Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the oil & gas (O&G) industry. This time, you get to discover five hand-picked oil & gas risk management startups.
Out of 355, the Global Startup Heat Map highlights 5 Top Oil & Gas Risk Management Startups
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering 2 093 000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 355 exemplary startups & scaleups we analyzed for this research. Further, it highlights five O&G startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these five startups & scaleups in this report. For insights on the other 350 oil and gas risk management solutions, get in touch with us.
Blue Gentoo facilitates Gas Hydrate Risk Management
Founding Year: 2017
Location: Aberdeen, Scotland
Funding: USD 135 000
Partner for Well & Pipeline Condition Monitoring
Blue Gentoo is a Scottish startup that simplifies hydrate management during gas production. The startup’s solution continuously monitors well and pipeline conditions to alert operators of potential threats. Besides, it optimizes chemical inhibitor usage for hydrate management, saving operational expenditure (OPEX). More importantly, this risk-based approach allows O&G companies to ensure flow assurance, increase production availability, and reduce methanol contamination.
Dragos advances Operational Technology (OT) Security
Founding Year: 2016
Location: Hanover, US
Funding: USD 200 M
Use this solution for Industrial Cyber Threat Detection
Dragos is a US-based startup that offers OT cybersecurity solutions for the oil and gas industry. The startup’s platform, Dragos Platform, analyzes various data sources, such as network traffic, asset characterizations, and host logs, to identify malicious behavior. Besides, it offers visibility into the OT environment, provides an in-depth context of alerts, and reduces false positives. Dragos Platform also features regularly updated industrial device data, intelligence-driven analytics, and prescriptive guidance. These allow oil and gas companies to investigate and respond to cybersecurity threats in industrial control systems (ICS).
QLM Technology provides O&G Emissions Monitoring
Founding Year: 2017
Location: Bristol, UK
Funding: USD 4 M
Innovate with QLM Technology for Methane Emission Mapping
UK-based startup QLM Technology provides Tunable Diode Lidar (TDLidar), a gas sensor for gas emissions monitoring. It leverages quantum imaging and open path gas measurement techniques like differential adsorption lidar (DIAL) to quantify and visualize methane emissions from oil and gas production plants. TDLidar thus replaces existing survey-based, labor- and time-intensive emission detection methods. Moreover, the real-time data allows oil and gas facilities to quickly map leakage points and identify flow rates, enabling compliance with emission monitoring standards and net-zero production.
Xona Systems enforces Critical Infrastructure Security
Founding Year: 2017
Location: Annapolis, US
Funding: USD 2 M
Partner for ICS Access Control
Xona Systems is a US-based startup that offers critical infrastructure security solutions for oil and gas operations. Its user access platform, Critical System Gateway (CSG), leverages zero-trust architecture and multi-factor authentication to ensure the safety of remote connections. The startup also offers an access manager, Remote Operations Access Manager (ROAM), to configure its CSGs. These solutions allow O&G companies to provide remote access to industrial control systems without associated cyber risks. Consequently, they improve human-human and human-machine collaboration at oil and gas production facilities, saving time and optimizing plant operations.
Heuristech simplifies Pipe Delamination Detection
Founding Year: 2018
Location: Strasbourg, France
Funding: USD 120 000
Reach out for Preventive Corrosion Management
French startup Heuristech offers Differential Reflectometry Mapping (DRM), a proprietary solution to detect delamination in buried pipelines. It uses reflectometry to detect, localize, characterize, and grade corrosion defects. Unlike conventional direct current voltage gradient (DCVG) surveys, the impedance of delamination is very low when measured with DRM. This significantly improves the efficiency of corrosion analysis and provides oil and gas companies with more precise information on their pipeline network to optimize labor and maintenance operations.
Discover more Oil & Gas Startups
Oil & gas startups such as the examples highlighted in this report focus on cybersecurity, asset monitoring, as well as emissions tracking. While all of these technologies play a major role in advancing the industry, they only represent the tip of the iceberg. To explore more oil & gas technologies, simply let us look into your areas of interest. For a more general overview, download our free Oil & Gas Innovation Report to save your time and improve strategic decision-making.