MTEM LIMITED
In 2001 Anton Ziolkowski, Bruce Hobbs and David Wright of the University of Edinburgh invented a new electromagnetic method to detect sub-sea and underground hydrocarbons. In 2003 they founded MTEM Ltd. to develop the technology and provide land and marine surveys to oil companies. In November 2004 MTEM Ltd. was launched from the University of Edinburgh with £7.4M of funding from three equal investors: HitecVision, Energy Ventures, and Scottish Equity Partners. MTEM Ltd. develop... ed and built systems to perform land and marine transient electromagnetic surveys that can identify hydrocarbons before drilling, thus reducing the risk of drilling “dry” wells and saving millions of dollars per well. In June 2007 Petroleum Geo-Services (PGS) bought MTEM Ltd. for $275M. The University of Edinburgh’s share of the sale was £8.6M, of which £2.6M funded 164 PhD studentships. PGS continues to develop the technology.
MTEM LIMITED
Industry:
Energy Management Market Research Oil And Gas
Founded:
2004-01-01
Address:
Edinburgh, Edinburgh, City Of, United Kingdom
Country:
United Kingdom
Total Employee:
1+
Status:
Active
Contact:
+441314663511
Total Funding:
7.4 M GBP
Current Advisors List
Investors List
EV Private Equity
EV Private Equity investment in Series A - MTEM Limited
HitecVision
HitecVision investment in Series A - MTEM Limited
Scottish Equity Partners
Scottish Equity Partners investment in Series A - MTEM Limited
More informations about "MTEM Limited"
MTEM Limited - Crunchbase Company Profile & Funding
MTEM Ltd. developed and built systems to perform land and marine transient electromagnetic surveys that can identify hydrocarbons before drilling, thus reducing the risk of drilling “dry” …See details»
MTEM Limited - Funding, Financials, Valuation & Investors
MTEM provides land and marine surveys to oil companies and develops electromagnetic methods to detect sub-sea and underground hydrocarbons.See details»
Petroleum Geo-Services acquires MTEM Limited - Crunchbase
Acquired Organization: MTEM Limited MTEM provides land and marine surveys to oil companies and develops electromagnetic methods to detect sub-sea and underground hydrocarbons. …See details»
MTEM LIMITED
INTRODUCTION. MTEM was the biggest-ever spin-off company from a Scottish University and the second-biggest spin-off from a UK university. The sale of MTEM Ltd. for $275M staggered …See details»
PGS to Acquire MTEM - Rigzone
Petroleum Geo-Services ASA ('PGS') has entered into a definitive agreement to acquire MTEM Limited ('MTEM'), a provider of electromagnetic (EM) services used to detect the presence of...See details»
MTEM Company Profile 2024: Valuation, Investors, Acquisition
Description. Provider of electromagnetic mapping services for onshore and offshore oil and gas reservoirs. The company develops electromagnetic services that produce resistivity profiles to …See details»
MTEM Ltd. - HitecVision
UK-based MTEM has developed a revolutionary new technology (Multi-Transient Electro-Magnetic) which produces resistivity profiles over prospective reservoirs to identify …See details»
PGS acquires MTEM Ltd. - Offshore
Jun 27, 2007 · OSLO, Norway -- Petroleum Geo-Services ASA will acquire MTEM Ltd. for $275 million. MTEM (multi-transient electro-magnetic) has a cable-based electromagnetic …See details»
MTEM LIMITED Company Profile | New Delhi, Delhi, India
Find company research, competitor information, contact details & financial data for MTEM LIMITED of New Delhi, Delhi. Get the latest business insights from Dun & Bradstreet.See details»
HitecVision exits MTEM - HitecVision
HitecVision Private Equity AS announced today the sale of its portfolio company MTEM Ltd. (MEM), the front runner within next-generation electromagnetic mapping (EM) services for …See details»
MTEM Ltd. - VentureRadar
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Anton Ziolkowski - SEG Wiki
In 2004 he cofounded MTEM Limited to identify the presence of subsea and underground hydrocarbons from electromagnetic surface measurements. He was MTEM’s technical director …See details»
REF Case study search
Petroleum Geo-Services (PGS) acquired MTEM Limited in 2007 and have since developed a fully- towed marine transient EM system for vastly improved data acquisition efficiency. A 2009 …See details»
MTEM Limited - Contacts, Employees, Board Members
MTEM provides land and marine surveys to oil companies and develops electromagnetic methods to detect sub-sea and underground hydrocarbons.See details»
Anton Ziolkowski Homepage – Professional Career Information
In 2004 he co-founded MTEM Limited, a spinout from the University of Edinburgh, and was MTEM’s Technical Director until 2007, when the company was bought by PGS, where he …See details»
Board of Directors :: Molecular Templates, Inc. (MTEM)
The first strategy, Santé Ventures, was founded in 2006 to create and finance innovative new healthcare and life science companies, including Molecular Templates as well as LDR Medical …See details»
A rebuttal to the Petronas CEO on clearing the air – MTEM
Apr 22, 2022 · Tengku Ngah Putra is the head of oil & gas cluster at Majlis Tindakan Ekonomi Melayu (MTEM), an umbrella organisation representing over 50 Malay economic NGOs at the …See details»
MTEM Limited - Tech Stack, Apps, Patents & Trademarks
MTEM provides land and marine surveys to oil companies and develops electromagnetic methods to detect sub-sea and underground hydrocarbons.See details»
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Contract Year 2026 Policy and Technical Changes to the Medicare ...
2 days ago · Given the growing use of AI within the health care sector, such as, but not limited to, AI-based patient care decision-support tools, we believe it is necessary to ensure that the use …See details»