robotics

Series B in 2018
Nauticus Robotics, established in 2014 by Nicolaus Radford in Webster, Texas, specializes in developing autonomous robotic systems tailored for the ocean industries. The company's innovative technology offers eco-friendly alternatives to traditional methods, streamlining operations while minimizing environmental impact. Nauticus focuses on providing essential data collection, analytics, and subsea manipulation capabilities, which are vital for maintaining and supporting underwater assets. Their business model encompasses the sale of robotic vehicles and components, as well as the licensing of associated software, serving both commercial and defense sectors. By prioritizing efficiency and sustainability, Nauticus Robotics aims to reduce operational costs and greenhouse gas emissions, thereby enhancing offshore health and safety standards.

Nantero

Series G in 2018
Nantero, Inc. is a nanotechnology company based in Woburn, Massachusetts, that specializes in the development of semiconductor products using carbon nanotubes. Founded in 2001, Nantero focuses on creating high-density, high-speed nonvolatile random access memory (NRAM) chips, which are designed for a range of applications including smartphones, tablets, enterprise systems, and automotive and industrial uses. The company's innovative memory technology offers advantages such as ultra-high density and zero power consumption in standby mode, making it a competitive alternative to traditional flash memory. In addition to NRAM, Nantero produces various semiconductor products, including nanoelectromechanical switches and memory and logic semiconductor products, while collaborating with licensees to explore additional applications of its core nanotube-based technology.

BiSN

Venture Round in 2017
BiSN is a manufacturer of innovative metal-to-metal downhole sealing solutions tailored for the oil and gas industries. The company has developed advanced products that address the limitations of traditional methods, such as bridge plugs and cement, by providing gas-tight bridge plugs and expandable plugs designed to create airtight seals in downhole applications. By utilizing a revolutionary chemical reaction heater, BiSN enhances the effectiveness of its technology, enabling oil production companies to tackle challenges related to oil well abandonment in a more cost-effective manner. This modern approach opens up new possibilities for oil and gas operations, ensuring greater reliability and efficiency in sealing applications.

Peloton Technology

Series B in 2017
Peloton Technology Inc., founded in 2011 and based in Menlo Park, California, specializes in developing active safety systems for the trucking industry. The company employs radar and Dedicated Short-Range Communications (DSRC) technology to facilitate vehicle-to-vehicle communication between pairs of trucks. This innovative system enhances safety by linking active safety features, while allowing drivers to maintain full control of steering. The technology manages acceleration and braking, akin to adaptive cruise control, significantly reducing collision-related expenses and improving fuel efficiency. On-road testing has demonstrated that trucks operating in this platooning system can achieve average fuel savings of over 7%, benefiting both the leading and trailing vehicles by minimizing aerodynamic drag. Peloton Technology aims to address critical challenges faced by modern trucking fleets, including safety and operational costs.

908 Devices

Series D in 2017
908 Devices Inc. is a Boston-based company that specializes in the development and sale of handheld and desktop measurement devices for chemical and biochemical analysis. Founded in 2012, the company leverages mass spectrometry technology to create portable tools designed for immediate application in various fields, including life sciences research, bioprocessing, industrial biotechnology, and forensics. Its product lineup includes the MX908, a battery-powered, handheld mass spectrometry device capable of rapid analysis of unknown gas, liquid, and solid materials; the Rebel, a desktop analyzer offering real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to provide reliable and actionable insights in challenging environments, meeting the needs of professionals who require efficient solutions for complex analytical tasks.

Peak Well Systems

Acquisition in 2017
Peak Well Systems Pty Ltd. is a manufacturer specializing in the design and production of advanced downhole tools for well intervention. Established in 2002 and headquartered in Perth, Australia, the company offers a comprehensive range of products, including flow control systems, well intervention toolstring systems, and hydraulic hold-open tools. These tools are utilized for various applications such as well barrier and isolation, well integrity remediation, data acquisition, and enhancing well performance. Peak Well Systems serves clients across Australia, Southeast Asia, the United Kingdom, and the Middle East, supported by technical sales offices and distribution facilities in key locations. The company's expertise and innovative solutions have positioned it as a preferred provider for operators and service companies globally.

