This website is using a security service to protect itself from online attacks. The Oil & Gas Technology Centre has launched TechX Ventures to create start - ups that can help drive the industry towards a sustainable future . The scheme is being developed in partnership with Deep Science Ventures ( DSV ) , which has already recruited three teams of scientists and engineering experts . Each team will work on one of three themed areas – carbon negative operations , automated oil and gas and energy efficiency . Any start - ups created through the TechX Ventures will then join the TechX Pioneer accelerator programme , which will offer up to £ 100,000 ( $ 150 ) in funding .
The Oil & Gas Technology Centre has launched TechX Ventures to create start - ups that can help drive the industry towards a sustainable future . The scheme is being developed in partnership with Deep Science Ventures ( DSV ) , which has already recruited three teams of scientists and engineering experts . Each team will work on one of three themed areas – carbon negative operations , automated oil and gas and energy efficiency . Any start - ups created through the TechX Ventures will then join the TechX Pioneer accelerator programme , which will offer up to £ 100,000 ( $ 150 ) in funding .