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PRESS

Oil Rigs International Venture Capital For Start-Ups Focused on Internal Combustion Engine Efficiency

Houston, Texas (January 2, 2025) – Oil Rigs International, a leading global player in the oil and gas industry, is proud to announce a significant venture capital investment initiative aimed at fostering innovation in the field of internal combustion engines. This strategic move underscores its commitment to advancing technology and sustainability within the energy sector. The venture capital will be directed towards start-ups that are dedicated to developing more efficient internal combustion engines. By increasing the efficiency of internal combustion engines to 70 to 90 percent, automobiles will operate with greater efficiency and greater fuel consumption. By investing in these innovative companies focused on the development of the efficiency of internal combustion engines, Oil Rigs International aims to support the creation of cutting-edge technologies that can significantly reduce fuel consumption and emissions, thereby contributing to a more sustainable future. A spokesperson for Oil Rigs International said "We are excited to launch this venture capital initiative, which aligns with our vision of driving technological advancements and promoting environmental sustainability. By supporting start-ups that are focused on improving internal combustion engine efficiency, we are not only investing in the future of our industry but also in the future of our planet." The investment initiative will provide start-ups with the necessary financial resources, mentorship, and industry expertise to accelerate their research and development efforts. Oil Rigs International will collaborate closely with these companies to ensure that their innovative solutions can be brought to market effectively and efficiently. This initiative is part of Oil Rigs International's broader strategy to embrace new technologies and drive sustainable growth as well as protecting the environment.

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