Kalkulo was established in 2006 as a commercial subsidiary of Simula Research Laboratory, the highest ranked ICT research institution in Norway. While the original mission for Kalkulo was to take care of the technology development connected to a comprehensive and long-term R&D collaboration with Statoil (from 2018 rebranded as Equinor), the business has grown to cover a diversified portfolio of clients primarily in the energy sector. While most of Kalkulo's work is in the oil and gas sector, contributing advanced methods for computational modeling and data analysis, we are also involved in creating software solutions for renewable energy and for environmental monitoring. Selected clients include Equinor, Idemitsu Petroleum Norge, Lundin Norway, Aker BP, and Statkraft.
Since May 1, 2019 Kalkulo is owned by Bluware Corp., a privately-owned company enabling oil and gas companies to drive business innovation utilizing artificial intelligence and machine learning for solving the most challenging objectives in the petrotechnical world.