Kongsberg Gruppen

Regulatory Filings • Apr 26, 2022

Kongsberg Digital signs agreement with oil major

Kongsberg Digital signs agreement with oil major

After a successful delivery of Kongsberg Digitals digital twin solution Kognitwin on two assets, one of the world’s largest energy corporations are now expanding their contract, adding four more assets.

Kognitwin® is Kongsberg Digital’s digital twin Software-as-a-Service platform that enables operators to integrate and contextualize data from their IT and OT systems and enable advanced process and flow simulation to drive higher degrees of asset performance and collaboration. Kognitwin enables a wide range of energy facilities to derive value from data to reimagine how we work in the heavy asset industry.

The new contract comes after a successful implementation of two assets in 2021. With four further assets now in development.

“We are very pleased with the expansion of our contract with this energy major, adding four more assets. The expansion demonstrates the power and value that our Kognitwin digital twin has to offer, as the oil and gas sector is constantly seeking new ways to make their operations more efficient, safer, and more sustainable. In the race towards NetZero, our digital twin will be an important contributor”, says Hege Skryseth, President of Kongsberg Digital.

For more information, contact:

Morten Hansen, Marketing Director, Kongsberg Digital

morten.hansen@kongsbergdigital.com

+47 940 50 916

Kongsberg Digital is a provider of next-generation software and digital solutions to customers within maritime, oil and gas, and renewables and utilities. The company consists of more than 700 software experts with leading competence within the internet of things, smart data, artificial intelligence, maritime simulation, automation and autonomous operations.