Orbital Marine Power
Corporate Round in 2021
Orbital Marine Power Limited is a pioneering company specializing in the development and commercialization of floating tidal stream and run-of-river hydrokinetic turbines. Established in 2002 and based in Kirkwall, United Kingdom, the company aims to reduce the costs associated with electricity generation from tidal energy through low-cost installation, maintenance, and decommissioning practices. Orbital Marine Power offers various turbine models, including the SR250, a 250 kW prototype, the Orbital O2, a 2 MW commercial turbine, and the SR2000, designed for fast tidal current regions. The company's innovative floating tidal energy converters are moored in powerful tidal streams or river currents, utilizing rotors to harness the dense energy flow, thereby providing communities and businesses with affordable, clean energy. Formerly known as Scotrenewables Tidal Power Ltd., the company rebranded in October 2018 to better reflect its mission and advancements in tidal energy technology.
Magma Global
Acquisition in 2021
Magma Global Ltd. is a designer and manufacturer of innovative subsea pipes specifically tailored for subsea exploration and production in challenging environments, including deepwater and high-pressure applications. The company's flagship product, m-pipeĀ®, features advanced carbon fibre and Victrex PEEK composite materials that provide anti-corrosion properties and high fluid flow rates. This technology is utilized in various applications such as flowlines, jumpers, intervention systems, and risers, enabling efficient transfer of hydrocarbons, water, and gas. Founded in 2008 and headquartered in Portsmouth, United Kingdom, Magma Global has expanded its presence with additional offices in the United States, Angola, and Saudi Arabia. The company collaborates strategically with TechnipFMC to further enhance its offerings to the oil and gas industries worldwide.
FMC Technologies
Acquisition in 2017
FMC Technologies is a prominent global provider of technology solutions specifically tailored for the energy sector, particularly within the oil and gas industry. The company specializes in designing, manufacturing, and servicing advanced systems and products, including subsea production and processing systems, surface wellhead systems, high-pressure fluid control equipment, measurement solutions, and marine loading systems. Its innovative technology services enhance exploration, drilling, and development efforts in offshore oil and gas fields. By offering subsea separation, boosting, and processing systems, FMC Technologies enables clients to maximize oil recovery from both mature and new projects, addressing the increasing demand for deepwater oil and gas production.
Hummingbird Technology
Acquisition in 2016
Hummingbird Technology manufacture, supply, and distribution of chemicals.
Inocean
Acquisition in 2014
Inocean is a privately held company specializing in naval architecture and engineering services for the energy sector. The firm offers comprehensive support throughout various phases of project development, including concept development, feasibility studies, and due diligence. Inocean also conducts risk reviews and site management, ensuring compliance with relevant standards. Its expertise extends to the design of substations, as well as installation supervision and maintenance services for marine and offshore projects.
Technip Zimmer
Acquisition in 2014
Technip Zimmer includes technologies for the processing of polyesters and polyamides, research and development facilities.
Shaw Energy & Chemicals
Acquisition in 2012
Shaw Energy & Chemicals is a privately held company provides project-related services, including design, engineering and construction.
Stone & Webster process technologies
Acquisition in 2012
Stone & Webster process technologies is a privately held company that provides downstream technology solution.
CyXplus
Acquisition in 2012
CyXplus is a privately held company that designs, develops, manufactures, and markets non-destructive testing and measurement equipment.
Global Industries
Acquisition in 2011
Global Industries is a privately held company that provides construction and subsea services to the offshore oil and gas industry.
Cybernetix Ventures
Acquisition in 2011
Cybernetix Ventures, established in 2022 and headquartered in Boston, Massachusetts, is a venture capital firm specializing in early-stage investments. It focuses on robotics, automation, and artificial intelligence startups, primarily in the United States, Canada, and Europe. The firm's portfolio spans various industries, including manufacturing, logistics, construction, and healthcare, with a particular interest in emerging technologies like cloud robotics, autonomy, and edge computing. Cybernetix Ventures leverages its expertise and global network to support its portfolio companies, fostering innovation and growth in these sectors.
Technip-EPG B.V.
Acquisition in 2008
Technip-EPG B.V is specialized engineering company with notably strength in the oil and gas and petrochemical sectors.
Technip USA
Acquisition in 1999
Technip USA is a privately held company that provides engineering and construction contracting services to subsea facilities.