RESMAN Awarded Funding from Innovation Norway for Groundbreaking Digital Solution
In a significant milestone for the company, RESMAN has secured funding from Innovation Norway, acting on behalf of the Norwegian Government with programs and services intended to stimulate entrepreneurship in Norway. This funding will help fuel the development of RESMAN’s Client Portal, an innovative digital platform scheduled to launch in the second quarter of 2024.
[ Trondheim, Norway, April 8] In a significant milestone for the company, RESMAN has secured funding from Innovation Norway, acting on behalf of the Norwegian Government with programs and services intended to stimulate entrepreneurship in Norway. This funding will help fuel the development of RESMAN’s Client Portal, an innovative digital platform scheduled to launch in the second quarter of 2024.
In addition to the institutional support from Innovation Norway, the project has also garnered support from the industry leader ConocoPhillips, leveraging their expertise and knowledge to create a RESMAN Client Portal with the end-user in focus. ConocoPhillips expressed their intention to purchase the licenses once the portal is live.
The primary function of the RESMAN Client Portal is to increase the value of tracers.
Initially, it will focus on RESMAN’s Reservoir Solutions and its Interwell technology, providing operators with an interactive map showing tracer movements within reservoirs and translating this information into enhanced subsurface understanding. This will enable operators to make informed decisions based on comprehensive and accurate data, ultimately leading to increased recovery and enhanced efficiency for the operators.
The development of this groundbreaking digital solution strengthens RESMAN’s position at the forefront of tracer technology, marking a significant leap forward in the energy industry. Innovation Norway selects only the most promising projects for funding, measured by their ambitions to create value through innovation, so we see this as a significant endorsement of our strategy, underscoring our commitment to pushing the boundaries of technology.
Stay tuned for further updates as RESMAN continues to lead the way in technology innovation!