Palantir, Bapco Energies Enter Strategic Partnership to Support Bahrain’s Energy Production
Palantir Technologies Inc. (NYSE: PLTR), a leading provider of AI systems to the energy sector, and Bapco Upstream, a 100% owned subsidiary of Bapco Energies, today announced a strategic, multi-year partnership to deploy Palantir’s software to support and help accelerate Bapco Upstream’s ability to power the next generation of energy in the Kingdom of Bahrain.
- Palantir Technologies Inc. (NYSE: PLTR), a leading provider of AI systems to the energy sector, and Bapco Upstream, a 100% owned subsidiary of Bapco Energies, today announced a strategic, multi-year partnership to deploy Palantir’s software to support and help accelerate Bapco Upstream’s ability to power the next generation of energy in the Kingdom of Bahrain.
- Palantir’s Foundry Platform and Artificial Intelligence Platform (AIP) will be deployed in a three-year agreement to help Bapco Upstream maximize its return on investment on energy production in the country and support its mission to connect the energy infrastructure of the Kingdom of Bahrain in an unprecedented way.
- "We are honored to be selected by Bapco Energies to bring our platforms and expertise in the sector to Bahrain, particularly as they pursue their ambition to provide secure energy and advance on the energy transition," said Matt Babin, Global Head of Energy at Palantir.
- “We are proud of this partnership, which will enable Bapco Upstream to boost output, improve efficiency, and meet Bahrain's energy goals.”