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Prodecs - Investment Decisions Under Uncertainty
Prodecs is a platform for making better-informed investment decisions in complex energy projects. It integrates technical, cost, and market uncertainty into a single probabilistic valuation model — replacing scattered Excel sheets with a shared environment where oil and gas, offshore wind, and CCS opportunities are valued on the same terms. An NTNU innovation project born from the BRU21 program, validated by OKEA, the Norwegian Offshore Directorate, and Aker BP.
layers
Uncertainty Integration
Brings technical (hydrocarbon production), cost (CAPEX/OPEX), and market (oil, gas, NGL price) uncertainty together in a single probabilistic valuation model. Delivers a complete risk picture instead of fragmented analyses — clearly showing which uncertainty sources actually drive the investment outcome.
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Dynamic Optimization
Valuation that accounts for operational flexibility — the value of decisions made 10-20 years forward, reduced to present-day economics. Quantifies real options for switching strategy, deferring, or expanding a project, which classical DCF methods fail to capture.
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Probabilistic Project Economics
A wide range of project KPIs and metrics presented as probability distributions rather than single base-case points. Decision-makers see the full range of outcomes, probability of loss, and the contribution of each risk factor to final project value.
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Cloud Platform
Cloud environment meeting the security standards of the largest Norwegian energy companies. A shared workspace for multidisciplinary teams — with a central repository of business cases, controlled versioning of assumptions, and tracking of how project economics evolve over time.
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Portfolio Analysis
Analyze multiple projects together for value, diversification, and aggregate risk. Operators can evaluate capital allocation at the portfolio level, identify correlations across assets, and compare investment scenarios — instead of valuing each project in isolation.
science
NTNU Scientific Foundation
An NTNU innovation project rooted in the BRU21 research and innovation program, combining expertise in energy economics, cybernetics, petroleum engineering, and data science. 15+ years of team experience valuing investment strategies under uncertainty — validated by partnerships with OKEA, the Norwegian Offshore Directorate, and Aker BP.
Prodecs - Investment Decisions Under Uncertainty
Prodecs is a platform for making better-informed investment decisions in complex energy projects. It integrates technical, cost, and market uncertainty into a single probabilistic valuation model — replacing scattered Excel sheets with a shared environment where oil and gas, offshore wind, and CCS opportunities are valued on the same terms. An NTNU innovation project born from the BRU21 program, validated by OKEA, the Norwegian Offshore Directorate, and Aker BP.
Application:
layers
Uncertainty Integration
auto_graph
Dynamic Optimization
query_stats
Probabilistic Project Economics
cloud
Cloud Platform
donut_large
Portfolio Analysis
science
NTNU Scientific Foundation