Oliasoft awarded contract with Neptune Energy
September 19, 2023
About Oliasoft
Bringing integrated cloud engineering to well planning
Oliasoft was formed in 2015 by energy sector and software professionals dedicated to using the best digital technology to automate the well planning workflow.
The result is Oliasoft WellDesign, an integrated cloud engineering platform that transforms the process of building cost efficient, safe and effective well design systems.
Custom solutions
Oliasoft WellDesign’s advanced simulation engines can be connected to any software application or system and are capable of automating well planning, improving efficiency and safety and reducing time spent on mundane repetitive tasks.
Open API lets users build custom solutions by connecting Oliasoft WellDesign and third party applications. The system can be accessed from any operating system, with any browser, allowing virtual teams to collaborate in real time.
Oliasoft’s modern software architecture and technology enable fast implementation of new features as was the case for current geothermal energy and CO2 injection and storage functionality.
Our philosophy
We work closely with our partners and customers to design digital solutions that transform industry processes.
Quality
We know the challenges our clients face to supply energy safely, reliably and at low cost. We draw on the best and most recent technology to ensure Oliasoft WellDesign meets the most exacting industry and usability standards.
Reliability
Drilling operators can't afford any margin for error. We ensure Oliasoft WellDesign produces exact calculations, time after time, working with experts from industry majors to test every new feature, again and again.
Expertise
We only take on the best energy sector and software professionals. And we work closely with research institutions and experts across the industry to ensure our software retains its cutting edge.
Looking ahead
We’re growing rapidly. Oliasoft now employs more than 40 highly skilled drilling engineers, software developers, and data scientists – and a sales and marketing team with deep energy sector experience.
We’re developing the WellDesign system in close cooperation with leading research institutions like the Institute For Energy Technology (IFE) and major oil companies including Shell and Equinor.
We continue to win industry recognition. Oliasoft has raised more than NOK 110 million in private equity and grants, and last year a panel of 140 investors and oil companies voted us ‘Most Promising Startup’ in the Rice Alliance Startup Awards.
Executive Team
Jim Strand
Chief Product Officer
One of Oliasofts co-founders and head of our product development team. Jim previously founded WDO (iQx), and has worked as a lead drilling engineer and drilling supervisor. His operational experience includes exploration and development drilling, HPHT, deepwater, and remote location well projects operators such as DetNorske, Lundin and Equinor.
André Backen
Chief Executive Officer
André is the CEO and one of co-founders of Oliasoft. He is a serial entrepreneur and has built companies within gaming and fintech prior to Oliasoft. He co-founded Funcom in 1993 – the company went public in 2005 and was sold to Tencent in 2020. André co-founded Paynet together with Marius Kjeldahl in 2000, and the company was sold to DNB in 2003 and then to NETS.
Marius Kjeldahl
Chief Technology Officer
Marius co-founded Oliasoft with a background as a software engineer and entrepreneur in industries including gaming, banking, venture, trading, and edtech. He is a former co-founder of Funcom (1993), Secana/Paynet, Snap TV and Kahoot, and has worked in finance (NBIM, Teknoinvest, Proventure).
Working at Oliasoft
Our team has more than 40 highly skilled drilling engineers, software developers, data scientists and marketing professionals – learn about our culture and view our latest opportunities
Norway's oil & gas industry
Working at Oliasoft offers the opportunity to help bring the best new technology to the Norweigan oil and gas sector – read our introduction to an industry that has been at the heart of our nation’s prosperity
Try Oliasoft WellDesign today
Experience the power of cloud-based engineering with a free trial of the full Oliasoft WellDesign suite
Want to know more before trying Oliasoft WellDesign? – our Customer Success team is here to answer your questions