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 […]

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. […]

Powersim attended contract course with CMS Kluge Law Firm

Thank you to GCE Ocean Technology for inviting us to attend the course with CMS Kluge Law Firm to focus on negotiations and contract execution within the offshore sector.  The course emphasised practical aspects of negotiations and contract execution for the purchase and sale of goods or services in the offshore sector and will be […]

Introducing our new Quality Assurance Engineer

We would like to introduce you to our latest team member, Arnlaug Bøe, who has joined the Powersim team! We are happy to welcome Arnlaug Bøe to the Powersim Software team, she started in her position on July 1st 2023, but has worked with us as a project employee since early 2020 and made a […]

New pForecast feature; Facility-2-Facility

We would like to highlight a new feature that we launched in pForecast in early July 2023. It is the possibility of connecting one facility to another on the asset level.   In the oil and gas industry, it is common to find multiple production facilities within a single asset. Such facilities are strategically deployed based […]