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Petrotechnics

Technology  •  Scotland  •  Growth

Petrotechnics provides software and services to organisations in hazardous industries. Based in Aberdeen and with offices in Houston, Saudi Arabia and Singapore, the company has designed and developed solutions that help their customers make better operational decisions, reduce risk and improve performance.

petrotechnics.com

Company
information

Total BGF investment

£7.5m

Investment date

May 2013 – Jan 2019

Head office

Aberdeen

Chair

Matthew Parker

With BGF’s funding and support, the company’s software is now being used by more than 80,000 people, at some of the biggest businesses in the oil and gas, rail and petrochemical sectors, across 22 countries. Petrotechnics was acquired by Sphera Solutions Inc in 2019.

"BGF's investment was part of the successful​ launch of Proscient, and we're looking forward​ to the next stage of our journey with Sephra.​"
Phil Murray​, CEO at Petrotechnics