Halliburton subsidiary picks 3 companies for clean-tech accelerator program

Halliburton Co. subsidiary Halliburton Labs Inc. has selected ENEXOR BioEnergy LLC, Momentum Technologies Inc. and OCO Inc. to join its clean-technology accelerator program.

The program will enable the three companies to access Halliburton's business and technical expertise, facilities and network, according to a Feb. 9 news release.

Enexor BioEnergy owns a patented bioenergy system that converts organic, plastic or biomass waste into renewable power and thermal energy. Momentum Technologies, formed in partnership with the U.S. Department of Energy, recovers critical materials from waste for reuse. OCO processes carbon dioxide, water and zero-carbon electricity into a hydrogen-rich platform chemical that can be used to produce zero-carbon products.

Halliburton Labs, based in Halliburton's headquarters in Houston, helps different institutions cooperate to develop cleaner and more affordable energy.