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SLB to Accelerate Co-Development of AI-Driven Digital Platform for Aker BP

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SLB and Aker BP have announced a long-term partnership to co-develop an AI-driven digital platform for Aker BP's E&P operations. The platform will leverage SLB's Delfi™ digital platform and cloud technology to transform subsurface workflows, aiming to accelerate planning cycles, increase production, and reduce costs. Key aspects of the partnership include:

1. Transitioning Aker BP's application portfolio to the cloud
2. Creating an integrated platform for subsurface workflows
3. Utilizing advanced AI and domain expertise
4. Establishing a unified data environment
5. Leveraging the Open Group's OSDU® Technical Standard and Microsoft's Azure Data Manager for Energy

The collaboration is expected to drive efficiency optimization and more sustainable energy production for Aker BP.

SLB e Aker BP hanno annunciato una partnership a lungo termine per co-sviluppare una piattaforma digitale basata sull'IA per le operazioni di E&P di Aker BP. La piattaforma sfrutterà la tecnologia cloud e la piattaforma digitale Delfi™ di SLB per trasformare i flussi di lavoro sotterranei, con l'obiettivo di accelerare i cicli di pianificazione, aumentare la produzione e ridurre i costi. Gli aspetti chiave della partnership includono:

1. La transizione del portfolio di applicazioni di Aker BP al cloud
2. La creazione di una piattaforma integrata per i flussi di lavoro sotterranei
3. L'utilizzo di IA avanzata e competenza nel settore
4. L'istituzione di un ambiente dati unificato
5. Il sfruttamento dello Standard Tecnico OSDU® del Open Group e del Microsoft Azure Data Manager for Energy

Si prevede che la collaborazione favorisca l'ottimizzazione dell'efficienza e una produzione energetica più sostenibile per Aker BP.

SLB y Aker BP han anunciado una alianza a largo plazo para co-desarrollar una plataforma digital impulsada por IA para las operaciones de E&P de Aker BP. La plataforma aprovechará la tecnología en la nube y la plataforma digital Delfi™ de SLB para transformar los flujos de trabajo subsuperficiales, con el objetivo de acelerar los ciclos de planificación, aumentar la producción y reducir costos. Los aspectos clave de la alianza incluyen:

1. La transición del portafolio de aplicaciones de Aker BP a la nube
2. La creación de una plataforma integrada para los flujos de trabajo subsuperficiales
3. El uso de IA avanzada y experiencia en el campo
4. La creación de un entorno de datos unificado
5. La utilización del Estándar Técnico OSDU® del Open Group y del Azure Data Manager for Energy de Microsoft

Se espera que la colaboración impulse la optimización de la eficiencia y una producción energética más sostenible para Aker BP.

SLB와 Aker BP는 Aker BP의 E&P 운영을 위한 AI 기반 디지털 플랫폼을 공동 개발하기 위한 장기 파트너십을 발표했습니다. 이 플랫폼은 SLB의 Delfi™ 디지털 플랫폼과 클라우드 기술을 활용하여 지하 작업 흐름을 변환하고 계획 주기를 가속화하고, 생산성을 증가시키며, 비용을 절감하는 것을 목표로 합니다. 파트너십의 주요 사항은 다음과 같습니다:

1. Aker BP의 애플리케이션 포트폴리오를 클라우드로 전환하기
2. 지하 작업 흐름을 위한 통합 플랫폼 생성
3. 고급 AI 및 도메인 전문성 활용
4. 통합 데이터 환경 구축
5. Open Group의 OSDU® 기술 표준 및 Microsoft의 Azure Data Manager for Energy 활용

이번 협업은 Aker BP의 효율성 최적화 및 더 지속 가능한 에너지 생산을 이끌 것으로 예상됩니다.

SLB et Aker BP ont annoncé un partenariat à long terme pour co-développer une plateforme digitale alimentée par l'IA pour les opérations E&P d'Aker BP. La plateforme tirera parti de la plateforme digitale Delfi™ et de la technologie cloud de SLB pour transformer les flux de travail souterrains, visant à accélérer les cycles de planification, augmenter la production et réduire les coûts. Les principaux aspects du partenariat comprennent :

1. La transition du portefeuille d'applications d'Aker BP vers le cloud
2. La création d'une plateforme intégrée pour les flux de travail souterrains
3. L'utilisation de l'IA avancée et de l'expertise sectorielle
4. L'établissement d'un environnement de données unifié
5. L'exploitation de la norme technique OSDU® du Open Group et du Azure Data Manager for Energy de Microsoft

Cette collaboration devrait favoriser l'optimisation de l'efficacité et une production d'énergie plus durable pour Aker BP.

SLB und Aker BP haben eine langfristige Partnerschaft angekündigt, um eine KI-gestützte digitale Plattform für die E&P-Operationen von Aker BP gemeinsam zu entwickeln. Die Plattform wird die Delfi™-Digitalplattform und Cloud-Technologie von SLB nutzen, um Untergrundarbeitsabläufe zu transformieren, mit dem Ziel, Planungszyklen zu beschleunigen, die Produktion zu steigern und Kosten zu senken. Zu den wichtigen Aspekten der Partnerschaft gehören:

1. Die Migration des Anwendungsportfolios von Aker BP in die Cloud
2. Die Schaffung einer integrierten Plattform für Untergrundarbeitsabläufe
3. Die Nutzung fortgeschrittener KI und Fachwissen
4. Die Etablierung einer einheitlichen Datenumgebung
5. Die Nutzung des technischen Standarts OSDU® der Open Group und des Azure Data Managers for Energy von Microsoft

Die Zusammenarbeit soll Effizienzoptimierung und eine nachhaltigere Energieproduktion für Aker BP fördern.

