Glex has entered an agreement with M Vest Energy to develop a series of new functions within our data software platform Glex Energy®.

“This assignment is in line with our strategy to develop our services in close cooperation with our clients. Glex Energy's® next major upgrade will include data from oil and gas production, which can be monitored and analyzed in our asset overview”, says Jørgen Engen Napstad, CEO at Glex.

The project will contribute a positive net margin to Glex, but more important is the future value creation Glex Energy® can contribute to clients. Production data will be a standard option in the Glex Energy® Saas menu.

Jørgen Engen Napstad continues:
“Over the past months, we have strengthened our main product Glex Energy® significantly. The Glex business model depends on value-adding services, which in turn will provide long-term recurring revenues. Glex is currently working with several high-level industry players to expand the company’s range of services and raise the level of performance”.

About Glex:
Glex AS is a software company that develops advanced analysis and collaboration tools for anyone working on industrial energy decisions, whether exploring or producing hydrocarbons, seabed minerals or exploiting offshore wind or potential reservoirs for carbon storage. Our SaaS Glex Energy® has been in development since 2017. The team consists of industry professionals with extensive experience and unique domain expertise, combined with data-science competence and software developers with a background in the gaming and visualization industry.

Contact:
Enquiries: contact@glex.no
CEO Jørgen Engen Napstad +47 934 06 526