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Palantir Technologies Inc. and Azule Energy partner on software to optimise upstream production

Published by , Deputy Editor
Oilfield Technology,

Palantir Technologies Inc. and Azule Energy have entered a multi-year partnership to deploy software to optimise Azule Energy’s upstream production. Palantir Foundry will help Azule Energy manage their current 200 000 bpd oil production and support their growth goal of 250 000 bpd.

Azule Energy, a 50/50 independent joint venture owned by bp and Eni, has selected Palantir Foundry to digitise operations of their assets safely and efficiently. Foundry will be deployed in Azule Energy’s upstream oil production business to support petroleum engineers, process engineers, flow assurance engineers, and more. Foundry will also assist in development of Azule Energy’s upstream ontology, connecting their data, including real time sensor data, from wells, pipelines, compressors, and other equipment allowing safe and productive workflows.

“We are excited to work with Azule Energy and expand our presence in an industry we’ve worked and operated in for more than a decade,” said Matt Babin, Global Head of Energy at Palantir. “Palantir Foundry will serve as the digital foundation for Azule Energy’s upstream production business, helping them manage and grow their production safely and optimally.”

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Upstream news Upstream drilling news Oil & gas news