Turbulent Flux announces collaboration with Sumitomo Australia Pty Ltd
Oslo, Norway – (COMMERCIAL THREAD) – Turbulent Flux, a Software-as-a-Service flow simulation company, today announced an exclusive agency agreement with Sumitomo Australia Pty Ltd (“Sumitomo Australia“).
Under this agreement, Sumitomo Australia will act as Turbulent Flux’s sales agent for FLUX Solutions in Australia and New Zealand to provide regional oil and gas operators with accurate and efficient flow information in wells and streams. pipelines. Turbulent Flux’s proprietary software product portfolio ranges from virtual flow measurement and pipeline monitoring to advisors assessing flow instabilities and deposits.
âSumitomo has a keen interest in sustainable operations and the environmental code of conduct. With software-based services like those from Turbulent Flux, we have found an excellent Norwegian partner who is embarking on the digital transition by optimizing oil and gas production lines while reducing environmental implications, âsaid Siddharth Setia, Head of Commerce and Digitization at Sumitomo Australia.
Turbulent Flux’s real-time and cloud-native software solutions are based on a unique hybrid modeling approach combining the predictive capabilities of physical models with machine learning models that automatically assist and adjust data over time. This guarantees a level of precision and accessibility unprecedented in the market.
âAccess to quality throughput forecasts and real-time information is the basis for effective production optimization. We are delighted to be working with Sumitomo Australia and supporting Pacific E&P companies in their operational challenges while creating effective dialogues and lasting relationships in the future, âsaid Halvard Ellingsen, CEO of Turbulent Flux.
Both companies are committed to developing and managing innovative solutions that meet the needs of the global energy industry in an era of transition. Common themes include reducing the flaring and chemical injection needs of operators, as well as the transport of hydrogen and CO2.
The collaboration between Turbulent Flux and Sumitomo Australia supports the wider scaling of Turbulent Flux’s software services to the Australian and New Zealand markets. From now on, Sumitomo Australia will represent Turbulent Flux in Australia and New Zealand, with a first performance scheduled at this year’s APPEA conference.
About Sumitomo Australia
Sumitomo Australia Pty Ltd is a wholly owned subsidiary of Sumitomo Corporation, one of the leading global trading and investment firms integrated in Japan. Since its establishment in the Oceania region in 1961, Sumitomo Australia markets a wide range of products, provides integrated supply chain management services and engages in investment and business development in various sectors. With its accumulated knowledge and experience in the local market and Sumitomo Corporation’s strong global presence and diverse portfolio, Sumitomo Australia seeks to generate new business opportunities and bring innovation to the company.
About turbulent flow
Turbulent Flux provides real-time simulation software for flow information for the oil and gas industry. The simulations undertaken are based on a hybrid model combining the predictive capabilities of physical models with the speed and self-correction capabilities of data analysis. We are a trusted software provider for customers around the world.