Saudi Aramco Buys Aker BP's Shares In Cognite
Saudi Aramco, Cognite’s long-time digitalization partner in the Middle East, has acquired a 7.4 percent stake in Cognite.
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Saudi Aramco, Cognite’s long-time digitalization partner in the Middle East, has acquired a 7.4 percent stake in Cognite.
Cognite, a global industrial SaaS company, has announced that Saudi Aramco, through its key subsidiary, has invested in the group by purchasing 100% of Aker BP's shares in the company. The company currently works with Aramco as a digitalization partner.
Cognite, a global industrial SaaS company, has announced that Saudi Aramco, through its key subsidiary, has invested in the group by purchasing 100% of Aker BP's shares in the company. The company currently works with Aramco as a digitalization partner.
"Spot" the robot dog aboard the Skarv FPSO in the North Sea. PHOTO SOURCE: Cognite The energy transition and digitalization are common buzzwords in the oil and gas industry. According to the head of an industrial data software firm, the former will rely on the latter. “Digitalization will be the backbone of the energy transition,” said John Markus Lervik, CEO and co-founder of Cognite. “Instant access to trustworthy contextualized data for better business decisions will transform the industry. Those who invest in their digital agendas and focus on scalability and democratized user enabl...