Partnership to support energy tech startups

EUNIKE Ventures has joined forces with a trio of oil and natural gas operators with an eye toward identifying start-up technologies that could result in industry breakthroughs and innovations.

Anadarko, Equinor Technology Ventures, and Hess Corporation are partnering with EUNIKE to form the Houston-based alliance, called a Hybrid Accelerator for Energy Technology.

“This is consistent with our mission to accelerate the way Anadarko adopts emerging technologies,” Sanjay Paranji, Anadarko vice president and Chief Technology Officer, said. “Instead of learning individually, we view the alliance with our peer operators as a way to collectively share knowledge and rapidly innovate. We are excited about the potential this collaboration holds.”

The work seeks to identify, screen and rapidly pilot/deploy emerging technologies. The collaboration is an industry first, officials said.

“Technology can be a game-changer for us, especially by finding and adopting innovative approaches faster,” Rob Fast, Hess Corporation chief technology officer, said. “We’re encouraged by what we have seen so far and believe this unique collaboration can help deliver solutions that increase productivity and create superior value for our shareholders.”

EUNIKE Ventures CEO Amy Henry said working with experts who have operational experience in integrating oil and gas products and services is critical.

“We can help facilitate technology trials that are done right with process safety in mind and minimal disruption to ongoing operations,” she said.