Data & Analytics

Equinor Picks Seeq for Analytics

The Norwegian major agrees to use Seeq’s software in an effort to maximize production and enhance efficiency across its assets.

the concept of drilling geological exploration wells for oil. Collect and analyze the obtained data using artificial intelligence and reduce drilling costs
Source: Igor Borisenko/Getty Images

Industrial analytics company Seeq and Norwegian oil and gas major Equinor have announced a multiyear agreement for the energy company to use Seeq’s analytics and artificial intelligence (AI) platform to further its digital transformation.

Through the agreement, Equinor will use Seeq’s software across a variety of assets. Equinor said that, initially, it plans to use the platform to monitor well and process behavior to try to get a better understanding of daily operations and maximize production, enhance workforce collaboration, and increase efficiency.

“Innovative energy organizations like Equinor want to leverage interoperable systems that utilize collective knowledge to accelerate value,” said Lisa Graham, Seeq’s CEO. “Seeq is honored to provide our open, industrial analytics and AI SaaS [software as a service] platform to Equinor to drive rapid, enterprisewide digital transformation outcomes.”

Seeq’s self-service, industrial analytics, and AI platform accesses vast amounts of historically underused data by incorporating AI, machine learning, and other capabilities into its platform.

Norway-based software and services company Amitec will support the Seeq implementation for Equinor.