Statoil Technology Invest, the corporate venturing unit of Norway’s main oil producer, has invested an undisclosed amount in Octio, a local company providing Ethernet internet connections on the seabed to monitor oil wells. Bjarte Fageras, chief executive of Octio, said: “Having Statoil as the main shareholder during the market introduction phase of our ReM [reservoir…
The rest of this content is only accessible to Global Venturing Subscribers.
This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.
