Sinomine Specialty Fluids extend agreement with Oliasoft to continue using WellDesign™ for Advanced Fluid Simulations

This extended agreement between Oliasoft and Sinomine Specialty Fluids strengthens their successful collaboration, focusing on transforming innovation in fluid simulation with leading well planning software.

Oslo, December 12, 2024 – Oliasoft is pleased to announce the renewal and extension of its partnership with Sinomine Specialty Fluids, the world’s leading supplier of cesium formate fluids for the oil and gas industry. This extended agreement reinforces a successful collaboration aimed at driving innovation in fluid simulation and well planning software. 

Leveraging Expertise to Simulate High Performance Fluids in Challenging Environments 

As a vendor of reservoir drilling and completion fluids often deployed in the most challenging well environments, Sinomine relies on Oliasoft WellDesign to simulate the operational deployment of their products. These simulations provide guidance that their cesium formate fluids will perform as designed and demonstrate key operational benefits compared to alternatives.

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Connecting software to tangible operational benefits

Using Oliasoft WellDesign has enabled us to demonstrate that our fluids not only meet performance expectations but also offer a clear business advantage in the field.
The platform’s robustness and Oliasoft’s dedication to customer feedback make it the ideal tool for our complex fluid simulation needs.

Stuart Leon, Technical Service Manager at Sinomine

A Partnership Built on Knowledge and Continuous Improvement 

Sinomine’s expert knowledge and extensive experience in the field have contributed to the continued development of Oliasoft’s fluid characterization capabilities. Through collaboration with Sinomine, Oliasoft has been able to further refine and validate its modelling results, enhancing WellDesign’s ability to deliver precise and reliable fluid simulations.

We are thrilled to extend our relationship with Sinomine, whose deep expertise has been instrumental in pushing the boundaries of our software’s capabilities. This collaboration has not only strengthened our offering but also provided crucial insights that benefit our broader client base.

Linda Sæther, VP of Sales Europe at Oliasoft

About Sinomine Specialty Fluids 

Headquartered in Aberdeen, Scotland, Sinomine Specialty Fluids is the world’s leading supplier of cesium formate fluids to the oil and gas industry. Since 1999, the company has supplied many of the largest oil and gas firms with these cutting-edge fluids for their most demanding drilling, completion, intervention, and workover operations. Sinomine operates globally, with strategically located sales offices and stock points, and is renowned for its highly experienced team of formate fluid experts with over 400 successful applications.  

About Oliasoft 
Oliasoft is a Software-as-a-Service (SaaS) company enabling digitization and automation through sophisticated cloud engineering software. We are a pioneering provider of modern well planning and design software dedicated to catalysing change for the future of energy. By combining competence from the hard tech oil industry and the soft tech gaming industry, we develop cloud based, open and user centric software. Our pioneering product, Oliasoft WellDesign™, works as a catalyst providing seamless integration between existing systems and people. This enables automatization in a true and future-proof way. 

For more information, please contact:

Kiran Dhillon, Chief Marketing Officer, Oliasoft | +40109966 | kiran.dhillon@oliasoft.com

André Backen, Chief Executive Officer, Oliasoft | +47 908 79 707 | andre@oliasoft.com