World oilfield services provider Schlumberger has announced a joint initiative with tech giant IBM and open source software leader Red Hat to accelerate hybrid cloud digital transformation in the oil and gas industry.
The collaboration will see IBM providing hybrid cloud technology to assist Schlumberger’s oil exploration and production operations, built on an open source platform powered by Red Hat.
“The energy industry is transforming as organizations look for efficient new ways to power their operations, adopt digital technologies to create a competitive advantage, and innovate and integrate workflows to make faster and better decisions,” said Paul Cormier, President and Chief Executive Officer of Red Hat.
This historic announcement came a day after IBM and Red Hat launched Red Hat Marketplace, a one-stop-shop that allows developers to find, test, purchase, deploy and manage software applications across multicloud environments.
Prior to the announcement, Schlumberger, IBM and Red Hat had successfully piloted the new hybrid cloud on Red Hat OpenShift, an open source container application platform. As a result, Schlumberger has agreed to the exclusive use of Red Hat OpenShift in its future E&P operations.
The landmark collaboration will focus on two key areas: first, it will seek to increase access for customers via Schlumberger’s existing DELFI Cognitive E&P environment.
“A hybrid cloud foundation built on open source offers the flexibility, acceleration and innovation this digital transformation requires,” said Mr. Cormier.
Next, the initiative will aim to deliver the first hybrid cloud implementation in the oil and gas industry, the OSDU data platform.
“The logic, purpose, and differentiation of all businesses can now be rendered in code, which is why digital innovation has become the most powerful way to drive transformation and hybrid cloud is the lever that unleashes it,” said Arvind Krishna, the Chief Executive Officer of IBM.
Schlumberger provides technological support to many of the world’s oil and gas companies. Its collaboration with IBM and Red Hat marks a significant turning point for the energy industry.
“Together, we are enabling seamless access to a hybrid cloud platform in all countries across the globe for deployment in any basin, for any operator,” notes Olivier Le Peuch, CEO of Schlumberger.
As businesses continue to digitally transform, the oil and gas industry is following suit, which can also be seen in Thailand, as Halliburton was recently awarded a digital transformation contract by Thailand’s state-owned petroleum exploration and production company, PTTEP.
Got a story, opinion or more information on this article? Contact us at email@example.com.
And get the latest updates by signing up to the W.Media Newsletter!