---
title: "CMG signs five-year software licensing, support agreement with Petrobras"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/299308313.md"
description: "Computer Modelling Group (CMG) has entered into a five-year software licensing and support agreement with Petrobras. This deal renews and expands their previous partnership, providing Petrobras with reservoir and production simulation tools. The software will assist in evaluating recovery strategies, conducting subsurface analysis, and supporting long-term development and capital allocation decisions."
datetime: "2026-09-17T11:01:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/299308313.md)
  - [en](https://longbridge.com/en/news/299308313.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/299308313.md)
generator: "portal-rs"
---

# CMG signs five-year software licensing, support agreement with Petrobras

-   Computer Modelling Group signed a five-year software licensing and support agreement with Petrobras for reservoir and production simulation tools. \* Deal renews and expands the companies’ prior software agreement. \* Petrobras will use the software to support recovery strategy evaluation and subsurface analysis for long-term development and capital allocation. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Computer Modelling Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609170700PRIMZONEFULLFEED9828616) on September 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**