Ai Exploration has been awarded the top technology award in the TechX energy accelerator. TechX is an intensive 15-week program for high growth companies that clearly demonstrate technology that can benefit the energy industry
The accelerator received close to 200 applications from companies in more than 35 countries, with strong representation from the UK, US, and Canada. The program is part of the Oil & Gas Technology Centre and is sponsored by bp and KPMG.
OGTC chief executive Colette Cohen said:
“The TechX Pioneer programme is a key foundation of the OGTC focused on creating an entrepreneurial culture and ecosystem in the NE Scotland and enabling young innovative companies to succeed.
“These companies represent the next generation of inspiring entrepreneurs and I am encouraged to see such incredible results in the 16 week programme.
“This could only be achieved with the support of our mentors and programme partners BP & KPMG and the broader industrial community who have already committed to 10 field trials with these new companies.
“It’s an exciting start for this cohort and the future of the North Sea”
David Gilmour, vice president business development, BP Group Technology, said:
“TechX goes from strength-to-strength with the second cohort, like the first, showcasing some truly innovative thinking and breakthrough ideas, including cleantech solutions that will help deliver the industry’s focus on secure, sustainable energy while advancing a low carbon future.
“What the TechX Pioneers have achieved in a few short months is incredible and BP is proud to have been a part of that. TechX has set these companies up for a bright future and BP will be watching with interest as they grow their presence and pursue their ambitions.”
Martin Findlay, a KPMG partner who is part of the TechX delivery team, said:
“We are delighted to have been awarded Partner of the Year – it’s been fantastic working with the TechX team over the past two years and I am thrilled to collect this award on behalf of KPMG.