Shell and IBM have agreed to explore advanced techniques for reconciling geophysical and reservoir engineering field data using improved algorithms, analytics, and accelerated simulations.

Merrick Systems has launched Software as a Service (SaaS) technology solution, which allows companies to host their choice of Merrick’s production software package – field, operations, or enterprise – on its secure environment.

Fugro-Jason has released EarthModel FT 4.1, the latest version of its geologic modeling software.

Saudi Aramco has added a new super-computing system to its EXPEC Computer Center (ECC) to support the company’s exploration effort in the Red Sea and frontier areas, and to help optimize field development/improved recovery programs.

Knowledge Reservoir LLC has released the 2010 version of its deepwater knowledge base software, ReservoirKB.

Kongsberg Oil & Gas Technologies (KOGT) has won the first contract for its most recent 3D visualization technology, SIM Reservoir, from an unnamed national oil company in the Middle East.

Chevron Energy Technology Co. has contracted Landmark Software and Services to deploy globally the OpenWorks R5000 data management system.

Foster Findlay Associates (ffA) has released its SVI Pro and SEA 3D Pro 2010 3D seismic analysis and volume interpretation applications on Windows and Linux platforms.

Senergy’s oil and gas division has unveiled Wellscope, a new tool that produces 3D models of prospective wells to estimate the inflow performance of horizontal, deviated, and vertical wells using computational fluid dynamics (CFD).

Foster Findlay Associates (ffA) and TerraSpark Geosciences have agreed to explore parallel research and development programs.

Plexus Holdings has signed an agreement with Sonangol to supply its POS-GRIP wellhead systems and services for drilling offshore Angola.

Petrobras has awarded Aker Solutions a $41-million contract to supply sulphate removal units and associated equipment for the P-58 and P-62 FPSOs offshore Brazil.

The Petroleum Safety Authority Norway has granted Statoil consent to use Oseberg field center low-pressure oil production (LPOP).