In this SPE Live, we discuss the challenges faced by startups and innovative entrepreneurs in the oil and gas industry, as well as funding options available to them.
One of the main challenges faced by startups in the oil and gas industry is the high capital costs and long development cycles associated with the industry. Other challenges include navigating complex regulations and the need to build relationships with established industry players. Regarding funding options, the conversation will explore different routes such as venture capital, angel investment, government grants, and strategic partnerships with established companies in the industry.
The SPE Live also delves into the SPE ATCE startup village, an initiative that supports and connects startups with industry leaders, providing a platform for startups to showcase their technology and network with potential investors and customers.
Finally, we discuss the importance of startups in promoting innovation in the oil and gas industry, provide some fresh perspectives and discuss how disruptive technologies that can transform the industry and drive progress toward a more sustainable future.
Speakers:
• Bryant Mueller, Area Director of Sales, Aspen Technology.
• Ian Dickinson, CEO, Longpath Technologies.
• Aaron Lazarus, Pioneer Natural Resources
Moderated by Nayeem Chowdhury, Head of CCUS at Project Canary.
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