Chevron inks deal with Microsoft to upgrade technology

In an effort to fuel its digital transformation, Chevron Corp. said it recently engaged Microsoft as its primary cloud provider in a seven-year partnership designed to upgrade the firm’s technology.

Cheveron said in a release that Microsoft’s Azure platform will help Chevron improve and advance its exploration, reservoir management, production operations and marketing operations.

Microsoft Azure Vice President Jason Zander described the arrangement with Chevron as “intelligent energy meets intelligent cloud,” the release said.

“Our global cloud infrastructure … will enable Chevron to leverage our capabilities across areas like high-performance computing and Internet of Things to become a truly digital business,” Zander said in the release.

Not only will Chevron benefit from internal operational enhancement, but it also stands to benefit from overall strategic cooperation allowing the two businesses to collaborate on joint projects.

“We embrace every opportunity that streamlines our workflows, gives us insights into more efficient operations and helps us compete,” Joe Geagea, Chevron’s executive vice president of technology, projects and services said in the release. “We … want to accelerate our deployment of new technologies that position us to increase our revenues, lower our costs, and improve the safety and reliability of our operations.”

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