FutureOn, a Norwegian software company specializing in the energy sector, has joined forces with Rystad Energy to launch a digital tool that integrates up-to-date cost estimation with live project data for energy developments, opening doors to accelerated project delivery and efficiency for companies across the energy supply chain.
According to FutureOn, its FieldTwin and Rystad Energy’s Cost Estimating Solution (RCES) are synced in real-time, removing data silos and facilitating parallel field concept and cost iteration. As a result, the duo’s customers across both oil and gas and offshore wind projects can continuously assess the financial status and impacts on project CAPEX.