Gaule: Give a brief description of the purpose of your venture, when it was formed and how the process occurs in your organisation.

Van de Wouw: Shell Technology Ventures is probably the first cor-porate venture organisation in oil and gas. We started our activities in 1998. We have gone through several phases and formations of Shell Tech-nology Ventures. We set up a new fund last year of considerable size, probably making us the largest oil and gas corporate venturing fund.…