OMV and Aker BP ASA inked a memorandum of understanding, on May 29, committing to share digitalization competencies and technology across borders and advancing both companies’ digital agendas.
Together, the two companies will collaborate on projects that explore how to set up and execute wide-scale digital transformation processes. Aker BP will share best practices from Eureka, their digital transformation program that started two years ago. These insights will advance the digital maturity of OMV Upstream and also benefit a wide range of suppliers and partners connected to OMV’s operations. In turn, OMV will share the insights from its digitalization program DigitUP to advance the digital transformation of Aker BP.
Aker BP and OMV are also planning joint collaboration and technology projects within the areas of operational efficiency, drilling and subsurface. These projects will involve agile ways of co-developing use cases and advancing technology together with Cognite, Scandinavia’s fastest-growing technology company.
In addition to the memorandum of understanding between OMV and Aker BP, OMV also formally entered into a long-term agreement with Cognite, a Norway-based company that works with heavy-asset industries. Cognite will be OMV’s technology partner in digital transformation.
As Aker BP’s technology partner for the past two years, Cognite has helped Aker BP with their digital transformation and delivered measureable bottom line results. Cognite is providing foundational digital twins for all Aker BP’s operations, and with the support of Cognite Data Fusion, Cognite’s data contextualization software, Aker BP’s digital transformation program has increased worker safety and improved worker efficiency, reduced maintenance costs, and optimized production across installations.
Deployment of Cognite Data Fusion will enable OMV to operationalize data analytics and machine learning and to roll it out across their operations, integrating seamlessly with existing infrastructure to make all relevant data instantly available as a comprehensive set in the cloud. By harnessing the data stored in Cognite Data Fusion to power its digital transformation agenda, OMV will be able to easily monitor critical machinery, move from scheduled to predictive maintenance, increase production, and improve its HSSE operations.
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