Thousands of new startups are founded every year – emerging companies with the potential to disrupt the oil & gas (O&G) industry. To give you a head-start on emerging technologies and startups that will impact the oil & gas sector in 2022, we analyzed a total of 561 global waste management startups & scaleups. Meet 5 of the most promising startups to watch!
Global Startup Heat Map highlights 5 Waste Management Startups Oil & Gas Companies Should Watch in 2022
Out of 561, the 5 waste management startups to watch are chosen through the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 2 093 000+ startups & scaleups globally. As the world’s largest resource for data on emerging companies, the SaaS platform enables you to identify relevant startups, emerging technologies & future industry trends quickly & exhaustively.
The Global Startup Heat Map below highlights the 5 waste management startups oil & gas companies should watch in 2022 as well as the geo-distribution of the other 556 startups & scaleups we analyzed for this research. We hand-picked the 5 highlighted waste management startups based on our data-driven startup scouting approach, taking into account factors such as location, founding year, the relevance of technology, and funding, among others.
Arletta Environmental Consulting offers Environment Management Services
Founding Year: 2019
Location: Calgary, Canada
Partner for: Land Reclamation, Oil Spill Response
Arletta Environmental Consulting is a Canadian startup that provides environmental management and assessment solutions for oil & gas companies. The startup guides oil businesses through the regulatory and reporting processes in the event of an oil spill. This is critical for the oil producers’ reputation and to maintain healthy landowner relations. Further, Arletta Environmental Consulting provides appropriate remediation measures at low costs to reduce environmental impacts due to spillage. The startup also delivers environmental liability assessments, waste tracking, and corporate sustainability reporting, among others. Hence, its solutions facilitate environmental regulatory compliance while ensuring efficient management of industrial waste and remediation of polluted land.
Roboot enables Pipeline Leak Detection
Founding Year: 2019
Location: Paris, France
Partner for: Pipeline Leak Detection, Preventive Maintenance
Roboot is a French startup that provides a pipeline leak detection solution for the oil & gas sector. The startup’s autonomous robot moves along the pipes in industrial plants to detect and localize gas or oil leakage. This, in effect, allows plant operators to identify wastage promptly. The robot also collects pipeline data that enables preventive maintenance. This is critical in facilitating waste management because O&G companies lose a massive amount of their product through pipeline leaks. Therefore, continuously monitoring the pipelines for leaks allows operators to ensure productivity, prevent toxic emissions, preserve infrastructure health, and save costs. In addition to the oil & gas sector, Roboot’s leak detection system serves the nuclear, pharmaceutical, and chemical industries.
Kanin Energy develops a Waste Heat-to-Power Conversion System
Canadian startup Kanin Energy creates a waste heat-to-power conversion system for natural gas compressor stations. The startup’s station-agnostic solution couples Organic Rankine Cycle (ORC) systems with waste heat. This closed system contains an organic fluid that heats up to drive the turbine and converts waste heat into electricity. As a result, gas compressor stations are able to use the generated power for daily operations and save energy costs. Since the startup’s waste heat-to-power solution is a zero-emission system, it improves the sustainability of gas compression and transportation. Such means of waste management further reduce environmental impacts while optimizing energy management for oil & gas companies.
MFNS Tech facilitates Oil Spill Cleanups
Founding Year: 2019
Location: Glenview, USA
Partner for: Oil Spill Cleanup
MFNS Tech is a US-based startup that develops sponges, socks, and booms, among others, for oil spill cleanups. The startup uses nanotechnology to produce a highly porous material with oleophilic and hydrophobic properties that collect oil. OHM Sponge is its primary product that is ideal for both small and large-scale oil cleanup and containment processes. In addition, the startup offers OHM Socks and OHM Booms with better mechanical and containment features for large-scale oil spills. Their efficient recovery characteristic enables oil drilling companies to collect spilled oil quickly from water and reprocess it, thereby reducing wastage. MFNS Tech’s solution provides oil companies with a cost-effective and environmentally friendly oil recovery solution.
CBE Eco-Solutions advances Carbon Waste Recycling
Founding Year: 2020
Partner for: Carbon Waste Recycling, Wastewater Treatment
Singaporean startup CBE Eco-Solutions recycles carbon waste from oil refineries. The startup’s double-sustainable solution upcycles carbon waste into high-value products such as activated carbon and vanadium pentoxide. The former finds use in wastewater treatment and air purification whereas the latter product serves as a raw material for vanadium flow batteries. Otherwise, the carbon waste finds its way to incinerators or landfills and, hence, contributes to emissions. CBE Eco-Solutions’ service, on the other hand, enables industrial plants to generate revenue from their sidestream while reducing carbon footprint significantly.
Discover All Emerging Oil & Gas Startups
The waste management startups showcased in this report are only a small sample of all startups we identified through our data-driven startup scouting approach. Download our free Oil & Gas Innovation Report for a broad overview of the industry or get in touch for quick & exhaustive research on the latest technologies and emerging solutions that will impact your company in 2022!