MEMBER NEWS: EC-OG Increase International Presence with US Business Development Agreement

June 1, 2021
MEMBER NEWS: EC-OG Increase International Presence with US Business Development Agreement

EC-OG, leading providers of subsea energy management technology for electrification of the oil & gas sector, has increased its global footprint by inking a business development agreement with Houston based firm Fortior Ventures.

Led by CEO Mark Hannigan, Fortior Ventures will provide local business development support for the North American market, augmenting EC-OG’s existing team as the company strives to grow its international presence and ambitious growth targets.

Aberdeen based EC-OG Halo technology uses lithium-ion batteries and an innovative Intelligent Energy Management System to provide local power to subsea infrastructure. With a growing pipeline of projects, the technology has global use cases including:

  • Restoration of power to subsea oil and gas wells suffering from electrical supply issues.
  • The gateway for decarbonization of offshore and subsea assets using renewable energy generation.
  • Enabling all electric and umbilical-less field operations with local power delivery.
  • Retro-fitting additional condition monitoring or instrumentation.
  • Seabed based UAV/ROV charging and operations.

Founded in 2018, Fortior Ventures is an industrial advisory firm which is well aligned with EC-OG’s vision for decarbonizing oilfield operations with innovative energy management, energy storage and clean energy technologies.

CEO Mark Hannigan leads Fortior’s investment and technology adoption services specializing in the energy transition and digital transformation. As former CEO of Allrig Group, Partner in Greenbackers Investment Capital and Houston based GlobalScot, Mark and Fortior are well positioned to support EC-OG’s international expansion plans.

Commenting on the partnership, EC-OG Business Development Director Paul Slorach said: “We know from experience that our Halo technology has applications away from the core North Sea market. Much of our project work is undertaken for international clients and we will be exporting our first Halo system to the USA later this year. It’s an exciting time for EC-OG and with Mark’s network, we can engage with strategic North American customers in support of our ambitious internationalization objectives.”

Mark Hannigan added: “Industrial battery & energy management technologies are a key enabler for offshore oilfield decarbonization and the wider blue economy. We are delighted to be able to help EC-OG better access the growing market for their solutions here in North America”

To learn more about EC-OG visit www.ec-og.com

To learn more about Fortior Ventures visit www.fortiorventures.com

Get in touch

AREG is the original energy transition organisation, working on behalf of members to empower the energy supply chain and champion its expertise. Please get in touch if you have any questions or would like to find out more about membership.

Contact Us
“

AREG has played an important role in the growth of Scotland’s renewable energy sector, engaging the supply chain and developing the European Offshore Wind Deployment Centre. However, we are only at the very beginning of the transition that AREG was established to both lead and support so there are still opportunities for companies to get into the constantly evolving renewables supply chain. We look forward to continuing our work together as renewables builds on its place as Scotland’s main source of power, and as we seek to deliver real change in the crucial areas of heat and transport.

Scottish Renewables
“

Aberdeen & Grampian Chamber of Commerce has worked closely with AREG since its formation. The recent progress in the developments of offshore wind projects by Equinor and Vattenfall are as a result of the work of the group over many years. The north-east is known as the oil and gas capital of Europe. At the Chamber, we believe the region must evolve its position to being recognised as the energy capital. Whilst hydrocarbons will continue to be essential in driving our economy for years to come, the generation of renewable resources will play an increasingly important role in providing cost-effective power, innovative development and economic growth.

Aberdeen & Grampian Chamber of Commerce
“

The enthusiasm and dedication of the early group that would become AREG was fundamental in us choosing to launch All-Energy in Aberdeen. The first tiny show was held in 2001, and AREG’s Chairman at the time, Jeremy Cresswell, played such an active role that I often describe him in terms such as All-Energy’s ‘midwife’. All-Energy is now the UK’s largest renewable and low carbon energy exhibition and conference in terms of number of attendees, space booked, and number of exhibiting companies. As AREG became firmly established, their presence and support for the event grew spectacularly over the years. We thank them most sincerely for their invaluable input.

All-Energy
“

Vattenfall has forged a strong working relationship with AREG through the development of the European Offshore Wind Deployment Centre. AREG has worked tirelessly on behalf of the North East and it can take enormous credit for the growth of sustainable energy in the region and the path it has cleared for the region to capture further investment.

Vattenfall
“

Aberdeen City and Shire is emerging as a key location for renewables by successfully transferring its world-class oil and gas expertise into the sector and AREG has done much to advance this through a broad range of initiatives. It has acted as a catalyst in driving further investment in the local economy by engaging with companies, Government, public bodies and existing projects and we have been pleased to support their efforts. Scottish Enterprise will continue to engage with AREG as we increase Scotland’s use of renewable energy.

Scottish Enterprise