Emerson Electric Co. (NYSE:EMR) said Monday it entered a long-term strategic collaboration with Equinor ASA (NYSE:EQNR) to supply measurement technologies and services across the energy company’s global offshore and onshore operations.
The 13-year frame agreement, including options, will expand the companies’ existing automation partnership. It also supports Equinor’s efforts to improve production, reliability and efficiency across its energy assets.
Emerson Expands Equinor Automation Partnership
Under the agreement, Emerson will provide measurement instrumentation, analytical technologies and lifecycle services. The systems will help Equinor accelerate project development, extend field life and improve resource recovery.
In addition, the partnership aims to standardize operations across Equinor’s global assets. The companies will also work together on technology innovation and digital operations.
