Saudi Aramco Energy Ventures, the corporate venturing unit owned by oil and gas producer Saudi Aramco, has invested an undisclosed sum in Target Intervention, a Norway-based developer of coiled tubing technology for oil and gas wells. The capital will support the development and commercialisation of the technology, which enables electric drillers to complete complex intervention operations more quickly, as it is prepared for field trials.
Japan-based digital media distributor Breaker raised an undisclosed amount from Gumi Ventures, the corporate venturing…