Bapco Energies, through its new corporate venture arm BeVentures, announced its first strategic investment in Andium, a technology company specialising in real-time methane detection and emissions monitoring using advanced IoT and Edge-based data solutions.
The investment marks the launch of Bapco Energies’ corporate venture platform and demonstrates the group’s commitment to backing global innovation to drive decarbonisation across its operations.
BeVentures will serve as a strategic partner, supporting Andium in scaling its technology and unlocking regional deployment opportunities in the kingdom and the wider energy value chain. Andium’s platform helps industrial operators improve safety, efficiency, and environmental performance through real-time, data-driven insights.
BeVentures chief executive Areije Al Shakar said the investment reflects the platform’s belief in the power of technology to accelerate transformation. “By partnering with forward-thinking innovators like Andium, we are helping to advance practical, scalable solutions that improve efficiency, safety, and environmental performance,” she stated.
BeVentures joins a consortium of global investors in Andium, including Climate Investment and Aramco Ventures. The investment reinforces Bapco Energies’ focus on technology integration and sustainable growth, aligning with Bahrain’s energy transition and economic diversification agenda.