Equinor has partnered with Microsoft to develop new digital solutions for the oil and gas industry. Microsoft will provide expertise to accelerate Equinor’s IT development and establish new data centre regions in Stavanger and in Oslo.
The partnership enables Equinor to shape and accelerate the development of fit for purpose IT services for the energy industry, and secure a faster transition to the cloud, said Equinor, formerly known as Statoil.
Leveraging the cloud is a prerequisite for the energy industry’s transformation toward a digital future, the state controlled company said.
“The rapid technology development creates new opportunities, and the partnership enables our digital journey to deliver more safe, secure and efficient operations. Equinor’s ambition is to become a global digital leader within our industry, and a cloud data centre in Norway will simplify and accelerate Equinor’s adoption of the cloud,” Åshild Hanne Larsen, chief information officer, said in a statement.
The partnership is a seven-year consumption and development agreement in the hundreds of millions of dollars. The agreement will be a platform to identify innovative solutions for the energy industry and further capitalize on common business opportunities. Equinor and Microsoft will secure the desired outcome by committing key industry and technology expertise.
“Extending our long-standing collaboration with Microsoft enables continued IT-innovation, business growth and furthers our digital ambitions. The strategic partnership will, through cloud services, involve development of the next generation IT workplace, extended business application platforms and mixed reality solutions,” said Larsen.