08:39 AM EST, 11/10/2025 (MT Newswires) -- Computer Modelling Group ( CMDXF ) entered Monday into a multi-year software licensing agreement with Shell (SHEL.L, SHELL.AS) for CMG's suite of simulation solutions, including "CoFlow", the industry's first enterprise solution integrating reservoir and production simulation workflows. No financial details were provided.
The company said this is a "major milestone in a collaboration that has spanned more than a decade and marks CoFlow's transition from a joint research initiative to a full commercial software product."
CMG said by integrating CoFlow with its reservoir simulation software, customers are "empowered to enhance decision-making, optimize operations, and drive efficiency across their global portfolios."
Shares of the company closed down 1.7% to $5.15 on Friday on the Toronto Stock Exchange.