Palladyne AI

Series A in 2017
Palladyne AI is a software company specializing in advanced robotic technology that enhances the intelligence and efficiency of robotic systems. By leveraging artificial intelligence and machine learning, Palladyne AI's platform enables robots to observe, learn, reason, and act in ways that closely resemble human intelligence. This innovative software empowers robots to autonomously adapt to dynamic environments, allowing them to perceive and respond to changes in real-time. The applications of Palladyne AI's technology span various industries, including automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics, and warehousing, positioning the company as a key player in the evolution of robotics.

Kite Power Systems

Venture Round in 2016
Kite Power Systems, founded in 2011 in Burnham-on-Crouch, Essex, UK, is focused on developing innovative technology to harness wind energy through a twin-kite system. This system is designed to be reliable and efficient, aiming to deliver clean, low-cost energy at a utility scale while utilizing 85 percent less material than traditional wind turbines. The company's approach allows for deployment in areas where conventional wind energy solutions may not be viable, thereby broadening access to renewable energy sources. Kite Power Systems has been engaged in continuous testing and development of its technology and has received support from the UK Department of Energy and Climate Change Energy Entrepreneurs Fund, as well as various private sector investors. The company’s mission is to reduce dependency on fossil fuels and mitigate climate change by providing an economical alternative to existing wind energy solutions.

Alphabet Energy

Series C in 2016
Alphabet Energy, Inc. is a company that specializes in waste heat recovery technology, transforming waste heat into electricity. Founded in 2009 and headquartered in Hayward, California, with an additional office in Houston, Texas, the company offers a range of products, including power generating combustors, thermoelectric devices, and exhaust heat recovery generators designed for various applications. Their innovative thermoelectric approach, developed from research at the Lawrence Berkeley National Laboratory, allows for large-scale production at low cost using sustainable materials. Alphabet Energy's solutions cater to diverse industries such as automotive, oil and gas, manufacturing, and defense, enabling customers to enhance fuel efficiency and generate electrical power from waste heat sources.

Parsable

Series B in 2016
Parsable, Inc. is a technology company based in San Francisco, California, specializing in workflow management solutions for industrial sectors, including consumer packaged goods, manufacturing, and energy. The company offers the Parsable Connected Worker Platform, which transforms static, paper-based procedures into mobile and interactive work instructions. This platform allows industrial workers to utilize multimedia formats and collaborate in real-time, improving productivity, quality, and safety. Additionally, Parsable's solutions facilitate the collection of operational data, enabling organizations to gain insights into human work activities and enhance efficiency through data analysis, change tracking, and process training. Founded in 2013 and originally known as Wearable Intelligence, Inc., Parsable has expanded its presence with offices in Austin, Texas; Vancouver, Canada; and Kildare, Ireland.

Omron Oilfield and Marine

Acquisition in 2016
Omron Oilfield and Marine, Inc. designs, manufactures, sells, and provides aftermarket services for automated drive and control systems, power houses, and drillers’ cabins. The company offers drilling automation control systems, customizable driller’s cabins, and specialized power systems. It also provides training for land rig personnel covering the basics of operating, troubleshooting, and servicing Schlumberger drilling products.

Saltel Industries

Acquisition in 2016
Saltel Industries SAS specializes in the development, manufacture, and sale of inflatable packers and expandable steel solutions for the oil and gas industry. Founded in 2004 and based in Bruz, France, the company offers a variety of products, including expandable steel patches designed for various environments, such as standard, high temperature, and customized applications. Its product line also features expandable steel packers, notably the FracPacker for shale fracturing, as well as external casing packers and annular zonal isolation packers aimed at ensuring well integrity. In addition, Saltel Industries provides inflatable packers for formation evaluation, expansion tools, and pressure testing. The company caters to drilling, well construction, and maintenance needs, and operates internationally with subsidiaries in Canada, Texas, Australia, Argentina, and Romania.

