Chevron pipeline Ventures will fund pipeline inspection firms , Ingu Solutions and Rheidiant , as part of its Catalyst initiative to accelerate early - stage technologies for the oil and gas industry . Ingu 's Pipers uses sensors to detect leaks , defects and accidents that threaten the performance and safety of pipelines . The technology enables pipeline operators to carry out preventative maintenance more efficiently , reducing inspection and repair costs . Meanwhile , Rheidiant 's Smart Sign leak detection system uses acoustic sensors to help companies monitor pipeline failures . The companies will receive funding once they reach milestone targets .
Chevron Technology Ventures will fund pipeline inspection firms, Ingu Solutions and Rheidiant, as part of its Catalyst Program to accelerate early-stage technologies for the oil and gas industry. Ingu's Pipers uses sensors to detect leaks, defects and deposits that threaten the performance and safety of pipelines. The technology enables pipeline operators to carry out preventative maintenance more efficiently, reducing inspection and repair costs. Meanwhile, Rheidiant's Smart Sign leak detection system uses acoustic sensors to help companies monitor pipeline leaks. The companies will receive funding once they reach milestone targets.