Multinational software provider SAP (ADR) and Shell, a global oil and gas company, yesterday announced a new long-term agreement for cloud services.

Both companies will work together to help Shell reduce its operating costs and accelerate its transition to SAP HANA in the cloud.

The new agreement extends the relationship between SAP and Shell through 2020.

Shell will use several SAP cloud services, including:

SAP said it will embed a team of experts into the Shell organization to work closely together with the company to ensure it can take full advantage of the cloud.

“We are pleased that a global leader like Shell has signed this contract with SAP,” Rob Enslin, president of SAP’s global customer operations, said in a prepared statement. “We are confident that SAP will improve Shell’s ability to tap into the agility and innovation of the cloud and drive entirely new ways of doing business, leveraging the power of SAP Cloud powered by HANA.”

SAP also announced plans to deliver industry-specific cloud solutions earlier this month.

The company launched an Industry Cloud organization that will work with customers and partners to provide solutions across hybrid, private and public infrastructures.

“With SAP’s proven integration, consistency and coherency across all lines of business, mobile, analytics and technology, we are primed to deliver the deepest and broadest industry cloud solutions in the world,” Simon Paris, head of SAP’s Industry Cloud organization, said in a prepared statement.

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