IBM, Amazon partner to extend reach of data tools for oil companies


FILE PHOTO: The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. REUTERS/Brendan McDermid

(Reuters) - International Business Machines Corp and Amazon.com Inc's Amazon Web Services said on Monday they would work together to extend the reach of a set of tools that oil companies use to manage disparate types of data.

Amazon in 2018 worked with Royal Dutch Shell to create a technology to turn data from more than a century of oil production, largely from paper records, into a standardized format for multinational oil companies to improve efficiency across their operations.

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