Equinor and Vissim Ink Collaboration Agreement

Equinor and Vissim have signed a global frame agreement to deploy Vissim’s solution for surveillance of the ocean space surrounding all Equinor and several 3rd party operated assets on the UK and Norwegian Continental Shelves.

The new system will incorporate the benefits of machine learning and enable surveillance of vessel traffic (VTMS), air traffic, subsea structures, environment and real time weather situation and forecasts.

The contract is for six years and has a minimum value of NOK 100 million.

“The new system will cover a distance from satellites to more than 1000 meters below the sea surface, across the Norwegian Continental Shelf, and the British sector of the North Sea,” Philippe F. Mathieu, SVP of Joint Operations Support in Equinor said.

The contracted solution is designed for big data analytics and is able to analyze traffic situations in real time. It is designed for the purpose of collaboration cross-system, cross-discipline and where data easily can be shared with other systems onshore, offshore or onboard vessels.

Vessel and helicopter movements integrated with weather forecast, oil spill surveillance and integrated radio communication will enable Equinor to provide surveillance services and maximize marine operational performance and logistics.

“We are very pleased that Equinor has chosen to continue its long standing cooperation with Vissim and we are looking forward to being part of Equinor’s future developments. This contract award underlines the value of using remote real time data, from radar and other sources combined, onshore in order to save significant operational cost,” said Per Arne Henæs, CEO of Vissim.