BP Ventures is set up to grow new energy businesses, in our core businesses in the upstream, downstream and alternative energy and in five new areas:
Advanced mobility; Power and storage; Carbon management; Bio and low carbon products; Digital transformation.
We have invested over $400 million dollars in more than 40 companies with technologies and innovations that will materially impact BP and global energy systems.
The product acts synergistically with surfactants to lower interfacial tension and the micelle concentration leading to increased performance and reduced costs.
Fibre optic Distribution Acoustic Sensing for monitoring pipelines and downhole operations: fracture monitoring, production logging and leaf detection.
Versatile plugging solution based on deploying a liquefied metal alloy downhole to plug leaks and control water or gas production.
Nanolaminated materials to improve the structural, corrosion and high temperature performance of coatings, bulk materials and parts.
Develops, manufactures and operates solutions for desalination, brine management and chemical recovery applications.
Innovative gravity and rate gyro sensor primarily for water-flood and flood-front monitoring and control.
Market maker for car sharing schemes, providing vehicles, insurance and maintenance to ride sharing platforms.
Truck platooning and autonomous vehicle technology for fuel efficiency in commercial vehicles.
Creating genomic-driven commercial solutions to meet the growing demand for critical resources such as energy, clean water, food and medicine.
Proprietary technology to create high quality, durable acetylated wood products for use in building, home and construction markets.
Energy recovery schemes for commercial vehicles using hydraulics.
Connected car predictive maintenance telematics for consumers and small businesses.
Consumer facing portal for auto repair.
Solutions for electric vehicle charging and mobile distributed power.
Creates biogas by gasification of household wastes.
On-demand jet charter marketplace.
Developing various ultra-fast charging battery applications including mobile devices and electric vehicles.
Develops and builds solar thermal power generation plants.
High yielding, nutient-efficient drought tolerant crop optimised for agriculture or bio-industrial processes that create renewable chemicals, materials and fuels.
Screw expander that recovers energy from wet steam or two-phase fluids to generate electricity.
Converts carbon dioxide emissions to solids for long-term storage.
Developing next generation building materials that consume, not generate, CO2 in the production process.
A leading artificial intelligence and cognitive computing company.
Platform for seamless digitization of commodities from existing operational data to create “Digital Feedstock”, digital representations of produced units in real-time.
Developing electricity sensor and comprehensive AI-based electricity data intelligence platform.