AIQ, a joint venture between ADNOC and G42 group, announced on Monday several agreements with leading energy companies, in line with the UAE’s trends in AI-powered transformation across various industries, as part of its quest to enable a more sustainable, efficient and productive energy sector.
AIQ has a growing portfolio of applications powered by artificial intelligence to find solutions and address the challenges facing the energy sector, where the company has been known since its inception as a pioneer in the use of artificial intelligence to address the most prominent challenges facing the energy sector, entering a pivotal era in the world of transformation and creating a more sustainable path for the global energy sector.
The company “AIQ”, in cooperation with ADNOC, Halliburton and Honeywell, announced the world’s first technology based on artificial intelligence and was successfully implemented in Adnoc’s exploration and production operations. The technology, known as the automated well, harnesses artificial intelligence to extract hydrocarbons from Abu Dhabi’s vast natural reserves, and continuously improves the performance of the technology itself to enhance efficiency, safety and production, as well as reduce carbon emissions.
In addition, “AIQ”, in cooperation with ADNOC and SLB, announced a new solution based on artificial intelligence to analyze basins and develop fields, which contributes to stimulating digital transformation in the energy sector.
Advanced Basin technology is an application of Basin performance visualization to facilitate exploration and enhance operations, which leads to increased efficiency, reduced operational energy consumption, and reduced carbon emissions. The technology integrates all data into a unified system based on artificial intelligence and automation, in order to optimize field development plans.
In a similar context, the company “AIQ” and”AVEVA”, the British industrial software operator of Schneider Electric Group, have cooperated within a strategic partnership to implement the project “Neuron 5” and deploy autonomous systems to enhance and improve advanced energy efficiency.
This collaboration will enable proactive, data-driven decision-making, enhance asset availability and reduce reliance on manual controls in the energy sector.
