OUR STORY
Valkor was founded in 2011 as an offshore energy EPCI company. The original purpose was to be a spin-off of Dockwise formed to purchase and deploy semisubmersible ships to alternative service in the offshore energy industry. From there the company was awarded several offshore construction and installation contracts, largely in developing countries.
OFFSHORE ORIGINS
(Now Boskalis)
$500M US + Annual Revenue
1600 Employees
$1.2B+ Debt & Equity
Steven Byle was the Chief Technology Officer from 2007 through 2010 until forming Valkor. He was the largest individual shareholder of the company in charge of business development during a rapid rise in revenue from $200M to $500M+ and EBITDA from $80M to $325M. When he started Valkor, he brought his business development team and project engineering group to start Valkor.
EARLY PROJECTS
The company started out working in its original core competence of marine engineering, procurement, construction, transport and installation. The early clients were in Latin America and Africa. The success of these projects gave us the platform to expand into more diverse areas of interest.
PERUVIAN JACKET & DECK
ECUADOR PLATFORM &
PIPELINE
So from the early days, Valkor set is direction toward the future with clean energy. Valkor started multiple projects towards this goal: a landfill conversion in Eastern Europe to recycling and co-generation, degassing an African lake to protect the environment and provide energy to an under-served population, and developing airborne chemical capture and recycling technology with Dow Chemical. As early pioneers in this area, it was a hard road with several of these projects only now coming to fruition.
CZECH GREEN ENERGY PARK
VOC REMOVAL SYSTEMS
EXPANSION ONSHORE
The next major step in our growth was toward onshore EPC services. Starting in 2011 Valkor began its collaboration with on our VOC (Volatile Organic Compound) capture and recycling systems with founders of Audubon. We added the capability to do process and civil engineering for environmental, oil and gas projects as part of a multi-year development program together with Dow Chemical. This process culminated in 2018, when Coby Crawford joined Valkor fully and brought his core team, originally from Audubon, with him to start our process EPCI company, Crosstrails Engineering.
Coby Crawford was the Managing Partner of Technology for Audubon Engineering as it rose to a premier oil & gas process EPC company. He was a key driver of growth for the company in getting processing plant contracts. Together with Valkor, the team has been able to execute a diverse range of large oil and gas projects and to develop green technologies.
TRANSITION TO PROJECT DEVELOPMENT & FINANCE
With the solidification of the core company team, Valkor started working with midstream companies as an equity partner. The company supplied the best existing systems for maximum efficiency and environmental sensitivity, while simultaneously developing our own technologies to advance clean energy. By 2019, Valkor took charge of its own destiny by funding its own projects and working as partners with like minded companies.
CLEAN OIL SANDS REMEDIATION
LANDFILL GAS PROCESSING
POND-FREE LITHIUM MINING
OIL & GAS WITH CO2 SEQUESTRATION
Since that time, Valkor has targeted projects and research pushing towards a sustainable future from inside the industry. We believe that oil, gas and mining have to be part of the transition to the future. Towards that end we have pursued projects and development the areas of:
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Carbon Sequestration by maximizing CO2 use in enhanced oil recovery
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Closed loop oil and gas productions systems to capture greenhouse gas
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Oil Sands Remediation using no water and without waste
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Direct Air Capture of CO2 through nanotechnology and improved amine system
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Lithium and Rare Earth Element recovery without evaporation ponds and waste
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Nano-membrane systems for alternative manners of gas separation
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Hydrogen production, transport, storage and delivery using alternative green chemistries
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Adsorption system for industrial chemicals
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Today, we are reaching maturity with a range of projects, technologies and processes that are making a significant difference in the convention oil, gas, and mining industries both for the environment and the people that we touch.