Saudi Aramco Energy Ventures Backs Zilift
Saudi Aramco Energy Ventures, the corporate venturing subsidiary of Saudi Aramco, has closed an equity investment into Zilift, a developer of through-tubing deployed artificial lift systems using permanent magnet motors and magnetic transmissions. Zilift was established in May 2009 exclusively to develop and market permanent magnet technologies for innovative artificial lift applications.
12 June 2013•3 mins read
