News listings

energy-pedia general news

Schlumberger, Chevron and Microsoft announce collaboration to accelerate digital transformation


18 Sep 2019

Photo - see caption

Global organizations will work together to accelerate development of cloud-native solutions and deliver actionable data insights for the industry

Schlumberger, Chevron and Microsoft have announced the industry’s first three-party collaboration to accelerate creation of innovative petrotechnical and digital technologies.

Data is quickly emerging as one of the most valuable assets to any company, yet extracting insights from it is often difficult as information gets trapped in internal silos. As part of the collaboration, the three companies will work together to build Azure-native applications in the DELFI cognitive E&P environment initially for Chevron, which will enable companies to process, visualize, interpret and ultimately obtain meaningful insights from multiple data sources.

DELFI is a secure, scalable and open cloud-based environment providing seamless E&P software technology across exploration, development, production and midstream. Chevron and Schlumberger will combine their expertise and resources to accelerate the deployment of DELFI solutions in Azure, with support and guidance from Microsoft. The parties will ensure the software developments meet the latest standards in terms of security, performance, release management, and are compatible with the Open Subsurface Data Universe (OSDU) Data Platform. Building on this open foundation will amplify the capabilities of Chevron’s petrotechnical experts.

The collaboration will be completed in three phases starting with the deployment of the Petrotechnical Suite in the DELFI environment, followed by the development of cloud-native applications on Azure, and the co-innovation of a suite of cognitive computing native capabilities across the E&P value chain tailored to Chevron’s objectives.

Olivier Le Peuch, chief executive officer, Schlumberger, said:

'Combining the expertise of these three global enterprises creates vastly improved and digitally enabled petrotechnical workflows. Never before has our industry seen a collaboration of this kind, and of this scale. Working together will accelerate faster innovation with better results, marking the beginning of a new era in our industry that will enable us to elevate performance across our industry’s value chain.'

'There is an enormous opportunity to bring the latest cloud and AI technology to the energy sector and accelerate the industry’s digital transformation,' said Satya Nadella, CEO of Microsoft. 'Our partnership with Schlumberger and Chevron delivers on this promise, applying the power of Azure to unlock new AI-driven insights that will help address some of the industry’s—the world’s—most important energy challenges, including sustainability.'

Joseph C. Geagea, executive vice president, technology, projects and services, Chevron, said:

'We believe this industry-first advancement will dramatically accelerate the speed with which we can analyze data to generate new exploration opportunities and bring prospects to development more quickly and with more certainty. It will pull vast quantities of information into a single source amplifying our use of artificial intelligence and high-performance computing built on an open data ecosystem.'

Original article link

Source: Schlumberger





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current deals: 1699
Completed deals: 5237

Company Profiles

Current Company Profiles: 2647

Corporate Activity

Current Corporate Activity articles: 3316

Companies Looking

Current number of articles: 427

Company Sales

Current Company Sales articles:1364

Geostudies

Current Geostudies articles: 645

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

SLR Consulting logo
Rose & Assocs 149
Geoespace
energy365
Union Jack Oil 149
KL Publishing
count geophysics
Bayphase
Government of South Australia
OPC
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com