Earth Science Analytics raised series A investment round from Saudi Aramco Energy Ventures

Norway Investments 08 March 2019
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Earth Science Analytics, a Stavanger, Norway-based company providing software solutions for predictions to the E&P industry, announced securing NOK 25M ($3M) in series A capital investment round. The money was provided by the saudi investor Saudi Aramco Energy Ventures.

Earth Science Analytics, led by CEO Eirik Larsen, developed a SAAS for the petroleum industry, consisting of cloud based petroleum geoscience software, database solutions and workflows based on artificial intelligence that enable accurate prediction of rock and fluid properties in the subsurface, and thus allow oil and gas exploration and production to be done with superior profitability rates.