Microsoft has announced a strategic collaboration with DeepIQ and OMV Energy to integrate Agentic AI into global drilling operations, driving greater efficiency, safety, and digital transformation in the energy sector. The announcement comes as Microsoft’s share price rose 7% over the past quarter, fueled by strong earnings, new product rollouts, and investor optimism around AI-driven innovations.
The partnership centers on embedding Agentic AI into OMV Energy’s digital infrastructure to automate risk detection, optimize equipment selection, and enhance knowledge management. By leveraging AI-powered insights, the solution aims to minimize downtime, reduce tool failures, and support more informed operational decisions.
Vish Avasarala, CEO of DeepIQ, commented: “Our collaboration with OMV Energy and Microsoft is a key step forward in our efforts to contribute to the digital transformation of the energy industry. By harnessing powerful AI alongside comprehensive data, we aim to empower operators to make more informed design decisions, reduce operational risks, and enhance overall safety, driving efficiency at a grand scale.”
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Richard Kucs, Drilling Advisor at OMV Energy, added: “At OMV Energy, we are dedicated to enhancing our operations by integrating digital, AI-driven systems, thereby allowing our engineers to focus on what they do best: Engineering.”
The initiative also aligns with OMV Energy’s broader digital transformation strategy, which prioritizes operational efficiency, sustainability, and workforce upskilling. A hybrid cloud-edge architecture will support the global rollout of AI-driven automation across OMV Energy’s well construction operations.
Hermann Erlach, General Manager of Microsoft Austria, stated: “Agents are the apps for a new AI-powered world and have the potential to transform business processes. For energy companies, Agents can help improve safety and reliability, streamline operations, enhance collaboration and drive innovation at scale.”
With this collaboration, Microsoft, DeepIQ, and OMV Energy are demonstrating how AI-driven automation can unlock innovation in critical industries, setting new benchmarks for safety, reliability, and performance in energy operations worldwide.