GHGSat

Series A in 2016
GHGSat is a pioneering company in the field of remote sensing, specializing in the monitoring of greenhouse gas emissions, air quality gases, and other trace gases from industrial sources worldwide. Launched in June 2016, GHGSat introduced the first high-resolution satellite capable of measuring emissions of carbon dioxide and methane from any industrial facility globally. Utilizing proprietary technology, GHGSat delivers accurate emissions data and services at a significantly reduced cost compared to traditional methods, enabling facility owners to monitor emissions in near-real-time. By improving access to emissions information, the company aids industries in measuring, controlling, and ultimately reducing their greenhouse gas emissions. GHGSat has expanded its capabilities with additional satellites and also employs its technology on aircraft to enhance resolution for specific markets, including shale operations. Furthermore, the company is developing applications to monitor air quality and other trace gases, addressing diverse environmental concerns across various sectors.

Meta Downhole

Acquisition in 2016
Meta Downhole Ltd. is a provider of downhole isolation solutions for the oil and gas industry, serving clients worldwide, including regions in the Middle East, Asia, and the United States. The company specializes in a range of services throughout the lifecycle of a well, including architecture, drilling, completion, production, and decommissioning. Key offerings include the Meta Liner Tieback, an axial load-bearing connection system that ensures a durable metal-to-metal seal between liners and casing, and the Meta Casing Reconnect, which enables the replacement of damaged casing to avoid costly operational delays. Additionally, Meta Downhole provides zonal isolation solutions, permanent and frac MorphPackers, and the Meta Internal Clad, designed for the installation of identical clads without reducing internal diameter. Established in 1990 and headquartered in Aberdeen, UK, Meta Downhole was formerly known as READ Well Services Ltd. and rebranded in 2012. The company operates additional offices in the Middle East, the Far East, and the United States.

Asset Development & Improvement

Acquisition in 2016
Asset Development and Improvement Ltd. is a consultancy based in Aberdeen, United Kingdom, specializing in providing support to the oil and gas industry throughout various lifecycle stages. Founded in 2006, the company offers a range of services including due diligence during acquisition and divestiture, conceptual engineering, opportunity framing, project management, and operational excellence. Its expertise extends from exploration and appraisal phases to development, production operations, and decommissioning. The firm emphasizes improving operational efficiency and ensuring process safety, while also providing specialized software and systems to enhance client outcomes. As of March 31, 2016, the company operates as a subsidiary of Schlumberger Limited.

Fluid Inclusion Technologies

Acquisition in 2015
Fluid Inclusion Technologies is a service company in the petroleum industry that specializes in analyzing trapped fluid samples and borehole gases. It provides laboratory services focused on the chemical evaluation of micron-sized fluid inclusions in rock material, as well as the analysis of volatiles entrained in drilling fluids, commonly referred to as mud gas. Utilizing advanced techniques such as direct quadrupole mass spectrometry, the company delivers critical insights that aid in the exploration and evaluation of oil and gas reserves.

T&T Engineering Services

Acquisition in 2015
T&T Engineering Services, Inc., established in 1997 and headquartered in Tomball, Texas, operates as a subsidiary of Schlumberger Limited. The company specializes in providing design and engineering services, along with turnkey product supply, primarily to the petroleum exploration and production services industry. T&T is ISO 9001:2008 certified by DNV, ensuring high-quality standards. They assist drilling contractors and oil companies in enhancing operational efficiency, productivity, safety, and reliability through innovative solutions such as fast-moving rig designs. The company's expertise includes turnkey product design and engineering, third-party reviews, root cause failure analysis, and other specialized engineering services for the drilling and energy industries in the United States.

Onapsis

Series B in 2015
Onapsis Inc. is a cybersecurity company specializing in protecting business-critical applications and infrastructure. It offers the Onapsis Security Platform, an SAP-certified solution that employs a preventative, behavioral-based, and context-aware approach to identify and mitigate security risks, compliance gaps, and cyber threats. Additionally, Onapsis X1 serves as a standard tool for auditors, facilitating automated security assessments of ERP platforms. The company also conducts professional services, including penetration testing and security audits, along with specialized training programs for SAP security professionals. By providing continuous monitoring and automated governance, Onapsis helps organizations maintain visibility and control over advanced threats and compliance issues related to their enterprise applications. Founded in 2009, Onapsis is headquartered in Boston, Massachusetts, with additional offices in Heidelberg, Germany, and Buenos Aires, Argentina, serving Global 2000 customers across various industries including retail, energy, and manufacturing.

