We invest in startups that develop innovative technology
or businesses to implement them at Repsol
Along with other leading companies in the sector, Repsol is a member of OCGI, an initiative whose main areas of work are focused on emissions reduction in transportation, methane reduction, improvements in energy efficiency, and the implementation of CCUS technology.
This innovation ecosystem gives Repsol access to more than 290 start-ups and 430 project partners across Europe. InnoEnergy’s network represents the very best of Europe’s energy industry, research experts, and higher education institutions.
The Oil & Gas Technology Center
The OGTC is co-investing more than £40 million in over 80 technology projects that could transform the future of the UK North Sea. Repsol as a mentor monitors these new E&P technologies having the possibility to deploy them in its business units.
This mentoring program provides Repsol the opportunity to get access to a whole ecosystem and opportunities in the Energy field internationally.
We are expanding our innovation model by becoming part of the Cardumen Capital fund, which specializes in investing in tech startups in Israel. These startups feature technology solutions that are under development but have a high potential for integration in the Company such as in mobility or energy transition areas.