July 9, 2019 - ABB and Norwegian oil and gas producer OKEA have signed a Memorandum of Understanding (MoU) agreement to support OKEA achieve substantial productivity gains using agile and dynamic business models.
The MoU reflects future potential for OKEA to leverage ABB’s global digital resources and industry experience in sustaining lean and optimized operations for the future – with responsive business models to support field developments at a time of technological change in offshore operations.
“We are pleased to express our joint efforts with ABB to further develop our collaboration through this MoU, which constitutes a framework for defining a strategic partnership related to digitalization initiatives,” said Dag Eggan, Senior Vice President of Business Performance, OKEA.
The MoU will support OKEA in their strategy to maintain an efficient organization and scale production by leveraging ABB’s expertise in autonomous operations, digital solutions and advanced services.
About ABB
ABB is a specialist in digital industries. With a history of innovation spanning more than 130 years, ABB has four customer-‚Äãfocused, businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, supported by its common ABB Ability digital platform.
