Proserv to Develop and Market Ortomation’s RTO Software

Source: www.gulfoilandgas.com 8/11/2022, Location: Europe

Aberdeen-based controls technology leader Proserv has signed a memorandum of understanding (MoU) with UK based start-up company Ortomation, it said August 11. The tie-up is intended to fund the development and marketing of real-time optimisation (RTO) software.

Proserv’s in-house software application expertise will assist Ortomation in taking its technology from prototype to a marketable industrial RTO product.

Effective RTO can improve performance by up to 5%, targeting production and yield increases and greater energy efficiency.

Proserv’s Vice President, Digital Innovation Stuart Harvey said: ”Nurturing technology partnerships and collaboration is part of our Proserv identity as we continually seek to solve industry’s biggest challenges, particularly ones where others have failed.”

Ortomation’s CEO Paul Oram said: “We are extremely excited to be working with Proserv and truly believe our partnership will deliver a game-changing technology for all across the process industry.”


Norway >>  11/24/2022 - DNV is moving ahead in collaboration with Reodor Studios to create a digital service that will make it easy to plan for sustainable decommissioning an...
Italy >>  11/17/2022 - Eni, the Italian energy company, and PASQAL, leader in neutral atoms quantum computing, announced the establishment of a collaboration to develop next...

United States >>  11/17/2022 - Altus Power, Inc. has launched its digital platform for Community Solar and it is now available on the Apple App Store and on its website. Altus Power...
Canada >>  11/16/2022 - SWTCH Energy, a company pioneering electric vehicle (EV) charging solutions for multi-tenant properties across North America, and the Electric Circuit...

United Kingdom >>  11/16/2022 - Surface Corrosion Consultants Ltd have been engaged by gas and oil exploration and production company Shell NAM to provide a ten-year package through ...
Norway >>  11/15/2022 - Unplanned shutdowns for process plants can be disruptive and costly, with loss of production and mechanical integrity challenges. Fitness-for-service ...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.