The producer will perform with the rapper throughout his upcoming UK and Ireland tour from October 3, which kicks off in Manchester and ends at London's O2 Arena on October 14, as well as feature throughout his Europe tour, it has been confirmed.
The pair - who have worked closely together for over ten years - have teamed up for the track 'BBC' on Jay-Z's latest album after settling their differences following their ''petty'' disagreement over 'The Blueprint 3' in 2009.
Timbaland said previously: ''Jay and I fell out. I missed his 40th [birthday.] It was over petty stuff. It was more personal stuff and disagreements. It was not industry-related. It was personal, and I was wrong.
''[The fall-out] was low key, nobody knows about this. But when you're real friends, you will disagree and not speak and come back together and realise that you're better together than apart.''
Timbaland is currently working on his new solo album, which is expected to be released early 2014.
In Deepwater Horizon, Mark Wahlberg reteams with his Lone Survivor director Peter Berg.
The live album is set for released in November.
The movie begins filming in the UK.
The 'Sherlock' and 'Doctor Strange' star joined Gilmour onstage at the Royal Albert Hall for a rendition of the Pink Floyd classic.
Time to learn what Kathy Bates' character has to do with all of this.