Investments
We’ve been at the forefront investing in leading energy related companies for over 10 years and our team and network, has unrivalled energy supply chain experience and success.

Fox Innovation & Technologies (FIT)
Investment date:
Fox Innovation & Technologies Inc. (FIT) provides technologically differentiated value-add aftermarket services to mission critical specialised rotating equipment. FIT has developed a proprietary technology and design approach that optimises the efficiency of compressors while reducing cycle times by up to 50%. The FIT team bring decades of experience to a market where decarbonisation and efficiency gains are top of the agenda.

IMServ
Investment date:
IMServ is one of the UK’s leading Energy Data Collection and Meter Operations service providers and is an award-winning pioneer of metering and data collection services for the electricity, gas, and water sectors. IMServ is headquartered in Milton Keynes, UK, and has expanding operations in the Netherlands.
Through the government-mandated smart meter rollout IMServ is playing a central role in the energy transition, making energy usage more efficient while helping to cut emissions.
In 2019, IMServ became the first non-domestic metering business to become a user of DCC services in the Other User (OU) role for smart meters.

Global Energy Storage (GES)
Investment date:
GES is an independent energy storage company that develops and operates first-class energy storage assets to create a global terminal network.
Their strategic focus is to facilitate the energy transition by developing the infrastructure needed to move towards ever more sustainable and low carbon energy use.
GES was the sister company to Bluewater portfolio company GPS until their merger in 2023.

AXESS Networks Solutions
Investment date:
AXESS Networks Solutions provides bespoke satellite-based and terrestrial communications solutions to industrial, corporate, utility, infrastructure and government/NGO customers globally.

Jernbro
Investment date:
Jernbro is one of Sweden’s leading players in industrial services. Jernbro help European industry operate more safely and efficiently and develops advanced maintenance and operational programes for some of the leading industrial companies in the world.

Varel Energy Solutions
Investment date:
Founded in 1947, Varel Energy Services is one of the world’s largest independent manufacturers and suppliers of downhole drilling and completions products to the energy sector. Headquartered in Kingwood, TX, VES services oil & gas, renewable energy, and industrial markets with its comprehensive suite of roller cone and fixed cutter drill bits, as well as a complete portfolio of primary cementing equipment. The company employs more than a 1,000 people and has manufacturing facilities in Matamoros, Mexico and Dammam, Saudi Arabia as well as sales offices throughout the world. VES’s proprietary design capabilities, efficient manufacturing, and global sales force uniquely position the company to provide high-quality downhole solutions delivering reliable performance and a superior customer experience.

Severn
Investment date:
Severn is a premier engineering business whose specialist valves and associated services underpin the reliability and high performance of business critical, client infrastructure.

