Powering Innovation and Economic Growth with bp Ventures

bp in the UK 2024

At Oxford Flow, we’re on a mission to transform the performance of critical infrastructure around the world. That’s why we’re delighted to be featured as a case study in bp’s 2024 UK Economic Impact Report, which highlights how bp’s investments and operations are contributing to economic growth, innovation and job creation across the UK.

The report shows bp supported:

  • £11.6 billion in GDP contributions in 2024

  • 75,000 jobs across its UK operations and supply chain

  • £4.4 billion in tax revenues for public services

As part of bp Ventures’ portfolio, Oxford Flow is proud to contribute to this story.

 

Building the Next Generation of Flow Control Technology

bp Ventures co-led our $25 million Series C funding round in 2024, alongside Energy Impact Partners. Their backing helps us accelerate the development and deployment of our patented valve technology, which:

  • Eliminates fugitive emissions to reduce environmental impact
  • Cuts maintenance costs and extends asset life
  • Enables hydrogen-ready infrastructure for the energy systems of tomorrow

This support allows Oxford Flow to bring smarter, cleaner, and more resilient flow control solutions to industries worldwide.

 

A Shared Commitment to Progress

Innovation is at the heart of bp’s work in the UK, and Oxford Flow is proud to play a role in creating technologies that deliver real-world economic and environmental benefits. Together with bp Ventures, we’re helping critical industries adapt to the challenges of decarbonisation while strengthening the UK’s position as a hub for engineering excellence.

Read the full 2024 bp UK Economic Impact Report here: bp.com/uk/eir