(WO) – ADNOC introduced right this moment the deployment of AIQ’s Superior Reservoir 360 (AR360) resolution on greater than 30 reservoirs throughout ADNOC’s upstream operations, following the answer’s profitable preliminary deployment in early 2024 on two ADNOC reservoirs at Bab and Umm Shaif fields.
Developed by AIQ with SLB as a part of ENERGYai, ADNOC’s synthetic intelligence and digital know-how technique, AR360 makes use of synthetic intelligence (AI) and machine studying applied sciences to enhance reservoir administration and optimize area growth planning.
“The mixing of AR360 throughout extra of our reservoirs is a testomony to our success in harnessing AI and superior applied sciences to unlock extra worth from our pure sources,” mentioned Abdulmunim Saif Al Kindy, Government Director of ADNOC Upstream. “Constructing on many years of funding in innovation and know-how, we’ll proceed to speed up the deployment of AI options from the management room to the boardroom as we responsibly meet the rising world power demand.”
AR360 reduces planning time whereas growing nicely life and restoration charges by guaranteeing the suitable steadiness between drilling new wells, boosting efficiency of present wells and optimizing injection and manufacturing volumes.
“The prolonged deployment of AR360 by ADNOC is a crucial endorsement of our know-how and reinforces the emergence of AIQ as a growing world AI provider for the power sector,” mentioned Magzhan Kenesbai, Performing Managing Director of AIQ. “We’re dedicated to proceed driving larger operational efficiencies throughout all the power worth chain, and in upstream operations specifically, and unlock larger worth for the trade.”
Whereas conventional forecasting applied sciences require working throughout a number of software program platforms and information units, which might be time-consuming, AR360 integrates every thing on a single platform and makes use of AI to avoid wasting time and allow higher and extra proactive decision-making.
ADNOC has thus far deployed greater than 30 AI instruments throughout its worth chain with the objective to boost security, scale back emissions and maximize worth.
About ADNOC
ADNOC is a number one diversified power and petrochemicals group wholly owned by the Emirate of Abu Dhabi. ADNOC’s goal is to maximise the worth of the Emirate’s huge hydrocarbon reserves by means of accountable and sustainable exploration and manufacturing to assist the United Arab Emirates’ financial progress and diversification.
About AIQ
AIQ is an revolutionary world know-how firm based mostly in Abu Dhabi. AIQ offers AI-driven developments inside the power sector, propelling it in direction of a sustainable future. AIQ options goal to enhance efficiency and effectivity, shield personnel, property and operations, and allow prospects to satisfy their sustainability targets. AIQ is enjoying a pivotal position within the AI ecosystem and the worldwide power sector, and the corporate is dedicated to realizing the UAE’s ambition to guide the world in AI by 2031.