Nemein OEM of game changing technology for the down-hole oil and gas industry
Nemein SMART Award Funding for ‘Novel Innovations’
October 5, 2015
Nemein are delighted that novel innovations have been recognised and the company awarded grant funding from Innovate UK to further develop one of its unique energy sector projects - Persephone.
The project has the potential to be a game-changer in terms of down-hole power generation within the industry removing the requirement, and associated safety hazards, for down-hole lithium batteries in downhole tools.
Lawrence Till, Technical Sales Director, commented that this will be the first product in a trilogy of novel and exciting developments in this sector and Innovate UK support is invaluable in helping drive these innovations forward.
Innovate UK is the UK's innovation agency and exists to fund, support and connect innovative businesses ideas together, working with people, companies and partner organisations to find and drive science and technology innovations to accelerate sustainable economic growth.