Energy Ventures, a venture capital firm dedicated to funding high growth energy companies, has completed the sale of Intelligent Well Controls (IWC) to Halliburton, marking the firm's thirteenth exit. The company first invested in IWC in January, 2012, as part of its Fourth Fund. Since then, Energy Ventures played an integral part in the growth of the business. Headquartered in Aberdeen, IWC designs, develops and manufactures real-time surveying equipment, based on measurement-while-drilling (MWD) technology, for the oil and gas industry.
展开▼
