In the US, new technologies in the oil industry are boosting financial operations in the sector.
01/07/2014
Diego Gutiérrez
In the US, new technologies in the oil industry are boosting financial operations in the sector.
In recent years, the entry of new technology in the oil and gas sector and the recovery of the US as the leading oil and gas producer has encouraged venture capital to invest in the sector, which in the last half of 2013 reached its highest investment figure, with a total of $149M in 10 deals. In addition, thanks to foreign buyers, and the use of new technologies to extract shale gas, the shale gas market has become more attractive to foreign investors. M&A transactions and acquisitions reached its highest volume in the last decade in the first quarter of 2014.

Major funding rounds in the Sector in recent years

GlassPoint Solar Inca leader in enhanced oil recovery closed a $26M round. The round incorporated a new inverter strategic, the group Royal Dutch Shell plcone of the world's biggest oil companies, as well as  investors leading energy companies such as RockPort Capital, Nth Power and Chrysalix Energy Venture Capital.

Fotecha company dedicated to acoustic monitoring with applications in the oil and gas industry for the purpose of leak detection, closed a $12.9M round in 2008 in which it participated. Scottish Equity Partners, Energy Ventures and Shoaibi Group.

Primus Green EnergyPrimus Green Energy, which develops new technology to produce alternative fuels from carbon-rich materials, raised $7M last year. In total Primus Green Energy has already completed 6 rounds of financing, raising a total of $85M.

Market of M&A transactions and acquisitions USA

  The first quarter of 2014 has seen the highest volumes in the sector for 10 years, with an increase in foreign buyers and deals in the shale extraction sector. 
The compradores A total of 12 foreign deals were done in the first quarter of 2014, a total of $8300M, a figure 42% higher than the same period in the previous year.

Within the extraction-related activities, shale extraction has been quite important, with 14 operations in the sector totalling $5.7 billion.

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