Novatek

Acquisition in 2015
Novatek is a research company founded in 1955 and headquartered in Provo, Utah, dedicated to developing innovative solutions to address significant global challenges. The company focuses on creating game-changing technologies that target issues such as energy shortages and inefficiencies in transportation infrastructure. Guided by the belief that technology and innovation can lead to a cleaner and more sustainable planet, Novatek employs Edison's system of innovation to tackle a wide range of problems. Its commitment to addressing these global-scale issues positions Novatek as a pioneer in modern technology solutions.

Cameron

Acquisition in 2015
Cameron International Corp. specializes in the design, manufacture, and service of equipment for the oil and gas industry, as well as industrial manufacturing sectors. The company offers a comprehensive range of flow equipment products, including systems related to flow control, drilling, subsea operations, surface and process systems, as well as both reciprocating and centrifugal compression. Additionally, Cameron provides valves, valve automation, measurement solutions, and valve management services, catering to the needs of clients in oil, gas, and process industries worldwide.

908 Devices

Series C in 2015
908 Devices Inc. is a Boston-based company that specializes in the development and sale of handheld and desktop measurement devices for chemical and biochemical analysis. Founded in 2012, the company leverages mass spectrometry technology to create portable tools designed for immediate application in various fields, including life sciences research, bioprocessing, industrial biotechnology, and forensics. Its product lineup includes the MX908, a battery-powered, handheld mass spectrometry device capable of rapid analysis of unknown gas, liquid, and solid materials; the Rebel, a desktop analyzer offering real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to provide reliable and actionable insights in challenging environments, meeting the needs of professionals who require efficient solutions for complex analytical tasks.

Rock Deformation Research

Acquisition in 2014
Rock Deformation Research is a spin out company from the University of Leeds. The group is led by Professor Rob Knipe, and is based on knowledge transfer and application of research developed over a 20 year period. We have a Leeds based staff of 22, as well as a US office based in Dallas. Our philosophy has been to conduct high quality consultancy and research to fully utilise the expansive data sets routinely collected by industry and to rapidly apply new concepts to reduce uncertainties and risk. The group has taken a multi-disciplinary approach to the problem of fluid flow and deformation in rocks and has provided new workflows , as well as creating new databases and risk schemes for the industry, that have helped in exploration, appraisal and production of oil and gas fields and mineral deposits.

Shores Lift Solutions

Acquisition in 2013
Shores Lift Solutions is a prominent provider of artificial rod lift equipment, field services, and optimization solutions for oil and gas operators across the continental United States. The company is dedicated to simplifying the processes involved in sourcing, servicing, and optimizing rod lift systems. With strategically located operations and a team of experienced experts and service technicians, Shores Lift Solutions focuses on delivering effective and efficient artificial lift solutions, ensuring that clients achieve optimal performance from their systems.

908 Devices

Series B in 2013
908 Devices Inc. is a Boston-based company that specializes in the development and sale of handheld and desktop measurement devices for chemical and biochemical analysis. Founded in 2012, the company leverages mass spectrometry technology to create portable tools designed for immediate application in various fields, including life sciences research, bioprocessing, industrial biotechnology, and forensics. Its product lineup includes the MX908, a battery-powered, handheld mass spectrometry device capable of rapid analysis of unknown gas, liquid, and solid materials; the Rebel, a desktop analyzer offering real-time data on bioprocess environments; and the ZipChip, a high-resolution separation platform that enhances mass spectrometry sample analysis. 908 Devices aims to provide reliable and actionable insights in challenging environments, meeting the needs of professionals who require efficient solutions for complex analytical tasks.

Gushor

Acquisition in 2013
Gushor Inc. is a petroleum geochemistry and fluid analysis company based in Alberta, Canada. It specializes in providing comprehensive geochemical, geological, and fluid property analysis, aimed at addressing production and exploration challenges in the heavy oil and oil sands sectors. The firm integrates reservoir fluid property studies with geochemical insights, applying this knowledge within a geological and engineering framework to deliver tailored solutions for its clients. Gushor's focus on practical problem-solving positions it as a key resource for companies operating in the complex landscape of heavy oil and oil sands exploration and production.

GeoKnowledge AS

Acquisition in 2012
GeoKnowledge AS was acquired by Schlumberger Limited.GeoKnowledge AS develops and markets decision support solutions.

