Schlumberger and AVEVA have entered an agreement on Sept. 30 to integrate edge, AI and cloud digital solutions to help operators optimize oil and gas production. The companies will work together to streamline how energy operators acquire, process and action field data for enhanced wellsite efficiency and performance. Initial focus of the collaboration includes linking edge systems to applications in the DELFI* cognitive E&P environment to better manage equipment health and optimize performance.
“This partnership brings together our edge and cloud solutions with the AVEVA PI System to seamlessly liberate access to data accelerating insights and action,” Rajeev Sonthalia, president of digital and integration at Schlumberger, said. “By integrating our domain expertise, secure edge technology and digital applications in the DELFI environment with AVEVA, we will enable customers to increase efficiency and transform their production operations.”
The collaboration will bring to market the IoT and cloud capabilities of both companies. This includes the data management platform capabilities of the AVEVA PI System and Schlumberger domain expertise and analytics capabilities provided by Agora edge AI and IoT solutions and the DELFI environment. The companies also plan joint technology integrations, sales and service support, and go-to-market activity.
“Digital transformation of critical infrastructure requires a strategic vision that transcends technology to drive efficiency, achieve profitable business outcomes and deliver sustainability,” Andrew McCloskey, CTO of AVEVA, said. “Recent macroeconomic events have highlighted the need for agility throughout all industries. Our collaboration with Schlumberger will drive operational agility and engineering efficiency, while also enabling swifter delivery of new products and services to make assets and operations run more smoothly.”
Chevron Corp.announced today that it has entered into a definitive agreement with Anadarko Petroleum Corp. to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share.
Ventana Partners retained RedOaks Energy Advisors for the sale of nonoperated properties located primarily in the Delaware Basin.
Nichols Brothers retained Continental Energy Advisors for the sale of operated assets in New Mexico, Oklahoma and Texas as part of a Chapter 11 bankruptcy.