Husky Energy engages Palantir Solutions

Palantir Cash and Plan tools to embed ‘dynamic business planning solution.’

Calgary-headquartered Husky Energy has engaged Palantir Solutions as software provider and consulting partner. A three year contract, started last month, will see Palantir and Husky collaborating on an ‘integrated, dynamic business planning solution.’ Palantir’s ‘Cash’ and ‘Plan’ software tools will be implemented in Husky’s portfolio management system.

Husky’s base is Western Canada where it operates conventional oil and natural gas assets, heavy oil and a large upgrading and transportation infrastructure. In 2010, Husky reported a $CDN 3.5 billion cash flow, up 42% from 2009 and established ‘growth pillars’ in the Alberta Oil Sands, the Atlantic Region and South East Asia. Husky’s Western Canada strategy includes liquids-rich gas plays, dry gas and heavy oil production.

Palantir is claiming a ‘significant addition’ to its Canada operations at a time of ‘unprecedented growth’ in the region. Palantir Canada president Jason Ambrose said, ‘We see increasing demand for our solutions and look forward to working with Husky and consolidating our position as a leading provider of planning solutions.’ More from

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