CRC Evans
Investment date:
CRC Evans (formally known as Pipeline Technique) is a leading provider of welding and coating services, technologies and integrated solutions for the global energy and wider infrastructure sectors, with over 90 years’ experience in supporting the delivery of critical infrastructure projects, and cross-sector expertise spanning conventional energy, refineries, nuclear and transportation.
EDGE
Investment date:
EDGE - Monetisation of stranded & flared gas in the USA
EDGE is a business that takes stranded or flared gas direct from source and turns it into LNG. The LNG is then transported to where ever it needs to be through a virtual pipeline thus enabling gas and power to be delivered where previously not possible, or where supply could not meet demand. EDGE provides some of the lowest cost LNG and gas in the entire USA.
EDGE utilises the Cryobox from Galileo Technologies. The Cryobox is the worlds leading small scale LNG plant that can be delivered to a wellhead and within 15mins is producing LNG. The Cryobox is trailer mounted so it can be delivered to even the most stranded wells, therefore enabling gas owners to truly monetise this resource that was previous trapped.
Apex International
Investment date:
An independent oil and gas exploration and production company focused on acquisition and drilling opportunities in Egypt and other countries in the Middle East and North Africa.
Techouse
Investment date:
A leading, multi-discipline provider of offshore platform processing equipment and services to major oil and gas companies, upstream equipment businesses and offshore contractors internationally.
Rovop
Investment date:
Independent operator of a fleet of the world’s most advanced remotely operated vehicles (ROVs), serving the oil and gas, offshore wind, telecoms and power transmission industries.
Authentix
Investment date:
A leading global authentication and information services company, managing the integrity of customers’ global supply chains and helping them to combat illicit trade.
Influit Production Solutions
Investment date:
A production-focused service company, designing, engineering and delivering topside process systems to enable oil and gas operators worldwide to access or enhance production.
MIME Petroleum
Investment date:
Mime Petroleum is an independent E&P Company focused on production and development of Norwegian oil and gas fields.
Mime Petroleum is focused on hydrocarbon development and production on the Norwegian continental shelf. Through an investment agreement with Bluewater and affiliates, we have access to an equity line of up to $300 million. The company consists of highly experienced oil and gas industry staff and is in the process of prequalified to operate license’s in Norway. Using these resources we are developing a material and sustainable development and production business on the NCS.
Optilan Group
Investment date:
An established provider of communications and security systems integration solutions, delivering design, installation, commissioning, support and maintenance services to blue chip customers globally.
Galileo Technologies
Investment date:
A global supplier of advanced technology in the gas compression sector, offering solutions to reduce client operating costs or monetise new gas sources.
px Group
Investment date:
A fully integrated energy infrastructure solutions business – managing, operating and maintaining high hazard facilities in the oil and gas, fuel storage and power generation sectors.
Kent
Investment date:
Kent provides engineering contracting services globally, working in some of the world’s harshest and most remote locations.
The privately-owned services provider offers multi-discipline engineering, procurement, construction, commissioning, and maintenance services across a range of energy and industrial facilities in key growth regions around the world.
Its focus is upon safely delivering customised solutions and quality workmanship to meet the commercial and technical objectives of customers in the energy and chemicals, industrial/process, and power generation sectors.
With a heritage dating back to 1919, Kent has offices in Ireland, UAE, Kuwait, Qatar, Kazakhstan, Russia, Australia, and Mexico. It employs over 10,000 people internationally.
Excellence Logging
Investment date:
Headquartered in London, Excellence Logging is a specialist oilfield services company with a focus on providing customers with safe and technically advanced geological, surface formation evaluation, drilling monitoring and light well intervention services.
It works to create value for the oil, gas, and geothermal industries worldwide by improving geological, drilling and production control performance across all well types.
Excellence Logging applies experience, innovative research techniques, quality engineering capabilities and a collaborative approach to deliver on customer requirements.
The independent service company has operations in over 20 countries – across Europe, North America, Latin America, Asia, and West Africa – and employs over 700 people.
Wellesley Petroleum
Investment date:
An oil and gas company focused on building a material portfolio of high-class exploration prospects and commercial reserve discoveries on the Norwegian Continental Shelf.
Siccar Point Energy
Investment date:
An oil and gas exploration, development and production company focused on high-quality, low-cost, long-life assets on the UK Continental Shelf.
3T
Investment date:
By creating the most advanced and flexible range of training solutions currently available, our goal is nothing less than the transformation of the entire global training sector. It is a goal we will achieve by enhancing the offering of businesses within that sector, boosting their efficiency, and enabling them to provide an exceptional customer experience.
Our solutions are also transforming the global energy industry. This we are accomplishing through the development of skills, knowledge, and performance, which in turn are increasing business efficiency and driving higher standards of health and safety.
But perhaps most importantly, we are delivering a better education for the workforce of tomorrow. And by providing improved access to the right facilities our ambition is to inspire and stimulate learning.
Unique Group
Investment date:
Unique Group provides specialist services and products to the international energy industry, across the marine, diving, hydrographic, oceanographic, oil & gas, inspection, and NDT market sectors.
Unique Group provides engineering expertise, sales and rental equipment, and advanced technology – while applying its operating principles of quality, responsiveness, innovation, and service.
An independently owned company, it has seven multi-site divisions: Survey Equipment, Marine & Subsea, Diving & Life Support, Buoyancy & Ballast, On-Site Engineering, Specialised Boats, and Medical Technology.
Headquartered in the Hamriyah Free Zone of the United Arab Emirates, Unique Group has a presence in the USA, UK, South Africa, India, Middle East, and Singapore, and employs over 500 people.
EPIC Midstream
Investment date:
Epic is a midstream investment platform focused on acquiring US hydrocarbon storage assets. The company’s management team members are industry veterans with proven results at Kinder Morgan, Vopak, Buckeye and BORCO. Epic’s portfolio of assets includes four jet fuel terminals (Bremen, Georgia; Macon, Georgia; Montgomery, Alabama; and Moundville, Alabama) as well as one water-based terminal in Savannah, Georgia. In total, Epic’s assets comprise 65 tanks and over 1.8 million barrels of total storage capacity.