Iran’s Persian Gulf Venture Capital (PETROCVC), in collaboration with the Technology Exchange Network (Nanoten), is organizing a specialized event titled “PetroVenture” focused on flare gas recovery. The event addresses the challenge of associated gas flaring and aims to identify, support, and commercialize innovative technological solutions in this area.
PetroVenture provides a platform for collaboration among technologists, knowledge-based companies, investors, industry stakeholders, and policymakers. Selected participants will receive financial, technical, and operational support, along with opportunities to collaborate with major petrochemical companies and gain access to industrial markets.
Key benefits of the event include:
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- Financial support for the development and implementation of selected projects
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- Pilot implementation opportunities in petrochemical complexes
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- Access to a network of investors and relevant industries
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- Facilitation in obtaining industrial and environmental certifications
Proposed technology areas include:
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- Flare gas recovery technologies
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- Design and deployment of recovery units
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- Development of technologies for converting flare gas into value-added products
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- Intelligent flare monitoring and control systems using IoT and AI algorithms
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- Data management and performance analysis of flares through management dashboards
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- Use of Digital Twin technology
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- Innovative business models, such as economic models for investment and market development for recycled products
Technologists, researchers, knowledge-based companies, and energy sector professionals are invited to submit their proposals via the registration platform by June 21, 2025.