seeking impactful tech

Transocean calls for energy innovators, extends deadline for submissions

Transocean is looking for Houston innovators to help them on their decarbonization journey. Photo via Transocean

A major energy corporation has put its feelers out for Houston innovators solving for challenges within the decarbonization of offshore drilling operations.

Transocean, a Switzerland-based offshore energy leader with its United States headquarters in Houston, kicked off its Transocean Open Innovation Challenge this fall. The original deadline has been extended to December 15, and the program is in partnership with the Ion. The submission page is available online.

"Ion is proud to partner with Transocean, a global leader in offshore drilling, to launch this exciting challenge that invites startup companies, academics and entrepreneurs to contribute their innovative ideas with the potential for pilot opportunities and deep-dive engagements with Transocean in the future," reads a statement from the Ion. "Finalists will have the opportunity to pitch their ideas in front of a live audience, and the winning team may be awarded a pilot project with Transocean, offering a real-world testing ground for your innovative solutions."

Finalist selection will be hosted digitally in February, and the demo day and winner announcement will be in March at the Ion. The winner will have the potential opportunity to run a field trial with Transocean,

According to Transocean, the objections for the program are:

  • To engage as a customer to identify innovative technologies that allow us to physically reduce the carbon footprint of our offshore well construction operations
  • To explore novel and proven concepts that are ready or nearly ready to pilot
  • To discover providers, technology and solutions that are outside our core business, oil and gas exploration and drilling

For more information, please contact Ragen Doyle, corporate engagement Officer, at rdoyle@ionhouston.com.

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A View From HETI

Ten climatetech startups were named most-promising at this annual Rice Alliance Energy Tech Venture Forum. Photo courtesy Rice Alliance.

Investors at the Rice Alliance Energy Tech Venture Forum have named the 10 most-promising startups among the group of 100 clean tech companies participating in the event.

The 22nd annual event was held yesterday, Sept. 18, at Rice University’s Jones Graduate School of Business and was part of the second Houston Energy and Climate Startup Week.

The most-promising startups will receive $7,000 in in-kind legal services from Baker Botts.

The 10 most-promising companies included:

  • Houston-based Xplorobot, which has developed laser gas imaging technology for the first handheld methane detection device approved by the EPA as an alternative test method
  • Seattle-based Badwater Alchemy, a desalination company that uses nano materials to purify saline water at a fraction of the cost of traditional methods
  • San Francisco-based Ammobia, which is developing a clean ammonia production process
  • Illinois-based Celadyne Technologies, which is building hydrogen for industrial decarbonization with durable and efficient fuel cells and electrolyzers
  • Massachusetts-based MacroCycle Technologies, which converts plastic waste in the form of bottles, food trays and polyester textiles into virgin-grade mPET resin
  • Yorkshire, England-based AtoMe, a global developer of zero-carbon fertiliser products
  • Colorado-based Advanced Thermovoltaic Systems (ATS) Energy, a renewable energy semiconductor manufacturing company
  • North Carolina-based Lukera Energy, which is converting waste methane into high-value fuel
  • Midland, Texas-based AI Driller, a company that uses AI and machine learning to enable remote operations and provide historical drilling data for survey management, anti-collision monitoring and iob reporting
  • New York-based Fast Metals Inc., which has developed a chemical process to extract valuable metals from complex toxic mine tailings that is capable of producing iron, aluminum, scandium, titanium and other rare earth elements using industrial waste and waste CO2 as inputs

Arculus Solutions won the People's Choice Award. The New Jersey-based company retrofits natural gas pipelines for safe hydrogen transportation. It also won Track A: Hydrogen, Fuel Cells, Buildings, Water, & Other Energy Solutions at the Energy Venture Day and Pitch Competition during CERAWeek earlier this year.

The 100 energy technology ventures selected to participate in the forum were named earlier this year. See the full list here.

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