• 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

Open Campaign

Reduced use of water in onshore operations

DEADLINE: 24 Sep 2015Challenge promotion image
We are seeking innovative technologies to reduce the use of fresh water during the completion and production phases. By identifying solutions that will reduce the number of truck loads required

Previous campaign

Reduced use of sand in onshore operations

Previous campaign

Noise challenge

Previous campaign

Hywind installation challenge

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

  • Statoil Technology Invest (STI) and Aarbakke Innovation AS have together acquired 35% of the shares in TechInvent AS.

  • On the 28th of April Statoil Technology Invest (STI), in collaboration with Oiltech, hosted a seminar where 27 innovative technology start-up companies within the oil and gas service industry had the opportunity to present their technologies to potential investors.

  • HOUSTON, TX – July 14, 2015 – Today, Hicor Technologies, Inc. announced that it has closed its Series B financing round, which continues the funding of its development and commercialization efforts. The most recent funding was led by Statoil Technology Invest and also supported by existing investors Energy Ventures, Chevron Technology Ventures, and Mertz Holdings. Hicor Technologies is developing a game-changing technology that enables wet gas compression while decreasing the complexity, cost, and energy required... "

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

  • Statoil Technology Invest (STI) and Aarbakke Innovation AS have together acquired 35% of the shares in TechInvent AS.

  • On the 28th of April Statoil Technology Invest (STI), in collaboration with Oiltech, hosted a seminar where 27 innovative technology start-up companies within the oil and gas service industry had the opportunity to present their technologies to potential investors.

  • HOUSTON, TX – July 14, 2015 – Today, Hicor Technologies, Inc. announced that it has closed its Series B financing round, which continues the funding of its development and commercialization efforts. The most recent funding was led by Statoil Technology Invest and also supported by existing investors Energy Ventures, Chevron Technology Ventures, and Mertz Holdings. Hicor Technologies is developing a game-changing technology that enables wet gas compression while decreasing the complexity, cost, and energy required... "

  • Investment updates


    Our Community

    Join our Energy innovations by Statoil group on

    members from countries

    To post and view the discussions you need to login with your LinkedIn account. If you don't have a LinkedIn account you can create one here