About us

Funding opportunities

We are here to inspire and accelerate innovation, co-investing in industry-led projects to take new technologies from concept through to deployment in the oil field.

If you have a technology or innovative idea that can benefit the oil and gas industry, we want to hear from you!

Find out more about our funding opportunities:

Direct approach

You can contact us at any time, either via the website or on the phone, to discuss your potential technology project.

Before you get in touch, please consider if your technology project:

  • Focuses on one or more of the challenges that we’re working on – asset integrity, wells, marginal developments, digital transformation and decommissioning.
  • Already has or can secure industry backing. We co-invest in project with industry partners, in line with State Aid regulations.

Click here to submit your idea.

Calls for Ideas

Throughout the year, we run ‘Calls for Ideas’ where we seek innovative ideas and concepts to tackle specific industry challenges.

Previous Calls for Ideas themes, include:

  • Well plugging and abandonment
  • Corrosion under insulation
  • Life support for decommissioning
  • Using machine learning to identify reserves
  • Subsea plug and play

Click here to find out more about the Calls for Ideas.

TechX

TechX is our unique technology accelerator which helps smaller, ambitious technology developers take their solutions to the oil and gas market – faster.

You can apply for two programmes:

Pioneers – for start-ups with new technology ideas. Up to £100,000 funding available with no equity taken or payback required, and the developer retains all intellectual property.

Applications for cohort 2 commence in September 2019.

Preregister your interest in apply here.

Market Entryfor small and medium sized companies that have technology that requires some final industry input and validation to make it applicable in the oil and gas sector. The TechX Market Entry programme offers unrivalled access to customers and funding to support landscaping, study work, opportunity qualification/ quantification, business model validation and fast track route to field trials.

Click here to apply for the Market Entry programme.