Powersim Software renews Society Sponsorship

Powersim Software renews their Society Sponsorship for the System Dynamics Society With decades of experience in developing powerful simulation software, Powersim has consistently been at the forefront of empowering organizations across various industries to make informed decisions through dynamic modeling. Whether it’s production profiles in the Oil & Gas industry, enhancing public policy decision-making, or […]

A new operator is evaluating the pForecast application

As the interest in pForecast continues to grow, we extend an invitation for you to be the next operator to evaluate its potential. Enjoy the free option to test the application, all without any further obligations. On the  Norwegian continental shelf, pForecast by Powersim Software stands out as a groundbreaking application, receiving increased attention from […]

New pForecast feature; Well Intervention

With the latest release of pForecast, back in December 2023, we introduced a new feature regarding well intervention. This feature allows you to set up a well intervention schedule to quickly analyse how the intervention will influence your current forecast while still considering constraints and uncertainties for the forecast. Compare different scenarios, to get instant […]

Simplifying the cloud journey for Powersim

Powersim Software has emerged as a game-changer in the energy industry landscape, offering a suite of business tools for forecasting and analysing complex dynamic challenges. In 2022, Arribatec entered a partnership with Powersim Software with a mission to fully utilise the automation and flexibility benefits of the cloud. Their products, pForecast and Powersim Studio have […]

Powersim Software attended the International Energy Forum 2023

Powersim Software attended the Oil & Gas Sessions at the International Energy Forum 2023. And thanks to Norwep’s representative Vinnie Carvalho for allowing us the privilege to present our pForecast solution to Chevron’s Subsurface and Wells Manager; Nampetch Yamali. Nampetch Yamali was one of the presenters at the conference and one of many interesting people […]

Powersim Software AS Announces Milestone Five-Year Corporate Contract with Equinor ASA

Bergen, 11 October 2023 – Powersim Software AS, a leading provider of statistical analysis and production forecasting for the energy sector, is proud to unveil a significant corporate contract with Equinor on the Norwegian Continental Shelf (NCS). pForecast will provide Equinor with reliable and systematic production forecasts over the five-year contract with its capabilities to amalgamate […]

International Energy Forum 2023

Powersim Software looks forward to attending the International Energy Forum 2023 event that will take place in Oslo on the 13th and 14th of November 2023. Norwegian Energy Partners is hosting this event, a dynamic and interactive forum that connects you with the latest trends, technologies, and strategies in the energy industries. During the event, […]

Job opening – Product Manager

Job opening Product Manager in Powersim Software AS Bergen Join the team and be the product manager for our flagship product, pForecast Would you like to be part of the Powersim Software team? Our company is the developer of the pForecast SaaS solution, one of the leading forecasting tools for the Oil & Gas industry. […]

Article published in Marine Policy at the Elsevier Journal

Article in Marine Policy at the Elsevier Journal Analysis of marine incidents and policy implications: Case study of the South Korea This article describes research conducted to support safety for the marine workforce in the marine industry in South Korea. The authors used a System Dynamics model to investigate the challenges and possible policy implications. […]