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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.
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.
Company
information
Total BGF investment
£7.5m
Investment date
May 2013 – Jan 2019
Head office
Aberdeen
Chair
Matthew Parker
"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
