SMART MONEY TARGETS OIL AND GAS TECHNOLOGY
July 1st, 2013
THESE are brighter days for oil and gas technology entrepreneurs as investors ranging from business angels through venture capitalists, private equity firms and the corporate venture wings of exploration and production (E&P) majors show renewed appetite to back bright ideas with global applications.“Recent [venture capital and private equity] fundraising successes suggests the market for raising funds for oil and gas technology [O&G] is back after a trying period,” said Ole Melberg, managing partner of Energy Ventures (Stavanger, Norway), a long-term ...
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