Tula Technology

Venture Round in 2012
Tula Technology, Inc. is a developer and marketer of the Dynamic Skip Fire (DSF) cylinder deactivation system, which integrates digital signal processing with powertrain controls to create variable displacement engines. This innovative technology enables automotive manufacturers to enhance fuel efficiency and comply with CO2 emissions regulations. Founded in 2008 and headquartered in San Jose, California, with an engineering center in Plymouth, Michigan, Tula serves a global clientele, primarily in the United States, Germany, Japan, China, and Korea. The company holds over 320 patents related to various technologies, with a strong focus on applications for passenger automobiles and commercial heavy-duty trucks powered by gasoline, diesel, alternative fuels, and electricity. Tula's unique approach emphasizes software solutions to improve efficiency, resulting in one million vehicles already utilizing its technologies to reduce emissions and increase fuel savings. The company is also exploring efficiency advancements in other sectors, including robotics, e-aviation, and industrial machinery.

GEDCO

Acquisition in 2012
GEDCO is intensely focused on developing, selling, supporting and applying client-driven geophysical software solutions for the exploration sector. GEDCO’s proprietary software packages include OMNI 3D®, the industry’s standard for seismic survey design and modeling, and VISTA®, one of the sector’s leading 2D/3D seismic data processing tools. Both software products are complemented by legendary support services and training programs to ensure clients’ technical needs are met effectively and promptly.

SPT Group

Acquisition in 2012
SPT Group AS develops software for multiphase flow, drilling, and reservoir simulation in Norway. It offers solutions for reservoir optimization, drilling hydraulics, well dynamics, flow assurance, process dynamics, and production and pressure management. The company’s software products include OLGA, a solution for engineering and operation of onshore and offshore multiphase production systems; MEPO, a solution to support the process of history matching in reservoir engineering; Drillbench, for engineering and follow-up of various drilling operations; and edpm, an online production and drilling support system.

SPT Group

Acquisition in 2012
SPT Group AS develops software for multiphase flow, drilling, and reservoir simulation in Norway. It offers solutions for reservoir optimization, drilling hydraulics, well dynamics, flow assurance, process dynamics, and production and pressure management. The company’s software products include OLGA, a solution for engineering and operation of onshore and offshore multiphase production systems; MEPO, a solution to support the process of history matching in reservoir engineering; Drillbench, for engineering and follow-up of various drilling operations; and edpm, an online production and drilling support system.

ThruBit

Acquisition in 2011
ThruBit LLC designs and manufactures logging deployment systems. It provides openhole logging services; and logging solutions based on a unique through the bit deployment technique. The company was incorporated in 2004 and is based in Houston, Texas.

Contour Energy

Series C in 2011
Contour Energy is a company of portable power that commercializes customizable battery technologies for a wide range of cross-industry applications. It designs its next-generation battery systems to deliver unprecedented improvements in energy and power density, and are capable of performing in extreme operating conditions at significantly improved costs. Founded through the collaboration of Caltech and CNRS, the French National Center for Scientific Research, It combines expertise in nano-materials science, patented fluorine-based battery chemistries and manufacturing processes to significantly advance the state of portable power. With its headquarters in Azusa in California, a team of battery industry leaders from Caltech, Energizer, General Electric, Hewlett-Packard, Sanyo and Valence Technologies manages it. Private entrepreneurs hold it.

Liquid Robotics

Series D in 2011
Liquid Robotics Inc. specializes in the development and manufacturing of the Wave Glider, an innovative unmanned surface robot designed for real-time ocean data collection and communication. This technology enables long-duration missions in various sectors, including defense, environmental monitoring, maritime domain awareness, and oil and gas exploration. The Wave Glider is powered by both wave energy and solar power, allowing it to operate without the need for manpower, refueling, or emissions. It effectively connects subsea data to satellites and land, facilitating a comprehensive ocean network. The company also provides a range of services, including mission planning, operation, and reporting. Founded in 2007 and headquartered in Sunnyvale, California, Liquid Robotics has garnered multiple accolades for its technological advancements and contributions to oceanic research. As of December 2016, it operates as a subsidiary of The Boeing Company.

