Norwegian engineering services provider Aker Kvaerner has acquired a majority interest in the energy sector-focused software company First Interactive. The agreement also includes an option to buy the remaining shares.
First Interactive and Aker Kvaerner’s subsidiary, Aker Kvaerner MH, are jointly developing applications for 3D visualisation and simulation of offshore drilling operations. A new generation drilling simulator has already been launched, the company said.
The simulator will primarily be used for training of rig operators, but also enables significant reduction in commissioning of drilling rigs currently under construction.
With the acquisition of a majority interest, First Interactive’s technology and competence will also be applied to other parts of Aker Kvaerner’s business such as marine installation, subsea and well services.
Mads Andersen, executive vice president at Aker Kvaerner, said: Aker Kvaerner is recognized for its development of innovative deepwater drilling technologies, satisfying the industry’s requirements for efficiency, safety and operability. Acquisition of this technology and competence is a strong strategic lever for us going forward.