Microsoft has announced a partnership with Schlumberger and Chevron to “accelerate the creation of innovative petrotechnical and digital technologies”.
At the SIS Global Forum 2019, the companies said it was the first three-party partnership of its kind. The companies will work on Azure applications in Schlumberger’s DELFI cognitive E&P environment.
“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,” said Microsoft. “Building on this open foundation will amplify the capabilities of Chevron’s petrotechnical experts.”
The collaboration is expected to hasten innovation in cognitive computing, looking to process, visualize and obtain insights from numerous relevant sources. Chevron expects the transformation to increase the speed it can analyze data, allowing it to explore new opportunities.
Microsoft CEO Satya Nadella also commented on the partnership, and what it could mean for the petroleum and energy sector.
“There is an enormous opportunity to bring the latest cloud and AI technology to the energy sector and accelerate the industry’s digital transformation,” he said. “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.”
AI is expected to play a tremendous role in the energy sector, enabling easier detection of faults while providing supply chain and data insights. Microsoft previously predicted that AI could reduce greenhouse gas emissions by up to 6% by 2030 while adding $5.2 billion to worldwide GDP. Whatever the case, working with one of the world’s leading energy companies can only be good for the tech giant.