Samplify Systems

Series B in 2011
Samplify Systems, Inc. is a Silicon Valley fabless semiconductor company that combines high-performance analog with sophisticated digital processing to deliver a new class of intelligent data converters. Samplify provides the only real-time compression algorithm for high speed sampled data systems. Now, with the introduction of the SAM1600 family of Analog-to-Digital Converters (ADC), Samplify provides the world’s only true 16-channel, 12-bit, 65 Msample/sec ADC ICs with integrated data compression technology. Samplify Systems, Inc. was founded in 2006 and is based in Santa Clara, California.

Smith International

Acquisition in 2010
Smith manufactures products and provides services for drilling, completion, and production phases of oil and natural gas exploration and development activities. The company operates in two segments: Smith Oilfield and Distribution. The Smith Oilfield segment offers products and services used in oil and natural gas development activities. It designs, manufactures, and markets drill bits and borehole enlargement tools; supplies drilling tools and services that include directional drilling systems, measurement-while-drilling and logging-while-drilling services.

GeothermEx

Acquisition in 2010
GeothermEx is a leading geothermal resource consulting and services firm based in Richmond, California, recognized as the most comprehensive of its kind in the Western Hemisphere. With nearly 40 years of experience, the company specializes in the critical evaluation and development of geothermal fields, addressing the inherent risks associated with geothermal resources. Its team of geoscientists and engineers has successfully tackled resource-related challenges in more than 50 countries, providing clients with expert insights and solutions. GeothermEx offers a wide range of services, including exploration consultancy, drilling engineering and management, well testing, resource assessment, numerical reservoir simulation, enhanced geothermal systems, risk analysis, due diligence, and technology transfer. The firm has built a diverse client base, reinforcing its reputation for quality, efficiency, and results in the geothermal industry.

IGEOSS

Acquisition in 2010
IGEOSS provides geomechanical tools and consulting services to develop 3D geological structure interpretations and to model natural fractures and faults for oil and gas, environment, health, and academic and research organizations.

GeoServices

Acquisition in 2010
Geoservices S.A. is an oilfield services company headquartered in Le Blanc Mesnil, France, founded in 1958. The company specializes in a range of services designed to support oil and gas exploration and production. Its offerings include mud logging, which entails monitoring drilling parameters and evaluating geological formations, and well intervention services that involve mechanical operations, data acquisition, and equipment maintenance. Additionally, Geoservices provides field surveillance services, which encompass the operation and maintenance of surface installations, equipment sales, and solutions for assessing well production rates. With a global presence, the company operates across various regions, including Southeast Asia, the Mediterranean, Latin America, the Middle East, and North America, catering primarily to oil and gas companies seeking to optimize reservoir evaluation and production efficiency.

Nexus Geosciences

Acquisition in 2010
Nexus Geosciences, Inc., a seismic software and services company, develops integrated software and solutions that provide modeling, imaging, and interpretation of 3D seismic data for oil and gas industry in the United States. The company also delivers seismic data processing, interpretive velocity modeling and analysis, pre-stack seismic interpretation, and geological and geophysical modeling services.

Contour Energy

Series B in 2010
Contour Energy is a company of portable power that commercializes customizable battery technologies for a wide range of cross-industry applications. It designs its next-generation battery systems to deliver unprecedented improvements in energy and power density, and are capable of performing in extreme operating conditions at significantly improved costs. Founded through the collaboration of Caltech and CNRS, the French National Center for Scientific Research, It combines expertise in nano-materials science, patented fluorine-based battery chemistries and manufacturing processes to significantly advance the state of portable power. With its headquarters in Azusa in California, a team of battery industry leaders from Caltech, Energizer, General Electric, Hewlett-Packard, Sanyo and Valence Technologies manages it. Private entrepreneurs hold it.

M-I SWACO

Acquisition in 2010
M-I SWACO, manufactures hydrocarbon exploration and production equipment. The company provides drilling fluid systems. It offers differential sticking, lost circulation, hole-cleaning, well control and planning, compatibility testing, and project engineering solutions. The company provides clear brine fluid systems; filtration equipment and services; and wellbore cleanout, spacer and displacement chemical systems, and vessel-cleaning technologies. It also offers premium screens, vacuum systems, cuttings reinjection and treatment, pneumatic transfer, thermal desorption, and waste management services.

