• 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?

  • 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.

  • Statoil Technology Invest (STI) and Cardo Partners AS have acquired respectively 18% and 4% of the shares in the Trondheim based company Hybond AS. The company has developed a new cold-welding process for joining aluminium, based on significant research by the Norwegian University of Science and Technology (NTNU), where Langset AS is majority shareholder.

  • Statoil Technology Invest and Scottish Enterprise have formed a strategic partnership to encourage small- and medium-sized enterprises (SME) in Scotland to invest in R&D and technology development.

  • About Us and the Challenges Ahead

    Today the energy industry is battling with the most daunting challenges it has ever faced. Demand is increasing rapidly, while the traditional sources of fossil fuels are diminishing. This coupled with the drive to reduce carbon emissions is pushing the industry to search for radically different solutions. Small businesses have been identified as being responsible for >50 percent of the innovations and >90 percent of all "radical innovation". It's no coincidence therefore that Statoil is looking at Small to Medium ... "

  • 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.

  • Statoil Technology Invest (STI) and Cardo Partners AS have acquired respectively 18% and 4% of the shares in the Trondheim based company Hybond AS. The company has developed a new cold-welding process for joining aluminium, based on significant research by the Norwegian University of Science and Technology (NTNU), where Langset AS is majority shareholder.

  • Statoil Technology Invest and Scottish Enterprise have formed a strategic partnership to encourage small- and medium-sized enterprises (SME) in Scotland to invest in R&D and technology development.

  • About Us and the Challenges Ahead

    Today the energy industry is battling with the most daunting challenges it has ever faced. Demand is increasing rapidly, while the traditional sources of fossil fuels are diminishing. This coupled with the drive to reduce carbon emissions is pushing the industry to search for radically different solutions. Small businesses have been identified as being responsible for >50 percent of the innovations and >90 percent of all "radical innovation". It's no coincidence therefore that Statoil is looking at Small to Medium ... "

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