Foro Energy (B)
Foro Energy developed proprietary and patent-pending fiber-laser technologies that could disrupt existing processes and services for the exploration and production of oil and natural gas. These breakthrough laser technologies were protected by a strong intellectual property (IP) portfolio, which provided Foro with the flexibility to pursue a number of different business models. The market potential for oilfield applications was large, as global spending in the O&G E&P industry was expected to approach $600 billion in 2012.
Collection: HBSP (USA)
Ref: HBS-812163-E
Format: PDF
Number of pages: 2
Publication Date: Jun 5, 2012
Language: English
Description
Foro Energy developed proprietary and patent-pending fiber-laser technologies that could disrupt existing processes and services for the exploration and production of oil and natural gas. These breakthrough laser technologies were protected by a strong intellectual property (IP) portfolio, which provided Foro with the flexibility to pursue a number of different business models. The market potential for oilfield applications was large, as global spending in the O&G E&P industry was expected to approach $600 billion in 2012.
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Year: 2011
Geographic Setting: United States;Colorado
Industry Setting: Property management; Petroleum extraction; Apparel accessories; Electric power generation; Natural gas
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"Foro Energy (B)"
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