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 to develop and market permanent magnet technologies for innovative artificial lift applications.
3 June 2013•3 mins read
