Palantir and bp Agree to 5-Year Strategic Relationship With New AI Capabilities
2024年9月9日 - 7:59PM
ビジネスワイヤ(英語)
Palantir Technologies Inc. (NYSE:PLTR) and bp (NYSE:BP) have
announced an enterprise agreement that will extend their strategic
relationship and introduce new artificial intelligence capabilities
with Palantir’s AIP software.
The new contract will build on a decade of deep collaboration
that has created a firm foundation for bp’s oil and gas production
operations, using Palantir’s industry-leading software. Since 2014,
Palantir software has been deployed widely by bp to support its oil
and gas production operations, from offshore oil platforms in the
North Sea and the Gulf of Mexico, to the Khazzan gas fields in
Oman.
During that decade, it has supported bp’s digital transformation
programme, with a focus on delivering efficiencies in the oil and
gas production system. Central to that programme has been the
development of a model-based digital twin of bp’s oil and gas
production activity, enabling performance improvements. This
entails the integration of dynamic digital physical asset models
with real time data from over 2 million sensors into a single
integrated operating picture, through Palantir software.
Palantir’s AIP software will assist bp to safely and reliably
harness large language models (LLMs) to improve and accelerate
human decision-making with suggested courses of action based on
automated analysis of the underlying data.
Within the software, the robustness of the underlying data
infrastructure and digital twin are combined with tools to ensure
transparency into AI recommendations. This means that the software
is designed to enable safe and reliable AI deployment and guard
against hallucinations. Meanwhile, security features control what
LLMs can and cannot do together with fully auditable digital
records of any decisions or actions taken.
“We are incredibly excited to continue our strategic
relationship,” said Matthew Babin, Head of Energy and Natural
Resources at Palantir. “Going forward, our objectives together
remain the same: further enhancing the efficiency of bp’s
operations while increasing data integration. Now, AIP offers the
opportunity to help accelerate human decision-making on top of the
robust digital twin and deep operational workflows already in
place.”
Sunjay Pandey, SVP digital delivery, bp, said: “Our strategic
relationship with Palantir will continue to play an important role
in supporting the ongoing digital transformation of bp’s
operations. The use of advanced digital twin simulations helps us
to safely monitor and optimize various aspects of the production
process to enhance operational performance. We look forward to
building on the progress we have made over the years.”
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Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements may relate to, but are not limited to,
Palantir’s expectations regarding the amount and the terms of the
contract and the expected benefits of our software platforms.
Forward-looking statements are inherently subject to risks and
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Forward-looking statements are based on information available at
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version on businesswire.com: https://www.businesswire.com/news/home/20240909534283/en/
Ben Mascall bmascall@palantir.com
Palantir Technologies (NYSE:PLTR)
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Palantir Technologies (NYSE:PLTR)
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