Discover the opportunity for innovation that the oil and gas sector offers in London, England. With both sectorial shifts and global advancements in technology, a number of startups are pushing boundaries and redefining what’s possible. Here at UKT.news, we aim to keep a close eye on these game changers, from their inception to their market entry and beyond. In this feature, we will be taking a look at fifteen exciting London-based oil and gas ventures making their mark in the industry.
These enterprises span various niches within oil and gas, from tech-based solutions, to recruitment, and even towards responsible and green energy. Each of these startups not only represent the resilience and ingenuity of the UK’s oil and gas sector, but they also demonstrate a clear dedication to environmental sustainability and the drive towards renewables. Without further ado, let’s dig into these fifteen startups that are reshaping the industry.
Note: The industries listed represent the application of each startup in various sectors.
BIG Atom
BIG Atom is a recycling company founded by Alexander Guslisty and Toby Moss, dedicated to ending polymer waste. They develop, build and operate new generation infrastructure for processing waste, applying knowledge from Chemical Engineering, Environmental Engineering, Industrial Engineering, Mechanical Engineering, Oil and Gas, Recycling, and Waste Management.
BLOC-X
BLOC-X, an electronic trading software provider for OTC Oil Block Future markets, reduces transaction costs by up to 90%. Conceived by Andrew Toumazi, the firm’s work spans the Energy, Oil and Gas, Software, and the Trading Platform industries.
Bow Resources
Bow Resources is an energy market-focused manpower solutions provider. It was founded by Ben Carlisle and Ian Balcomb, specialising in renewable energy and oil and gas industries.
n3rgy
n3rgy provides digital services to businesses taking advantage of the transforming energy market. It operates primarily within the Energy and Oil and Gas industries.
Proco Commodities
The team at Proco Commodities are industry and functional experts. They operate across the global energy and commodities supply chain in the Energy, Energy Efficiency, Oil and Gas, Risk Management, Supply Chain Management, and Trading Platform industries.
Empiricai
EmpiricAI, a company founded by Zafar Khan, develops advanced analytics software leveraging CV, AI, and data to empower enterprises. They have a diverse range of applications, including the Artificial Intelligence, Chemical, Construction, Electronics, Food and Beverage, Machine Learning, Marine Transportation, Oil and Gas, Software, and Warehousing sectors.
CPEC.ai
CPEC.ai was founded by Barry Borhani and Peyman Moh, providing Capital Project Effective Control through Artificial Intelligence. They work within the Artificial Intelligence, Infrastructure, Machine Learning, Oil and Gas, and Project Management industries.
Cognitive Business
Artificial intelligence solutions to help the industrial world learn from its data is at the forefront of what Cognitive Business does. Co-founded by Christopher Fraser, Thomas Humphries, and Ty Burridge-Oakland, they span several industries such as Artificial Intelligence, Biomass Energy, Consulting, Industrial Engineering, Machine Learning, Oil and Gas, Renewable Energy, Software, Solar, and Wind Energy.
Circle Gas
Circle Gas is an oil & natural gas company co-founded by Francisco Sebastian Rodriguez Sanchez and Volker Schultz. They also operate in the Internet of Things sector.
NEO Energy
NEO Energy focuses on creating value from the prospective North Sea basin with high Environmental, Social, and Governance standards. The company operate in the Environmental Engineering and the Oil and Gas sectors.
Process Risk Consulting
Offering Process Safety Engineering Consultancy, Process Risk Consulting focuses on the Chemical, Chemical Engineering, Oil and Gas, and Risk Management industries.
Hartshead Resources
Hartshead Resources is a privately-owned UK company building a European Energy business. They focus on being financially, technically, and environmentally responsible within the Oil and Gas industry.
DeepWaters AI
Co-founded by Ahmed Maqbool and Massoud Maqbool, DeepWaters AI use satellite data and AI for finding underground drinking water and pipe leaks. They operate within the Artificial Intelligence, Information Technology, Oil and Gas, Waste Management, and Water sectors.
STRYDE
STRYDE, founded by Michael Popham, is a company which specialises in visualising the subsurface of any terrain. They work within the Image Recognition, Information Technology, and Oil and Gas industries.
General Index
Founded by Neil Bradford, General Index is an alternative to traditional Price Reporting Agencies. They strive for more transparency within the market and operate in the Information Services and Oil and Gas industries.
As we can see, the London oil and gas scene is a thriving hub of innovation. These startups are propelling the industry forward with cutting-edge solutions and sustainable approaches. Moving forward, it’ll be exciting to see how these startups continue to shape the oil and gas landscape in the UK and beyond.
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