As part of the long-term cooperation, Repsol will also supply wind and solar power to Microsoft for its operations in Europe
Spanish energy and petrochemical company Repsol has expanded its collaboration with Microsoft to accelerate its digital transformation and the global energy transition.
As part of the expanded collaboration, the two companies intend to co-innovate to develop new AI-powered digital solutions. Initially, the companies announced a collaboration in 2017.
In addition, the long-term cooperation will see Repsol supplying wind and solar power to Microsoft for its operations in Europe, including Spain.
The Spanish company will also use Microsoft cloud solutions to power its operations, including recommitting to the Azure cloud platform.
Repsol CEO Josu Jon Imaz said: “The extension of our collaboration and the supply of renewable energy undoubtedly reaffirms the vision that both companies share about sustainability and how digitalization will transform the energy sector.”
To explore the development of various initiatives for the energy industry transformation, the two companies plan to utilise their expertise in the energy sector and digital technologies such as AI, IoT and edge.
The areas to be focused by the Repsol and Microsoft collaboration will include the use of disruptive technologies to enable autonomous systems and efficient operations, improve productivity and safety for employees, and support the development of advanced energy solutions such as biofuels, energy storage and more.
As part of its hybrid cloud strategy, Repsol has extended its use of Microsoft cloud solutions.
In addition, the company is also expanding its use of Microsoft 365 and Microsoft Teams to enable enhanced collaboration, communication and productivity for its employees.
Microsoft CEO Satya Nadella said: “Today the world is confronted with an urgent carbon crisis, and we have an opportunity to apply advances in digital technology to help the energy industry transition to a more sustainable future.
“Our collaboration with Repsol brings together the company’s leadership in renewable energy with the power of Azure, Microsoft 365 and Power Platform to accelerate Repsol’s digital transformation and reduce carbon emissions.”
Recently, French oil and gas giant Total announced a collaboration with Microsoft to advance digital transformation and support the transition towards net-zero emissions.