6
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3
Early stage
2
Mid stage
1
Late stage
11y
Years active
Portfolio
6 investments · sorted by recency
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Board Member
Nov 2023
Completion Tracer is a Norwegian oil service company based in Harstad. The company was spun off from Scale Protection as a sister company in 2023.
Our reservoir inflow tracers provide information on the fluid phase produced per zone and well cleanout verification (PhaseTrack), and an estimation of zonal contribution to the total well production (FlowTrack).
Visit https://www.completiontracer.com for more information.
Board Member
Dec 2019
qWave is a Stavanger based R&D company with a vision to develop a stress testing tool to enable operators to safely maximize carbon storage of CCS projects and to develop and service a range of downhole tools for improved testing, stimulation, perforation and cleaning of wells in the CCS and oil & gas industry. A prototype of our first formation stress testing tool is currently being developed and tested as part of a joint interest industry project supported by several operating companies. This tool will be applicable to ensure maximised and safe carbon (CO2) storage and will therefore contribute to the energy transition and reduced carbon emissions. The range of tools and services to be developed are based on a new technology invented by qWave.
Board Member
Jun 2017
XSENS AS was established in 2013 as an independent affiliate company of Christian Michelsen Research AS (CMR) in Bergen (Norway) and provides patented Clamp-on ultrasonic flow and fraction measurement technology.
Our goals are to significantly reduce cost for accurate flow and fraction measurement in any industry while providing the benefits of clamp-on installation which enables safety and retrofit installation.
XSENS received the Spotlight Award for the Most Innovative New Technology at Offshore Technology Conference in Houston 2019, and in 2020 XSENS won the ADIPEC Award for Best Oil and Gas Start-up Company.
Board Member
Dec 2016
saving wells
Well production optimization by cost effective scale and water monitoring.
We deliver the following tools and services:
• Bulk Scale Analysis - BSA™: Monitoring of the type and amount of scale in produced water, using Scanning Electron Microscope and EDX.
In addition we can provide day to day scale management, consultancy and scale testing in our own flowloop and test equipment.
Scale Protection does not provide chemicals and is in the position to provide independent advisory service for the operators.
Board Member
Dec 2015
Sorbwater Technology AS provides solutions to clean Produced Water and Slop Water for the Oil & Gas industry. Our technologies will also be applicable to other markets as mining, petrochemical refining, shipping, pulp & paper etc. However, Sorbwater has chosen to focus on the Upstream Oil & Gas market.
We work to save groundwater resources and minimize harmful discharge, at the same time as saving treatment costs for our clients. Sorbwater’s technology is a combination of patented, green chemistry and hardware – in the form of high performance separation equipment. Our solutions represent Best Available Technology.
The company supplies and maintains compact treatment plants for onshore and offshore use. The technology has been tested and approved by several international oil companies.
Board Member
Jun 2015
Seabed Separation AS was established in 2013 to commercialise the separation inventions made by Dr. Otto Skovholt, and the development shifted gear after Proventure Seed II and co-investors came onboard medio 2015.
We are a technology development company within the field of oil & gas processing. We have developed, and are in the process of commercialising our ground breaking technology solution – The Dual Pipe Separator (DPS). We are Re-inventing the separation technology segment in the oil & gas industry by introducing our Dual Pipe Separator (DPS).
We truly believe that our technology will be the core to many future subsea development projects and we aim to work together with a limited selection of well qualified integrator (EPCI) companies to build production water management systems, with our DPS technology at the core of the system.
Our Value Proposition:
By removing the water close to the source and thus avoid bringing it up to the surface, we enable IOR and accelerated production through two main contributors;
• Increased Oil Recovery (IOR)
– We remove the water at the seabed and thus reduce the back pressure on the
reservoir resulting in improved production
• Accelerated Production
– We remove the water from the subsea infrastructure and thus we enable
faster start-up of new wells and fields that can exploit the new capacity
– Production testing without production losses and with increased allocation
accuracy
Please follow us on this LinkedIn profile and be a part of our journey towards full commercialisation of our subsea separation technology.
--
Vi i Seabed Separation AS har utviklet, og er i ferd med å kommersialisere, vår banebrytende løsning, Dual Pipe Separator (DPS) – teknologi som gjør det mulig å separere olje, gass og vann på en mer effektiv måte.
Experience · 12 entries
All (12)
Investments (6)
Founder (1)
Board (6)
2023
Board Member
Nov 2023
Completion Tracer is a Norwegian oil service company based in Harstad. The company was spun off from Scale Protection as a sister company in 2023.
Our reservoir inflow tracers provide information on the fluid phase produced per zone and well cleanout verification (PhaseTrack), and an estimation of zonal contribution to the total well production (FlowTrack).
Visit https://www.completiontracer.com for more information.
2019
Board Member
Dec 2019
qWave is a Stavanger based R&D company with a vision to develop a stress testing tool to enable operators to safely maximize carbon storage of CCS projects and to develop and service a range of downhole tools for improved testing, stimulation, perforation and cleaning of wells in the CCS and oil & gas industry. A prototype of our first formation stress testing tool is currently being developed and tested as part of a joint interest industry project supported by several operating companies. This tool will be applicable to ensure maximised and safe carbon (CO2) storage and will therefore contribute to the energy transition and reduced carbon emissions. The range of tools and services to be developed are based on a new technology invented by qWave.
2017
Board Member
Jun 2017
XSENS AS was established in 2013 as an independent affiliate company of Christian Michelsen Research AS (CMR) in Bergen (Norway) and provides patented Clamp-on ultrasonic flow and fraction measurement technology.
Our goals are to significantly reduce cost for accurate flow and fraction measurement in any industry while providing the benefits of clamp-on installation which enables safety and retrofit installation.
XSENS received the Spotlight Award for the Most Innovative New Technology at Offshore Technology Conference in Houston 2019, and in 2020 XSENS won the ADIPEC Award for Best Oil and Gas Start-up Company.
2016
Board Member
Dec 2016
saving wells
Well production optimization by cost effective scale and water monitoring.
We deliver the following tools and services:
• Bulk Scale Analysis - BSA™: Monitoring of the type and amount of scale in produced water, using Scanning Electron Microscope and EDX.
In addition we can provide day to day scale management, consultancy and scale testing in our own flowloop and test equipment.
Scale Protection does not provide chemicals and is in the position to provide independent advisory service for the operators.
2015
Board Member
Dec 2015
Sorbwater Technology AS provides solutions to clean Produced Water and Slop Water for the Oil & Gas industry. Our technologies will also be applicable to other markets as mining, petrochemical refining, shipping, pulp & paper etc. However, Sorbwater has chosen to focus on the Upstream Oil & Gas market.
We work to save groundwater resources and minimize harmful discharge, at the same time as saving treatment costs for our clients. Sorbwater’s technology is a combination of patented, green chemistry and hardware – in the form of high performance separation equipment. Our solutions represent Best Available Technology.
The company supplies and maintains compact treatment plants for onshore and offshore use. The technology has been tested and approved by several international oil companies.
Show all 12 entries ↓
Investment activity
2015–2023 · 6 investments
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