• STI
    Statoil Technology Invest (STI) is constantly looking for small companies with great ideas. We provide expert technical and financial guidance as well as project based or venture capital funding.

Innovate is Statoil's channel dedicated to challenge-driven open innovation

Statoil is an international energy company committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. In Statoil Innovate, we focus on connecting with institutions and companies, big and small, that can help us find solutions to concrete business challenges. Do you have a proposal for how to apply new solutions to our context in a pioneering way? Welcome to Statoil Innovatel

Active campaign

Hywind Installation challenge

Previous campaign

Noise challenge

Previous campaign

Inspection challenge

Open Campaign

HYWIND® installation

DEADLINE: 15 Sep 2014Challenge promotion image
HYWIND® – Statoil’s floating wind turbine concept – is designed to capture wind energy offshore with minimal environmental impact. To make Hywind available in more markets and even more cost efficient, we would like to improve assembly and installation.

Previous challenge

Reduce noice
Noise on all our installations is a challenge we take seriously at Statoil. It's a challenge for the whole industry, that is increasing with changes in well pressure and other characteristics, and also with the complexity of interconnected compressors, pipes and valves. We are constantly working to reduce noise and improve the working environment. To complement this work we now want to engage more companies and individuals, inside and outside our industry. Do you have an insight or idea that can help us solve the noise challenge?

  • STI portfolio company Fishbones was awarded the SME Innovation Award at the ONS conference in Stavanger Tuesday.

  • Statoil Technology Invest - commercialising technologies within the oil and gas industry

    Statoil recognizing the need to support SMEs, particularly during the first critical years before their technologies have achieved commercial success, formed Statoil Technology Invest (STI) to provide expert technical and financial guidance as well as project based or venture capital funding. STI is staffed with Statoil employees with experience in venture, M&A and developing oilfield technology companies.

  • About Us and the Challenges Ahead

    Over four decades, Statoil has become one of the world’s most technologically advanced companies. Our ability to quickly adopt new technology and solutions has led to us becoming one of the largest offshore oil and gas producers. However, the world is changing, and the oil and gas industry is facing numerous new challenges. Project portfolios are becoming more challenging, technologically complex and costly as companies shift from conventional assets to unconventionals and more complex offshore developments. Sma... "

  • LOOP program

    STI's LOOP program provides project specific funding, technical expertise and access to pilot wells without taking an ownership stake in the company. Companies applying for LOOP funding can in many cases have other commercial technologies but require Statoil's technical expertise and financing to accelerate the development of a specific new technology of interest to Statoil.

  • STI portfolio company Fishbones was awarded the SME Innovation Award at the ONS conference in Stavanger Tuesday.

  • Statoil Technology Invest - commercialising technologies within the oil and gas industry

    Statoil recognizing the need to support SMEs, particularly during the first critical years before their technologies have achieved commercial success, formed Statoil Technology Invest (STI) to provide expert technical and financial guidance as well as project based or venture capital funding. STI is staffed with Statoil employees with experience in venture, M&A and developing oilfield technology companies.

  • About Us and the Challenges Ahead

    Over four decades, Statoil has become one of the world’s most technologically advanced companies. Our ability to quickly adopt new technology and solutions has led to us becoming one of the largest offshore oil and gas producers. However, the world is changing, and the oil and gas industry is facing numerous new challenges. Project portfolios are becoming more challenging, technologically complex and costly as companies shift from conventional assets to unconventionals and more complex offshore developments. Sma... "

  • LOOP program

    STI's LOOP program provides project specific funding, technical expertise and access to pilot wells without taking an ownership stake in the company. Companies applying for LOOP funding can in many cases have other commercial technologies but require Statoil's technical expertise and financing to accelerate the development of a specific new technology of interest to Statoil.

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