Le Lézard
Classified in: Oil industry

Emissions Reduction Alberta Invests in CruxOCM's Innovative Energy Solutions to Advance Sustainability and Reduce Greenhouse Gas Emissions


CALGARY, AB / ACCESSWIRE / April 2, 2024 / Crux Operations Control Management Limited (CruxOCM), a pioneer in autonomous operations control management software for the energy sector, announced today a significant investment from Emissions Reduction Alberta (ERA). This investment from the Government of Alberta's Technology Innovation and Emissions Reduction (TIER) Fund, signifies a pivotal moment in advancing CruxOCM's transformative solutions to drive sustainability and efficiency across the industry.

Aligned with ERA's commitment to fostering innovation and sustainability in Alberta's energy sector, this funding empowers CruxOCM to further enhance its cutting-edge software through the creation of two software solutions that will autonomously adjust oil and gas pipeline operations to optimize energy usage. The investment highlights a shared vision to revolutionize the industry's control rooms and optimize efficiency across pipeline operations.

"We are excited to receive this investment from Emissions Reduction Alberta, which will propel our efforts to innovate and catalyze positive change within the energy sector," remarked Adam Marsden, Chief Revenue Officer at CruxOCM. "With support from the Government of Alberta and ERA funding, our pipeBOT™ technology enhancements provide significant improvement in enhancing efficiency, reducing emissions, and contributes to a long-term impact on the planet and sustainability for Alberta and Canada" said Chief Executive Officer, Vicki Knott at CruxOCM.

CruxOCM's groundbreaking RIPA™ software platform delivers unparalleled execution of control room operations, streamlining critical processes and optimizing flow rates to bolster operational efficiency and reduce environmental impact. With ERA's backing, CruxOCM is prepared to further elevate its technology, empowering clients to navigate operational challenges and maximize sustainability. As CruxOCM continues its expansion, it remains steadfast in nurturing a culture of innovation, trust, and collaboration. The investment from ERA will accelerate CruxOCM's growth trajectory, driving significant progress towards a more sustainable future for the energy sector.

For more information about CruxOCM and its solutions, please visit www.cruxocm.com.

About CruxOCM

Our mission is to empower control room operators; to supplement the important work they do with the automated tools of the future designed to increase efficiency and safety, and in turn, revolutionize the industrial automation and control room landscape through Robotic Industrial Process Automation (RIPA™). CruxOCM was created to provide control room operators with the best tools for safe and efficient operations, while minimizing environmental impact and maximizing revenue. Inspired by our founders' experiences in control rooms and process control, we developed software similar to autopilot for pilots. Our team comprises industry experts in engineering, control room operations, advanced process control, and technology, including energy industry veterans. With our core values as our guide, we look forward to intelligently and creatively tackling future challenges.

Contact:

Michelle Palmer
Marketing Associate
CruxOCM
Email: [email protected]
Phone: (587) 436-3414

SOURCE: CruxOCM



View the original press release on accesswire.com


These press releases may also interest you

16 mai 2024
OGE Energy Corp. virtually held its 2024 Annual Meeting of Shareholders today, electing its board of directors and acting on a number of items. Chairman, President and CEO Sean Trauschke began the meeting by thanking the company's employees for...

16 mai 2024
The AES Corporation ("AES" or the "Company") announced today the pricing of $950,000,000 million aggregate principal amount of its 7.600% fixed-to-fixed rate reset junior subordinated green notes due 2055 (the "Notes"). The closing of the offering...

16 mai 2024
Two bills holding oil drillers accountable for drilling within 3200 feet of a community passed the Assembly Appropriations Committee today by a vote of 11 - 4 and go the Assembly floor....

16 mai 2024
Africa Energy Corp. ("Africa Energy" or the "Company") is pleased to announce that its Annual General and Special Meeting of Shareholders will be held in Canada on Thursday, June 20, 2024, at 9:00 am (Pacific Time) at Suite 2500, 666 Burrard...

16 mai 2024
? Perpetual Energy Inc. ("Perpetual", or the "Company") is pleased to announce that the Alberta Court of King's Bench has approved the previously announced settlement agreement with PricewaterhouseCoopers Inc., LIT in its capacity as trustee in...

16 mai 2024
  ? Africa Oil Corp. ("Africa Oil", "AOC" or the "Company") will hold its Annual General Meeting of Shareholders on Thursday, May 23, 2024, at 09:00 (PDT) / 12:00 (EDT) / 18:00 (CEST) at Bennett Jones LLP Fraser Boardroom, Park Place, 666 Burrard...



News published on and distributed by: