Last deal

Amount

Series D

Stage

21.09.2015

Date

2

all rounds

General

About Company
TouGas Oilfield Solutions develops and commercializes chemistry-based solutions for the global O&G industry.

Industry

Sector :

Subsector :

Keywords :

Also Known As

TouGas

founded date

01.01.2013

Number of employees

Company Type

For Profit

Last funding type

Series D

IPO status

Private

Description

The Frankfurt-based company offers engineered products and tailor-made solutions for various applications, including acid fracturing, well stimulation, and enhanced oil recovery. TouGas has an extensive patent portfolio covering the manufacturing and application of its products. The company has established a strategic marketing and distribution partnership with Sumitomo Corporation and maintains sales offices in Houston and Tokyo to support its North American and Asian customer bases. TouGas' technology enables the reduction of costs and the improvement of efficiency in oil and gas operations, including the elimination of fresh water consumption in hydraulic fracturing, thereby reducing the environmental footprint of the industry.
Contacts