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In June 2021, NRG Models AS entered into a multi-license agreement with the Norwegian Offshore Directorate (SODIR) for the PreVisions software. PreVisions is an after-tax economics calculation and decision-making tool for individual projects and portfolios, and is fully developed and sold by NRG Models AS.
Licenses are used in SODIR’s Norwegian Continental Shelf (NCS) analyses and in SODIR’s international department. The international department cooperates with sister organizations in several countries and will use the software in their joint projects.
PreVisionsoffers a unique combination of advanced portfolio modeling and sensitivity calculations through a time-saving and flexible user interface. For companies operating in many countries, the extensive tax library is of great value.
Senior economist Benvenutta Henriksen of SODIR’s NCS analysis department states, “SODIR needs portfolio models for profitability analyses at both the area and shelf level in Norway. We are very happy with the (PreVisions) models which are easy to use and the results from the analyses are very easy to communicate."
Senior economist Svein Arne Svilosen of the SODIR's international department states, "In connection with the SODIR's development projects, PreVisions is used in cooperation with other countries' authorities. There is a need for user-friendly and modern analysis tools and the (PreVisions) models are now being used by the authorities in Mozambique."
PreVisions comes as a web-based and secure cloud service (Microsoft Azure), at flexible and highly competitive commercial terms.