FutureOn has announced multi-license agreement for its cloud-based software Field Activity Planner (FieldAP) with Equinor, a Norwegian multinational energy company.
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.”
Source: Company Press Release