How to model Capacity Upgrade in pForecast
A new video covering another corner case has been added to the section called Appendix A of the user manual. You normally need a shut-in period during the process of facility upgrading. Since the duration of the shut-in period is uncertain, the last day of the shut-in period is unclear and that can be challenging […]
Powersim Software becomes a member of Norwegian Energy Partners
We would like to share with you that we have become a member of Norwegian Energy Partners! We look forward to being part of the vision Norwegian Energy Partners have to strengthen the long-term value creation and employment in the Norwegian energy industries through focused international efforts, building on the collective competitiveness of our partner […]
What’s new in pForecast?
What’s new in pForecast? The modern and cloud-based architecture of pForecast enables continuous deployment of new features and unlimited scaling. In the February 2023 release, the performance of stochastic analyses and incremental profiles analyses are enhanced. The way pForecast handles drilling schedule has improved, now allowing for defining an unlimited number of drilling targets within […]
Winners of the quiz in relation to our 20th Anniversary
During December we celebrated our 20th Anniversary and invited you all to participate in an informal contest. Now we are happy to announce the winners of this informal contest! Congratulations to the winner of the 1st. prize: Congratulations to the winners of the 2nd to 4th prizes: The remainder of the winners will be contacted […]
How to model Slot Recovery in pForecast
We are proud to announce that we now have a new video covering extraordinary cases. We have added them to a new section called Appendix A. In the case of modelling a side track, pForecast can automatically shut down the existing well when the drilling of the new wellbore starts. In this video, you will […]
Powersim Software joins GCE Ocean Technology
We are among 19 new companies to join the cluster GCE Ocean Technology in 2022. Powersim Software is one of the highlighted members.
Christmas greetings from Powersim Software
The Powersim Software team wishes you a Merry Christmas and a Happy New Year! Opening hours during the Christmas holiday
Powersim Software becomes a member of GCE Ocean Technology
We are excited to share that we have now become a member of GCE Ocean Technology! We look forward to being part of the large network of companies and organizations that operate within the ocean industries. Together we can work towards increased interaction and innovation with other partners and members. We believe that we can […]
Powersim Software pitches for Skjoldblad
Thanks to GCE Ocean Technology for hosting the offshore wind supplier day last week in Bergen, where Powersim Software had the opportunity to pitch for the Skjoldblad consortium and meet with representatives from Iberdrola, TotalEnergies, and Norsk Havvind. Our CEO was quoted on her statement on how focus was given to local supply chains: “– […]
Celebrating 20 yrs Anniversary
Back on December 2nd of 2002, Powersim Software AS was established in Bergen, Norway, and this year we are immensely proud to celebrate our 20th Anniversary! Please join us when we revisit our history and take a trip down memory road. The Foundation Powersim Software is a technology company established based on the software tool […]