corporate venturing perspectives on external innovation by cory steffek, man.dir, saudi aramco...
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Upstream Oil and Gas
Downstream and Petrochemicals
Renewables, Efficiency and
Water
Technology&Focus&Areas4
Saudi&Aramco&Energy&Ventures4
Houston
Dhahran
Oslo
Aberdeen
Seoul Tokyo
Mission!!To!invest!globally!in!start0up!and!high0growth!companies!with!technologies!of!strategic! importance! to!Saudi!Aramco,!and! to!accelerate! their!development!and!deployment!within!the!company!
Our&Value&Proposition4SAEV!aims!to!be!a!value0adding!strategic!investor,!suppor>ng!its!por?olio!companies!throughout!their!development!
Piloting and deployment opportunities Access to technical expertise
A global network Team of experienced VC professionals
Investment&Portfolio&4Upstream
• CO20to0polyols!and!CO0to0acrylics!• 20%!cash!cost!benefit!on!acrylics!
• Natural!gas!to!ethylene!• Cost!advantage!vs.!propane!or!naphtha!cracking!
• Material0based!solu>ons!for!cataly>c!processes!• Value!upliJ!!
Renewables & Efficiency
• Power!distribu>on!grid!op>miza>on!
• Savings!in!fuel!costs!for!KSA0wide!deployment!
Downstream
• Autonomous!inflow!control!valve!• Improves!reservoir!drainage!
• Direc>onal!coiled!tubing!drilling!!!• Lower0cost!technology!!!
• Ar>ficial!liJ!–!ESP!• Savings!in!eliminated!rig!>me!
• Real0>me!drilling!decision!support!• Increase!drilling!produc>vity!
• Enterprise!soJware!for!wearable!devices!• Reduc>on!in!drilling!down>me!!
• Hole!enlargement!and!extended!reach!drilling!tools!