Positive
  • Long-term partnership to co-develop AI-driven digital platform
  • Potential for substantial efficiency improvements across E&P operations
  • Acceleration of planning cycles and increased production
  • Cost reduction across entire E&P life cycle
  • Transition to cloud-based integrated platform for subsurface workflows
  • Leveraging advanced AI and domain expertise to reveal new insights
  • Commitment to open standards and integration with Microsoft Azure
Negative
  • None.

Insights

The collaboration between SLB and Aker BP to develop an AI-driven digital platform is a significant leap in the domain of digital transformation for the energy sector. Utilizing advanced AI and moving subsurface workflows to the cloud will likely streamline operations and reduce costs substantially. The Delfi™ digital platform and integration with Microsoft’s Azure Data Manager for Energy highlight the importance of high-performance computing in this initiative. This transformation could set a new industry standard, demonstrating how AI can be harnessed to optimize exploration and production processes, thereby potentially increasing overall productivity and efficiency.

From a financial perspective, this partnership is poised to enhance Aker BP’s operational efficiency, which could significantly lower operational costs and increase profit margins. The commitment to a long-term partnership suggests sustained improvements and innovation, likely leading to better financial performance over time. The emphasis on reducing environmental impact might also appeal to ESG-conscious investors, potentially attracting more capital. Additionally, this venture could create a competitive edge for Aker BP, positioning them as a leader in digital transformation within the E&P sector.

This move reflects a broader trend in the energy sector towards digitalization and sustainability. By integrating AI and cloud technologies, Aker BP is not just improving efficiency but also positioning itself as a forward-thinking company, ready to face future challenges. The adoption of the OSDU® Technical Standard and close collaboration with Microsoft highlights a strategic alignment with industry standards and major tech players, which could enhance market credibility. For retail investors, this partnership indicates a robust strategy that may drive long-term growth and resilience in a volatile market.

Long-term partnership will digitally transform Aker BP’s subsurface workflows to lower costs, shorten planning cycles and increase production more sustainably

HOUSTON--(BUSINESS WIRE)-- Regulatory News:

(Photo: Business Wire)

(Photo: Business Wire)

SLB and Aker BP today announced they have agreed a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and deliver substantial efficiency improvements across the company’s E&P operations. The new platform will leverage the Delfi™ digital platform to enable new digital solutions in the cloud for Aker BP.

“By co-developing AI-powered digital technologies, we will transform Aker BP’s subsurface workflows, accelerating planning cycles, increasing production, and reducing costs across their entire E&P life cycle,” said Rakesh Jaggi, President, Digital & Integration, SLB. “We have made a long-term commitment with Aker BP to continuously improve the subsurface part of their platform, driving constant efficiency optimization and more sustainable energy production.”

The partners will transition Aker BP’s current application portfolio to the cloud and create one integrated platform for subsurface workflows. The high-performance computing speed of the cloud will enable the platform to leverage advanced AI and domain expertise from SLB and Aker BP to reveal new insights from previously untapped data, driving substantial efficiency and performance improvements.

“The platform we develop in partnership with SLB is a key step in realizing our strategy to build the E&P company of the future and cement our position as a digital leader,” said Per Øyvind Seljebotn, SVP Exploration & Reservoir Development, Aker BP. “Leveraging the cloud for data-driven subsurface workflows will increase efficiency and value creation, while helping to lower the environmental impact from our fields and discoveries.”

An essential part of enabling AI-driven workflows is establishing a unified data environment. The new platform builds on SLB’s commitment to the Open Group’s OSDU® Technical Standard and close integration with Microsoft’s Azure Data Manager for Energy.

“Moving to the Delfi platform is a big step forward on our data-driven journey. The use of Azure Data Manager for Energy, a strong and open collaboration with our digital ecosystem, and a high ambition to leverage GenAI are key benefits in this partnership with SLB,” said Paula Doyle, Chief Digital Officer, Aker BP.

SLB, its partners and customers will discuss how AI, data, IIOT, and other trends are transforming today’s energy systems at the 2024 SLB Digital Forum in Monaco later this year. For more information, click here.

About SLB

SLB (NYSE: SLB) is a global technology company that drives energy innovation for a balanced planet. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.

Media

Moira Duff – Director of External Communications

SLB

Tel: +1 (713) 375-3407

media@slb.com

Investors

James R. McDonald – Vice President of Investor Relations

Joy V. Domingo – Director of Investor Relations

SLB

Tel: +1 (713) 375-3535

investor-relations@slb.com

Source: SLB

FAQ

What is the purpose of the partnership between SLB and Aker BP?

The partnership aims to co-develop an AI-driven digital platform to accelerate innovation and deliver substantial efficiency improvements across Aker BP's E&P operations.

How will the new digital platform benefit Aker BP's operations?

The platform is expected to transform subsurface workflows, accelerate planning cycles, increase production, and reduce costs across Aker BP's entire E&P life cycle.

What technology will the SLB-Aker BP partnership leverage for the digital platform?

The partnership will leverage SLB's Delfi™ digital platform, cloud technology, advanced AI, and domain expertise from both companies.

How does the SLB-Aker BP partnership align with industry standards?

The partnership builds on SLB's commitment to the Open Group's OSDU® Technical Standard and integrates with Microsoft's Azure Data Manager for Energy.

When will SLB discuss this partnership and other digital trends in the energy sector?

SLB will discuss AI, data, IIOT, and other trends transforming energy systems at the 2024 SLB Digital Forum in Monaco later this year.

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