Techsia

Acquisition in 2009
Techsia SA provides software products and consulting services to the oil and gas industry. It offers Techlog, an interactive multi-well petrophysical solution designed for the geological interpretation of wellbore data; Techsis, a 3D petro-seismic interpretation software for conditioning the seismic data volumes to the wellbore curves; and Malcom, which is used for quantitative analysis of GC/MS signals.

Staag Imaging

Acquisition in 2008
Staag Imaging provides depth imaging technologies for seismic data processing. It offers Full Waveform Inversion technique, which helps in building earth velocity models. The company’s services include reverse time migration and three dimensional full waveform inversion. Its products and services help customers in geological settings, deep water, sub-salt, and new wide azimuth acquisition. Staag Imaging serves various markets, including geological and oil/gas.

Extreme Engineering

Acquisition in 2008
Extreme Engineering, Ltd. specializes in the development, engineering, and manufacturing of advanced measurement while drilling (MWD) technologies. The company produces both mud pulse and electromagnetic telemetry systems, which are integral for various drilling applications, providing essential information such as inclination, azimuth, full MWD, gamma-ray logging, and bore pressure during drilling operations. Additionally, Extreme Engineering offers solutions like XHOP, which integrates rotary steerable systems with MWD for real-time monitoring of drilling parameters, and DynamX, a sensor package designed to monitor shock and rotational speed. These innovations enhance the versatility and reliability of drilling fleets, catering to the needs of the global drilling industry.

IES Integrated Exploration Systems

Acquisition in 2008
IES Integrated Exploration Systems GmbH is a provider of specialized software and services for the oil and gas industry. It offers The PetroMod Software System, which includes tools for 1D, 2D, and 3D petroleum systems modeling. These tools enable users to simulate salt movement, thrust modeling, petroleum migration, and perform volumetric assessments, helping oil and gas companies estimate undiscovered hydrocarbons and mitigate exploration risks.

Saxon Energy Services

Acquisition in 2008
Saxon Energy Services is a provider of land drilling and well construction services, specializing in oil drilling and well maintenance. The company offers a range of services, including drilling, well completion, and workover services, catering to the needs of oil and gas companies across North and South America. With a focus on delivering reliable and efficient solutions, Saxon Energy Services plays a significant role in supporting the energy sector in these regions.

Eastern Echo Holding

Acquisition in 2007
Eastern Echo Holding Plc operates as a marine geophysical company specializing in the acquisition of 3D seismic data for the management of marine and seismic operations.

PetroMarker

Funding Round in 2007
PetroMarker AS is a marine electromagnetic service provider focused on the oil and gas industry. The company specializes in conducting feasibility studies ahead of offshore investigations and is involved in the planning and configuration of offshore surveys. PetroMarker offers services that encompass data acquisition, processing, and interpretation, enabling oil companies to effectively conduct offshore research and make informed drilling decisions. Through its comprehensive approach, PetroMarker plays a crucial role in supporting the exploration and development of marine oil and gas resources.

Water Management Consultants

Acquisition in 2007
Water Management Consultants, Ltd. (WMC) provides development, management, and environmental protection services of water resources. The company offers water resources planning and engineering, geochemistry and geology, numerical modeling, hydrogeology and hydrology, and feasibility studies technical solutions.

InnerLogix

Acquisition in 2007
InnerLogix, Inc. provides data integration and quality improvement solutions for the upstream oil and gas industry. It offers QCPro, a suite of tools that includes QCLogix, a calculation engine that measures the quality of data; ILXAdmin, which administers configuration settings; RulesEditor, which is used for defining assessment and correction rules; and QCSync, a correction engine that corrects and syncs data.

CJSC Tyumenpromgeofizika

Acquisition in 2007
CJSC Tyumenpromgeofizika is a geological company that provides geological and technical research and other work at wells. The company works on the Khanty-Mansiisk and Yamal-Nenets autonomous districts, in the southern Tyumen region, Eastern Siberia and at fields near the Caspian Sea in Kazakhstan.

