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Home›Business & Finance›Shell and Kongsberg in pact for digital transformation of wells
Business & Finance

September 7, 2021 · about 4 years ago

Shell and Kongsberg in pact for digital transformation of wells

Shell and Kongsberg have entered into a strategic partnership agreement to collaborate and accelerate digital solutions and transformation.

2 minutes read
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Kongsberg

Oil major Shell and Kongsberg Digital have entered into a strategic partnership agreement to collaborate and accelerate digital solutions and transformation for well delivery and performance.

During the previous few years, Kongsberg Digital has been supporting digitalization within the oil and gas industry. This strategy has been founded on agile methodologies, open ecosystems, data integration, and people-centric solutions.

Shell has used Kongsberg Digital’s real-time data products in its global wells portfolio for several years. Now, the company is undertaking a digital transformation of its wells business with a strong need for digital solutions.

Hege Skryseth , President of Kongsberg Digital and EVP Kongsberg, said: “We are very excited to enter into this new strategic partnership agreement with Shell International and enable the digital transformation of their well business. We believe the partnership approach is a significant reason why we have successfully created tools for digital transformation that work for our customers, and that have broad application across the industries they are in”.

The agreement is to align initiatives across the overall life cycle for well deliveries, through planning, execution and reporting by shared visibility into each other’s roadmap and to increase the creation of market-driven applications, Kongsberg explained.

Jon Crane , Vice President of Wells Digital in Shell International, said: “We are excited to formalize our collaboration on the next generation projects in Wells IoT and Shells wider Digital transformation. Advances in cloud technology, ML delivery and visualization techniques open up opportunities to improve operational safety and decision making. This will position both companies at the forefront of drilling and wells digital journey”.

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