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 […]
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 […]
Cluster gathering with GCE Ocean Technology
We look forward to being a part of this year’s cluster meeting with GCE Ocean Technology in May! Ocean Innovation Lab is taking place on May 25-26 at Solstrand Hotell & Bad. This cluster meeting aims to define larger collaboration projects to accelerate the energy transition and increase exports to international markets. The Lab will […]
Meeting up with Goodtech, Bergen department
In a world where climate change and global warming present a significant threat to the planet, renewable energy has become a necessity. Renewable energy is an energy source that is replenished naturally and promptly, such as wind, solar, hydropower, biomass, and geothermal. While traditional energy sources such as oil, gas, and coal are finite resources […]
Experience the power of pForecast for FREE
On our new web page, Try pForecast, we have provided information on how our prospective users may try out pForecast. We highly recommend beginning with scheduling a demo with our product experts. This will provide you with a guided tour of the tool and its capabilities. If you become as excited about pForecast as our […]
Powersim Software cruised along to Hywind Tampen at Sløvåg
We want to extend our appreciation to GCE Ocean Technology, Equinor and DnB for organising an unforgettable boat trip to experience the world’s largest floating wind park, Hywind Tampen. The Vision of the Fjords tour provided us with an up-close view of the floating turbines at Wergeland Base in Sløvåg, which was truly a remarkable […]
Effect of rig availability and non-drilling plans on drilling schedules
Effect of rig availability and non-drilling plans on drilling schedules This article explains how pForecast allows users to input drilling plans and consider the effects of rig availability and non-drilling periods on future production. The rig availability factor is entered as a percentage in pForecast and influences the drilling schedule performance. Meanwhile, non-drilling periods with […]
New release of pForecast
We’re thrilled to share that the latest release of pForecast is now available, packed with powerful enhancements that will take your forecasting and planning to the next level. One of the most exciting new features is the support for importing reporting schemes, tags, and report groups from Excel. This makes it easier than ever to […]
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 […]