Emerson Signs 13-Year Deal with Equinor to Enhance Operational Efficiency
Emerson Electric Co. (NYSE:EMR) has signed a long-term strategic collaboration agreement with Equinor ASA (NYSE:EQNR), spanning up to 13 years, to supply measurement technologies and services across the energy company's global operations. The deal expands their existing automation partnership and aims to improve production efficiency, reliability, and resource recovery for Equinor’s onshore and offshore assets. Under the agreement, Emerson will provide instrumentation, analytical tools, and lifecycle support systems that are expected to accelerate project development and extend field life. Additionally, both companies plan to collaborate on digital operations and technology innovation, building upon over 40 years of cooperation between them. The partnership aligns with Equinor’s Norwegian Continental Shelf 2035 goals. The deal is seen as a continuation of Emerson's role in supporting key technologies already used by Equinor, including subsea flow meters and emissions management systems.
Topics: automation digitalization energy