ZiLift Ltd.
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ZiLift Ltd. - overview
Established
2009
Location
Aberdeen, -, UK
Primary Industry
Industrial Machinery
About
Founded in 2009 and based in Aberdeen, UK, ZiLift Ltd. , operates as a developer and supplier of permanent magnet-based artificial lift technologies, intended to deliver pumps to compact rigs and wellbores. In December 2013, ZiLift raised GBP 300,000 of funding from Saudi Aramco Energy Ventures, and in April 2021, Schlumberger Limited (NYSE: SLB) fully acquired ZiLift Limited. The firm develops and markets permanent magnet technologies and artificial lift applications that deliver high torque or hi-flow to the downhole environment.
The firm’s products include Zilift TorqueDrive™ for PCP which operates as an integrated downhole drivetrain and PCP artificial lift system and Zilift SpeedDrive™ for ESP to help deploy an ESP on cable or wireline. Additionally, the company also offers alternative deployment methodologies for cable deployment, coiled tubing deployment, temporary pump installation, and live well intervention.
Current Investors
EV Private Equity, Viking Growth, Chevron Technology Ventures
Primary Industry
Industrial Machinery
Sub Industries
Oil & Gas Equipment and Services, Industrial Machinery
Website
www.zilift.com
Verticals
Manufacturing
Company Stage
Growth Stage/Expansion
Total Amount Raised
Subscriber access only
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