Geosystem

Acquisition in 2007
Geosystem Srl specializes in electromagnetic technology and seismic imaging services. The company provides a range of onshore and marine activities, including controlled-source electromagnetic (CSEM) and magnetotelluric data acquisition, processing, and interpretation. Geosystem also offers consulting services for marine CSEM surveys and marine time-domain electromagnetic data acquisition and interpretation. With expertise in the joint inversion of various geophysical measurements, including seismic, gravity, and magnetotelluric surveys, Geosystem supports geologists and organizations in effectively utilizing its advanced technology for geological exploration and analysis.

Insensys Oil & Gas

Acquisition in 2007
Insensys provides unique fiber-optic based technology for measuring structural loads to assist operators with integrity management and production optimization of operating assets. The company has two trading entities: Insensys Oil & Gas Ltd. provides integrity monitoring solutions for the offshore Subsea Umbilical Riser and Flowline (SURF) market, while Insensys Ltd. supplies products to the wind energy and aerospace sectors for structural health and control applications.

V.I.P.S

Acquisition in 2007
V.I.P.S is software and consulting company that develops earth modeling techniques to help reduce costs and improve oil recovery.

Reslink

Acquisition in 2006
Reslink Corporation, a engineering and manufacturing company, engages in the development and supply of open-hole and cased hole completion solutions to the oil and gas industry in Europe, North America, the Middle East, Africa, Pacific Asia, and internationally.

TerraTek

Acquisition in 2006
TerraTek, Inc. provides geomechanics measurement and analysis services. Its services include tight-rock analysis for unconventional reservoirs; rock mechanics testing and evaluation; wellsite and laboratory analysis of coalbed methane; drilling and completions performance testing; and core-to-log interpretation.

Odegaard

Acquisition in 2006
Odegaard develops seismic domain and data software solutions for seismic reservoir characterization.

PetroAlliance

Acquisition in 2005
PetroAlliance Services specializes in providing exploration and development services for oil and gas fields. The company offers a comprehensive range of services, including seismic analysis, wireline logging, perforating, and directional drilling. Additionally, PetroAlliance provides cementing, drilling fluids, measurement while drilling, and integrated project management. By delivering these essential services, the company supports the efficient and effective operation of oil and gas exploration and development projects.

Diamould

Acquisition in 2005
Diamould, Ltd. designs and manufactures electrical, hydraulic, and fibre optic connector systems for the hostile environments. It offers electrical instrumentation, electrical power, fibre optic instrumentation, and hydraulic control products, which are used for deepwater and high-pressure, high-temperature wellhead, and down hole applications.

VoxelVision

Acquisition in 2003
Voxelvision is a provider of cluster based visualization and interpretation technology. The Company has designed a visualization engine for a PC environment.

Sensa

Acquisition in 2001
Sensa provides temperature monitoring products and services. The Company offers fiber optic distributed temperature sensing solutions for fire detection, power circuit temperature, and trace heat monitoring systems.

KBB Underground Technologies GmbH

Acquisition in 2001
KBB Underground Technologies GmbH, an engineering company, is engaged in planning, building, and operating underground storage facilities and brine/salt extraction facilities.

Sema

Acquisition in 2001
Sema PLC provides information technology services. The Company provides facilities management, standard software products and systems integration products, including consulting and outsourcing. Sema offers its products and services to defense, energy, banking, transport, telecommunications, industrial, and government sectors internationally.

Convergent Group

Acquisition in 2000
Convergent Group is a professional services firm that specializes in providing business transformation solutions tailored for utilities, local government entities, and the public sector. The company focuses on enabling clients to implement Internet-based eBusiness solutions, offering expertise in technical consulting and business process optimization. Additionally, Convergent Group delivers systems integration services that help organizations enhance their operational efficiency and adapt to the evolving technological landscape. Through its comprehensive approach, the firm assists clients in navigating the complexities of digital transformation and achieving their strategic objectives.

Operational Services

Acquisition in 2000
Operational Services is a provider of diversified consumer services.

Telweb

Acquisition in 2000
Telweb design and provides WebPayphones and networks for the telecommunication companies worldwide.

Panther Software

Acquisition in 1999
Panther Software Corp, a provider of hardware and software products and services for managing, indexing, loading and cataloging large volumes of seismic data throughout the seismic data lifecycle.

Merak Projects

Acquisition in 1999
Merak Projects is a firm focused on providing the best hospitality standards through the MICE procurement system.
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