SHELL TECHN O LO G Y VEN TURES RO LE O F CO RPO RATE VEN TURE CAPITAL IN O IL & G AS IPAA presentation Jan 29 th, 2015 G eert van de W ouw, Managing Director Shell Technology Ventures G eert.vandewouwshell.com Copyright of…
INTRODUCTION SHELL TECHNOLOGY VENTURES (STV) First O &G corporate venturing fund (1998) Fund 2 raised in 2013 11 investments to-date O &G , renewable energy and IT Balance between direct returns and deployment value Focus on…
TECHNOLOGY MATURATION IN OIL & GAS 30+ YEARS GTL DEVELOPMENT TODAY n Pearl G TL Q atar 1993 140,000 bbl/ d n Bintulu Malaysia 1983 current capacity 14,700 bbl/ d n Pilot plant Amsterdam 1973 3 bbl/ d n Laboratory…
WHY WE DO CORPORATE VENTURING o Some smart people have escaped us o Speed and cost of innovation o Competition with internal R&D o First mover advantage o Eyes and ears to spot disruptive market trends o Building a portfolio of…
WHAT DO WE OFFER THE ENTREPRENEUR Pilots and 10,000s of Test Access to Supply Facilitate Financing demos + technical laboratories customer chain exits launching experts and Joint base network customer R&D (low cost manuf.…
WELLDOG: RESERVOIR RAMAN SPECTRSOCOPY Copyright of Shell Brands International AG Shell Image Library N ovember 2013 6
VEROS: ELECTRICAL WAVEFORM MONITORING Copyright of Shell Brands International AG Shell Image Library N ovember 2013 7
SHELL TECHNOLOGY VENTURES FUNDS SHELL TECHN O LO G Y VEN TURES STV/ FET TECHN O LO G Y 3P TECHN O LO G Y SHELL TECHN O LO G Y FET ACCELERATIO N SCAN N IN G FUN D ACCELERATIO N FUN D ACCELERATIO N FUN D FUN D Participate in funds…
BUILD VS BUY BUILD COLLABORATE BUY Proprietary GameChanger STV STW Contracting & R&D Procurement Creation effort Self creation Co-creation Technology Integration of Supplier created between development existing product, but…