Azule Energy selects Palantir Foundry to digitize upstream operations, optimize production

World Oil Staff August 09, 2023

(WO) – Palantir Technologies Inc. and Azule Energy, a leading Angolan energy provider, have entered a multi-year partnership to deploy cutting edge software to optimize Azule Energy's upstream production. Palantir Foundry will help Azule Energy manage their current 200,000 bbl of daily 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 digitize 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.

Palantir has worked in the energy sector for more than a decade, helping customers from small operators to Fortune 500 companies meet challenges and capture opportunities throughout the value chain. Palantir's customers have harnessed the power of Foundry to deliver both immediate results and compounding value across a wide range of use cases, with seamless interoperability between massive datasets and mission-critical models.

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