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Published on : Saturday, November 9, 2013
Showcasing innovative new technology and introducing innovators to investors are two vital aspects in an exciting new feature area at Oceanology International (ExCeL London, 11-13 March 2014), the biennial global forum where industry, academia and government share knowledge and connect with the marine technology and ocean science community, improving their strategies for measuring, exploiting, protecting and operating in the world’s oceans.
“The new Innovation Zone will showcase out-of-the-box solutions and game-changing ideas that will help shape the future of offshore and subsea technology,” explains Event Director, James Coleman of Reed Exhibitions. “These innovations could provide the solution to challenges such as reducing capital expenditure or downtime; improving operational efficiency, or impact on health, safety and the environment (HSE), or accuracy; increasing production or inspiring new ways of operating.
“The Zone provides the ideal opportunity for entrepreneurs, universities, inventors and small businesses to showcase their new innovations by means of video product demonstrations, as well as the chance to present their new concept in the Innovation Theatre to professionals from marine science and ocean technology related sectors from around the world. In 2012 over 7,600 attended from more than 70 countries.
“That’s not where the initiative ends,” he adds. “We are delighted to also introduce the ‘Meet the Investors’ workshop and one-to-one meetings with investors as the vital other side of the coin, and held in collaboration with the Oiltech Investment Network.”
Jessica Rouse who manages the Oiltech Investment Network on behalf of OTM Consulting adds “Innovators need to get their technology or service to market in the fastest and most effective way and for that they need industry specific advice and expertise in tracking down funding, that’s what this exciting OI and Oiltech introduction will help them do ‘Meet the Investor’ workshop and individual meetings The OI 2014 ‘Meet the Investor’ workshop includes a half-day free-to-attend seminar programme for all visitors aimed at providing industry specific advice and expertise for innovators in the upstream oil and gas sector seeking partner funding. The workshop will combine presentations by guest speakers from Oiltech Investment Network members highlighting global technology needs; and keynote presentations describing alternative routes to funding, and information on Venture Capital (VC) and Private Equity (PE) funding.
Importantly too it will provide opportunities to network with service providers such as IP attorneys, finance advisors and accountants, other entrepreneurs and key advisors within the E&P technology sector.
In addition to this, those actively seeking funding with the exploration and production (E&P) and oilfield service sector can apply to join one-to-one meetings with specialist oil and gas investors. Again, this is free to attend, but subject to acceptance by the Oiltech Investor Panel. Applications will then be assessed and invitations issued to the successful candidates.
The Oiltech Investment Network was established in 2010 by leading global investors in
upstream oil and gas technologies to encourage the uptake of innovative products.
Network members include Altira Group, BP Technology Ventures, Chevron Technology
Ventures, Energy Ventures, Investinor, Lime Rock Partners, Saudi Aramco Energy
Ventures, Shell Technology Ventures, Statoil Technology Invest, and Viking Venture,
between them these organisations have invested more than $1 billion in over 80 oil and gas
technology companies over the past five years. The network is managed by OTM
Consultingthe premier firm of technology management consultants in the oil and gas
Source:- Oceanology International