Market Overview

Equinor Taps FutureOn for Cloud-Based Offshore Data Visualization Software

Share:

FutureOn,
a leading oilfield software and data visualization solutions provider,
announced a new multi-license agreement for its cloud-based software
Field Activity Planner (FieldAP) with Equinor, a Norwegian multinational
energy company, formerly Statoil.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180826005012/en/

FutureOn, a leading oilfield software and data visualization solutions provider, announced a new mul ...

FutureOn, a leading oilfield software and data visualization solutions provider, announced a new multi-license agreement for its cloud-based software Field Activity Planner (FieldAP) with Equinor, a Norwegian multinational energy company, formerly Statoil. (Photo: Business Wire)

FutureOn, together with Equinor, will pilot FieldAP to digitalize and
integrate data from existing North Sea brownfields operated by Equinor,
enabling real-time engineering and cost analysis of potential tie-back
opportunities. FutureOn's easy-to-use 2D/3D data visualization platform
provides a compelling user experience while integrating Equinor's
backend systems for enhanced decision making.

In the early phase, the work will focus on using FieldAP to increase
efficiency in concept development and selection. The ambition is to
further reduce cost and select the concepts which provide the best value
supported by digital tools.

FieldAP is the first global collaborative tool allowing oil and gas
operators to digitally merge and visually design large volumes of
offshore oilfield data in a centralized cloud platform. The tool allows
rapid visualization of offshore engineering workflows, next-generation
project planning to collaborate more productively, and provide greater
insights into working smarter with enhanced results.

"Digitalization is more than a buzzword in the oil and gas industry,"
said FutureOn's Chief Technology Officer Olav Sylthe. "Our partnership
with Equinor is a testament to our software's ability to effect
meaningful change, enabling improvements in safety, security,
sustainability, productivity and cost efficiency through digitalization,
data integration and visualization. We look forward to being a part of
the digital journey ahead with Equinor."

For more information, visit our FutureOn Today blog.

About FutureOn

Headquartered in Oslo, Norway with a U.S. office in Houston, FutureOn is
a digital technology innovator enabling customers to see more
possibilities for their assets and begin to make more
forward-thinking choices. For more information on FutureOn and its
collaborative platform solution FieldAP, visit: www.futureon.com
and connect with us on Facebook,
LinkedIn,
and Twitter.

View Comments and Join the Discussion!