Powersim Software Signs Agreement with Vår Energi for the Use of pForecast SaaS

Press Release in Norwegian below. Powersim Software AS has entered into a three-year agreement with Vår Energi for the use of our cloud-based solution, pForecast. With this agreement, the three largest operators on the Norwegian Continental Shelf – Equinor, Aker BP and Vår Energi – are now users of pForecast. This marks an important breakthrough […]
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 […]
Powersim Software signs agreement with Aker BP

Bergen, Norway – Powersim Software, a leading provider of forecasting and analysis solutions, has recently announced the signing of a significant agreement with Aker BP. This framework agreement entails the application of Powersim’s pForecast Cloud solution for the next three years, with an option to extend for an additional three years. Under this agreement, pForecast […]
Powersim Software is collaborating with Aker BP

Powersim Software will, together with Aker BP, develop the next-generation, cloud-native production forecasting tool. Powersim is proud to announce that we have started a collaboration with Aker BP to develop the next-generation, cloud-native production forecasting tool. This is done based on our leading statistical algorithms and will enable a high degree of automation, tight integration […]
Frame agreement with Statoil (now Equinor)

Press Release: Frame agreement with Statoil (now Equinor). Powersim Software signs agreement with Statoil ASA, now Equinor ASA. The Powersim Software AS offices are located at Litleåsvegen 79 in Åsane, Bergen, Norway. The company was founded in 2002. On Friday, 27 April 2018, Powersim Software AS (hereinafter called “Powersim”) and Statoil ASA signed an agreement […]