LUX Assure Ltd

📍 Edinburgh, United Kingdom🗓 Founded 2001👥 3 employees💰 Last funded Jan 2013
UK-based LUX Assure delivers a revolutionary approach to the monitoring and management of production chemicals to both upstream and downstream oil & gas activities. Our pioneering technologies, inspired by our heritage as a life sciences research company, provide unique solutions for monitoring difficult to detect chemicals which are widely used across the oil & gas industry, and provide critical information to support key management decisions. CoMic™ helps operators improve production efficiency by reducing surplus use of corrosion inhibitors (CI), while still protecting asset integrity. CoMic™ helps producers to extend asset life, demonstrate best practice in corrosion management, and avoid the unwanted cost and separation difficulties that can arise from overdosing the pipeline, helping clients achieve optimal CI concentration, every time. OMMICA™ is a simple to use, on-site testing kit that can rapidly determine MEG and methanol concentrations in produced oil, water and condensate. Any operators who dose MEG or methanol to maintain flow assurance upstream – as well as refiners who process crude oil downstream – know that the presence of these chemicals in produced fluids can affect product quality and therefore value, and damage refinery equipment. Simple and accurate, OMMICA™ is designed to address many of the issues experienced with traditional analysis techniques, such as gas chromatography, and can be used on-site by non-specialists, to provide MEG and methanol concentration results within an hour. With our global headquarters in Scotland and agents in the Americas, Middle East, Malaysia and Australia, LUX Assure serves customers worldwide. An independent company, we're an innovator in oil & gas intellectual property, ranked number 12 in the IP100 (2018), the UK's Intellectual Property League. Our investors include Chevron Technology Ventures, ConocoPhillips Company, Statoil Technology Invest, Archangel Investors and the Scottish Investment Bank.#oil&gas
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2001
Founded

Investors

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Investor geography1 country
Norway
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Frequently asked questions
Who invested in LUX Assure Ltd?
LUX Assure Ltd has 1 investors on record on gritt.io.
When did LUX Assure Ltd last raise funding?
The most recent investment in LUX Assure Ltd recorded on gritt.io was in January 2013.
When was LUX Assure Ltd founded?
LUX Assure Ltd was founded in 2001.
What industry is LUX Assure Ltd in?
LUX Assure Ltd operates in Oil & Energy. Find similar Oil & Energy investors on gritt.io.
Where is LUX Assure Ltd based?
LUX Assure Ltd is headquartered in Edinburgh, United Kingdom.