Recently, Neotec's President and CEO Steve Smith was featured in the "The Oil & Gas Year - Canada 2010". This publication is a series of interviews with key stakeholders in the international energy industry, country by country featuring in depth articles that look at analyses and resources of the worldwide oil and gas industries and their associated sectors.

Other notable names in this year's book include: Lisa Raitt (Former Federal Minister of Natural Resources), Ron Liepert (Minister of Energy), Gaetan Caron (Chairman - National Energy Board - NEB), Bill Boyd (Minister of Energy and Resources - Saskatchewan), Dave Collyer (President - Canadian Association of Petroleum Producers - CAPP), Marvin Romanow (President and CEO - Nexen), John Gorman (Vice-President - Halliburton Canada) and Derek Normore (President and CEO - Schlumberger Canada) to name a few.

To view Steve Smith's article please click here and for more information on the publication click here.

On June 2-4, Neotec will be exhibiting at the Muliphase Technology Conference which will be held at the Banff Park Lodge Hotel in Banff, Alberta (Canada). Neotec President and CEO Steve Smith is this year s chair person.

The 12th Multiphase Technology Conference will give the latest proven field techniques plus novel approaches currently being tested. Market leaders are seeking innovation. For Multiphase Technology to be a success, solutions are needed for the solids encountered whether its removal before transmission in the case of sand, or containment, without the need for chemical treatment, in the case of hydrates. As our production systems become more complex, we need answers. Now we must seek not only the practical answers to the wide range of climates, topographical environments and ecological challenges but also the vision to see where this technology must go in the future.

At the conference attendees will have the opportunity to discuss new research and developments, to consider innovative solutions and to explore technology transfer between industries at a technically high level.

For more information on the conference please click here.

From March 23-25 2010 in Utrecht, The Netherlands, Neotec will be exhibiting at the SPE Intelligent Energy conference and exhibition. Representing Neotec will be Vice President of Business Development, Kevin Wade.

The conference is a platform to discuss digitally enabled and associated technology for the oil & gas industry. It is a milestone on the industry's road map to full cycle integration and responds to the need for innovative and more efficient methods to maximize production, increase recovery and improve HSE.

The conference has been organized by a committee of global industry figures at the cutting edge of this rapidly evolving field. SPE Intelligent Energy provides the industry with a platform to discuss digitally enabled and associated technology as well as debate the issues of people, process and change management in a collaborative conference and exhibition environment.

SPE Intelligent Energy is organized by the E&P Partnership of the Society of Petroleum Engineers and Reed Exhibitions Energy and Marine Group.

For more information on the conference please click here.

The annual Subsea Tieback Forum & Exhibition has become the premier event for one of the fastest growing sectors of the oil and gas industry. This year's Subsea Tieback is scheduled for March 2-4, 2010 in Galveston, TX at the Moody Gardens Hotel & Conference Center. Over 2,500 attendees and 150 exhibitors are expected at this year's conference. SPT Group and Neotec will be displaying the latest software advancements at booth #301. Executive Vice President, Tena McCarthy will be representing Neotec.

In celebration of Subsea Tieback's 10th year anniversary, this year's theme is "10 Years And Coming On Strong." As our industry changes, the sharing of knowledge and collective experiences becomes more and more crucial to improving the quality, safety, and economics of the subsea tieback industry.

For more information click here.

Neotec will be exhibiting at the IADC International Deepwater Drilling Conference & Exhibition on March 2-3, 2010 at the Hotel Sofitel, Rio de Janeiro Brazil.

The deepwater frontier is a focal point for development and application of truly space-age technologies to the drilling industry. While deepwater advances have been achieved worldwide, few areas rival with Brazil for deepwater milestones and E&P engineering. Recognizing the continuing deepwater preeminence of Brazil, IADC is again convening in Rio its International Deepwater Drilling Conference. The 2010 IADC International Deepwater Drilling Conference will focus on cutting-edge technical advances and challenges for deepwater drilling and completions in key deepwater markets worldwide.

Vice President, Operations Weimin Chen will be their on behalf of Neotec.

For more information click here.

On February 24-25^th Neotec will be exhibiting at the 2010 SPE/IADC Managed Pressure Drilling and Underbalanced Operations Conference & Exhibition, in Kuala Lumpur.

President and CEO Steve Smith will be representing Neotec at the exhibition showcasing the latest advancements in the software.

