Kongsberg, KBC Enter Software Cooperation
Kongsberg Oil & Gas Technologies AS, a wholly owned subsidiary of Kongsberg Gruppen ASA (KONGSBERG), has announced a non-exclusive cooperation agreement with KBC Advanced Technologies plc (KBC) to develop stronger simulation software integration and more effective engineering and operation workflows. The objective is to enable the oil and gas marketplace to respond to the demand for significantly better production economics while substantially reducing the cost of design and production over field life. The cooperation agreement defines joint technology integration activities
Kongsberg, KBC Enter Upstream Partnership
Kongsberg Oil & Gas Technologies AS and KBC Advanced Technologies, a provider of consulting and software solutions to the hydrocarbon processing industry, announced they will collaborate in key areas focused on improving production solutions for upstream operators. To reinforce the relationship, Kongsberg made an investment in the recent KBC share placing to demonstrate interest in KBC’s growth strategy in upstream oil and gas. With their existing solutions for process simulation, flow assurance, thermodynamics and production assurance, Kongsberg and KBC will be able to offer a more
February 2025
