Sentinel Subsea lands £75,000 – News for the Oil and Gas Sector

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SENTINEL SUBSEA: L to R . Andrew Jaffrey, Chief Technology Officer; Neil Gordon, Chief Executive; Elliot Kinch, Business Development Director.

A new system to monitor abandoned North Sea wells has earned the Aberdeen start-up behind it one of the latest Scottish Edge Awards.

Sentinel Subsea came away from the 14th round awards ceremony in Edinburgh with £75,000 from a £1 million-plus prize pot.

All of the winners receive a support package from Scottish Edge’s partner organisations to help them fast-track and grow their business.

They were chosen from among 37 finalists, shortlisted from 289 applicants, who pitched their business ideas to judging panels chaired by EY Foundation deputy chief executive Margaret Gibson and Simon Hannah, managing director of cash and carry wholesaler Filshill.

Addressing the finalists, entrepreneur and Scottish Edge supporter Sir Tom Hunter, said: “Edge is not just about money, but the embedded support on offer.

“Edge businesses are the lifeblood of the Scottish economy and we are delighted to support you as you grow and prosper – Scotland needs many more like you.”

Sentinel Subsea is hoping its technology, which over a 10-year period acts as an alarm for when abandoned wells leak, may become a “global” industry standard.

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