The IADC and SPE s mutual purpose in bringing this distinguished event to Asia is to share the UBO and MPD achievement across the region, as well as to introduce new, promising technologies to this prolific producing center. The conference will emphasize case histories, field applications and new technologies.

Those attending the conference are encouraged to stop by booth #25.

Click here for more information on the conference.

Calgary and Oslo, Feb.3rd, 2010

World-wide leader expands offering in oil and gas flow simulation.

SPT Group of Norway, the provider of the world leading dynamic multiphase flow simulator OLGA, has acquired 100% of the shares of the Calgary-based company, Neotechnology Consultants Ltd. (Neotec).

Combining to offer a complete and unique platform for flow simulation technology and competence, SPT Group and Neotec provide essential steady-state and dynamic software tools for optimization of oil and gas production systems, from design through operations.

Based on customer demand, SPT Group will continue to innovate and develop new integrated solutions to optimise returns from development and operation of oil and gas fields around the world.

The company will offer tighter integration, new products and the only continuously developed and supported product suite covering steady-state to dynamic simulation of multiphase flow, integrated operations, drilling, wells, delivery systems and reservoir optimization.

As an integrated company, we will increase the value to our customers and partners through the unique expertise, solutions, products, and geographical presence to ensuring the highest level of availability, service and support. Neotec will immediately be fully integrated with SPT Group s "Flow Simulations Business Unit and expand the portfolio of multiphase simulations with their products and competence.

"SPT Group is committed to develop and deliver proven and accurate simulation tools that help our customers reduce investments, lower operating costs, and improve safety in international oil & gas projects. With Neotec onboard we will further improve the simulation workflows for the users and enable integrated simulations in this area like no one else. Our products will be viable for all scenarios in multiphase flow from steady-state to dynamic simulation and from design through integrated operations, says Tom E. Mortensen, CEO of SPT Group. Adding, "Further, Neotec s excellent products combined with their strong technical competence and customer commitment is a great fit with our corporate culture, vision and goals. This will not change our close cooperation with our steady-state vendors and we will continue to offer our solutions to the market in the widest possible distribution.

Steven P. Smith, CEO of Neotec adds, "We see the integration with SPT Group as a unique opportunity to continue our strong commitment to develop and deliver the quality tools our customers have come to expect from Neotec. This move will immediately enhance our global presence and the capabilities of SPT Group will give unparalleled potential for product expansion.

SPT Group markets and develops OLGA, the industry-standard and proven technology - a centrepiece for optimal design of production systems and efficient integrated operations. The complimentary features of Neotec s products will generate further potential directed toward the industry s demand for reliable simulations and integrated solutions.

Click here to Download the press release.

On February 24^th and 25^th Neotec will be exhibiting at the 2010 SPE/IADC Managed Pressure Drilling & Underbalanced Operations Conference and Exhibition in Kuala Lumpur, Malaysia.

The IADC and SPE s mutual purpose in bringing this distinguished event to Asia is to share the UBO and MPD achievement across the region, as well as to introduce new, promising technologies to this center. The conference will be emphasizing case histories, field applications and new technologies.

Those attending the conference are encouraged to visit Neotec s exhibit as President and CEO Steve Smith will be representing the company.

For more information on the event please click here.

Neotec is extremely excited to announce the link between two of their products WELLFLO AND PIPEFLO.

Users can now link well deliverability calculations using WELLFLO to a PIPEFLO case. PIPEFLO now includes a "Well" element which acts as a source. The well element requires only a path to the WELLFLO data file, which will be run automatically while running the PIPEFLO case.

For more information and to view screen shots of this new feature please click here.

An exciting new advancement in Neotec's PIPEFLO software, as users can now link PIPEFLO to either HYSYS® or UniSimDesign® process simulator models. A new "Simulator" element has been added which is used as the fluid exchange point between PIPEFLO and the process simulator.

The simulator element connects to a particular stream in the plant simulator program and automatically exchanges pressure, temperature, flow and composition between PIPEFLO and the simulator.

Multiple simulator elements can be added to a PIPEFLO case allowing for complex interconnections between the two models. For example PIPEFLO could model a gas gathering network and then pass the collected fluids to the process simulator for processing. The resulting fluid streams can then be returned to PIPEFLO for it to model the downstream transmission pipeline as well.

For more information and to view screen shots of this new feature please click here.