Parties to Collaborate on Excess Power-to-Datacentre for HPC Operations in Kuwait, Iraq, the Kurdistan Region of Iraq, and the United Arab Emirates
Earth, Wind & Power (“EWP”), a leading Norwegian innovator in transforming excess energy into green data centre services, today is pleased to announce it has signed an exclusive collaboration agreement with OiLSERV, one of the largest regional independent fully integrated Oilfield Services Companies in the MENA region and headquartered in the UAE.
This agreement covers the territories of Kuwait, Iraq, the Kurdistan Region of Iraq, and the United Arab Emirates. This unique technology solution harnesses excess energy to power “off-grid” modular, scalable datacentre infrastructures to support High Performance Computing (HPC), and other datacentre services, which is key to driving the digitalisation ecosystem such as big data, data mining, AI and the Internet of Things(IoT).
EWPs’ modular Datacentre containers are powered by capturing excess energy from flare gas and renewable sources – all with zero impact to the existing grid infrastructure due to technological and operational excellence and enhanced environmental standards. This presents one of the most energy efficient digital infrastructures worldwide.
The combined Energy Transition Technology solution allows both private and institutional stakeholders to harness that excess energy and to either facilitate their own domestic cloud capacity or to simply monetise their excess gas by selling HPC data processing to generate an additional revenue stream.
EWPs’ datacentre services also offer Governments a higher level of increased homeland security by facilitating domestic data centre clouds and associated services.
“We are delighted to have signed this exclusive collaboration agreement with OiLSERV, which marks another significant milestone on our journey. MENA is an important region for us given the size of the market and scale of opportunity to support improved energy usage and the continuing growth in demand for data centre services. We look forward to working with the team at OiLSERV to grow the partnership going forward” says Ingvil Smines Tybring-Gjedde, CEO and Co-Founder of Earth Wind & Power and former Norwegian Minister of National Public Security and Deputy Minister of Petroleum and Energy.
“OiLSERV’s Production & Energy Solutions business line has expanded and diversified its portfolio over the last 12 months to provide strategic energy transition technology solutions. We are delighted to have signed this exclusive collaboration agreement with Earth, Wind & Power, to provide emissions management solutions that are modular, scalable, provide speed to market and that encapsulates and supports both the energy transition and digitalisation ecosystem. This coupled with our Project Financing solutions allows us to be well positioned in the MENA region to support the Energy Transition Initiatives especially on the backdrop of COP27 and COP28. We look forward to working with the team at Earth, Wind & Power to grow this partnership” says Donal Dempsey, EVP – Production & Energy Solutions and Chairman ESG Committee at OiLSERV”.