Technologies identified for funding by CRIN for emissions reduction and improved safety in oil & gas
January 26, 2022
Two Evok portfolio companies, SensorUp and VEERUM, were identified as recipients for funding awards through CRIN’s $80 million Oil and Gas Technology Competitions.
The six successful projects announced today were applicants in CRIN’s Digital Oil and Gas Technology Competition, the first of the three competitions to be announced. Additional projects in the Low Emissions Fuels and Products competition, and the Reducing Environmental Footprint competition will be announced in the coming weeks. Total funding of up to $80 million will be distributed across the three competitions. Each competition focuses on specific objectives within the priority environmental and economic theme areas defined by industry.