POWER THE FUTURE
Our mission is to eliminate gas flaring by harnessing the power of bitcoin mining and turning once-wasted gas into a valuable asset while contributing to a cleaner environment for all.
Process by which excess natural gas is burned off in a controlled manner when extracting oil. It is a substantial source of carbon dioxide equivalent emissions and a wasted opportunity to utilize the gas as a resource.
The Global Gas Flaring Reduction Partnership and the World Bank Zero Routine Flaring by 2030 are both World Bank-led initiatives that aim to reduce the amount of routine gas flaring.
Despite all efforts the current trajectory is not sufficient to achieve the goal of ending gas flaring by 2030.
Without an innovative approach creating strong business incentives, these barriers will not be removed.
Problem: Routine Gas Flaring
144 billion m3
17 billion $
is the amount and value of associated gas flared globally in 2021, resulting in 382 million tons of CO2e, equivalent to the annual emissions of over 85 million cars.
Inowatti is uniquely positioned to build a bridge between two seemingly disparate industries: the Oil & Gas and the world of advanced technology like Bitcoin mining.
Solution: Turn Waste Into Value
Our solution utilizes the flare gas as a fuel for power generation through highly efficient gas-to-power units. The flare gas generated power is then utilized for the bitcoin mining. This entire process takes place at the flare gas site, which eliminates the need to transport the flare gas to market. Our solution is highly beneficial for remote flare gas locations where other solutions are uneconomic due to the infrastructure required for transportation.
We convert flared gas into electricity with robust, modular and scalable gas-to-power units, monetizing it at the source while contributing to a cleaner environment for all.
We have a strong network and established partnerships, including one with UAE-based Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum.
Our experienced leadership team has expertise in Bitcoin mining, large-scale infrastructure projects, energy management, and global business management.
InoWatti Leadership team
Chair of the board, Co-Founder
More than 20 years in global executive and non-executive roles in both IT and logistics industries around the world. Served as Executive Vice President and COO in DHL's Supply Chain division, employing over 180,000 people.
Passionate about technology and innovation, regularly publishing articles about the crypto world.
VP at Deep International, CTO, Liaison Officer
Serving as the VP at Deep International, and as a CTO, Liaison Officer on the Board of Inowatti, Chris brings technical expertise and holds key responsibilities in executing strategic ties between the two entities.
Rooted in a Mechanical Engineering, he has a notable career in the O&G industry with significant international experience across Australia, Asia, and the Middle East.