ARKeX Inc., a worldwide leader in geophysical imaging technology, has successfully raised US$30 million (15.4 million pounds Sterling). ARKeX provides geophysical surveys for the oil, gas and mineral exploration industry, using BlueQube(TM) technology. BlueQube is a cutting-edge technology that gives explorationists an accurate picture of subsurface geology. The key technology in BlueQube is gravity gradiometry. […]
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Fotech has secured £6.5 million ($12.96 mm) venture funding to commercialise its pioneering solutions for the monitoring and surveillance of oil and gas wells and pipelines. The company specialises in Distributed Acoustic Sensing (DAS) which allows a standard optical fibre cable to act as a microphone over significant distances, using acoustic data and sophisticated software […]
Kosmos Energy LLC announces today that the company has secured an additional $500 million equity funding. The equity expands Kosmos’ capital base and provides substantial financial resources for ongoing oil and gas exploration, appraisal and development activities in West Africa, including first-phase development of the Jubilee Field, the company’s significant oil discovery offshore the Republic […]
DynaPump Inc., a Northridge, Calif.-based manufacturer of surface mounted artificial lift systems for the oil and gas industry, has secured $6 million of an $8 million Series C extension. “lowering operating expenses while increasing the customer’s oil production. The use of solid-state electronics and computerization lowers energy costs while giving new flexibility to the artificial […]
DeepFlex, Inc., the world’s only manufacturer of flexible, unbonded, non-metallic composite pipe for use in deepwater and ultra deepwater oil and gas production, announced today that it has sold $33 million of Series C Preferred Stock. Headquartered in Houston, with marketing offices in the United States, Brazil and the United Kingdom, DeepFlex, Inc. designs, manufactures […]
Futuretec, whose innovative technology delivers major benefits in the construction of oil and gas wells, has secured venture capital funding of £4 million ($7.95 mm). Futuretec products enable clients to achieve impressive results in casing oil and gas wells, reducing risk and maximising operational efficiency. Technology solutions, which deliver enhanced performance in casing operations, are […]
Sub-One Technology announced today that it has closed $24 million in new financing. Sub-One Technology develops high-performance protective coatings for industrial applications. Its InnerArmor coating process applies an ultrahard, pinhole-free, chemically inert protective coating to critical equipment to reduce operational costs associated with corrosion, erosion and friction reduction.. Sub-One’s InnerArmor® technology is the only process […]
eCorp LLC, a Houston, Texas-based developer of natural gas storage facilities, has raised $40 million in growth capital funding. the eCORP family of businesses include natural gas storage and pipeline development and operation, exploration and production of oil and gas, energy marketing and electric power generation.
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