World’s biggest oil group invests in Aberdeen company
- Date: 11-Apr-2023
- Source: Energy Voice
- Sector:Oil & Gas
- Country:Saudi Arabia
World’s biggest oil group invests in Aberdeen company
A UK firm – that specialises in monitoring pipelines and vessels – has secured backing from the world’s largest oil company.
A recent funding round led by Saudi Aramco, through its Aramco Ventures arm, took Inductosense’s total amount raise to more than $10 million.
Headquartered in Bristol, the technology developer opened its Aberdeen office in 2018, and works with a number of major oil and gas companies.
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