Citypress targets oil and gas firms

Citypress has been called in by a £50m venture capital fund targeting the oil and gas services sector.

Epi-V is targeting investments of between £2m and £10m in so-called ‘disruptive technology’ – products and services outside of conventional oil and gas recovery.

Citypress is charged with generating strong market perception within university spin-outs, early stage enterprises and established technology companies seeking investment and support.

‘As the strain on the earth’s natural resources continues, the oil and gas ind­ustry has to face up to some major challenges,’ said Citypress director Martin Currie, who heads the acc­ount.

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