Award by ADNOC highlights AIQ’s position as leading AI options company to the energy market and enhances ADNOC’s objective to end up being the world’s most AI-enabled energy business
Wide-scale implementation of world’s very first massive agentic AI option for the energy sector follows effective conclusion of ENERGY ai trial stage throughout ADNOC’s upstream operations
AIQ to present ENERGY ai throughout ADNOC’s upstream operations driving optimization and performance
ABU DHABI, UAE, March 12, 2025/ PRNewswire/– Structure on the effective conclusion of a transformative proof-of-concept stage, AIQ– a Presight business– reveals a landmark $ 340 million agreement with ADNOC to release ENERGY ai and associated AI options throughout ADNOC’s upstream worth chain. The three-year agreement will see ENERGY ai and a suite of associated AI options presented throughout ADNOC’s upstream operations, driving optimization and performance.
Developed on 70 years of exclusive information and understanding, ENERGY ai integrates big language design (LLM) innovation with advanced agentic AI, which is trained for particular workflows throughout ADNOC’s upstream worth chain. ENERGY ai brings a brand-new level of performance and accuracy to vital jobs, from seismic analysis to geological modeling and real-time procedure tracking, minimizing time for important company procedures from months to days, reducing expense, and emissions while doing so.
Musabbeh Al Kaabi, ADNOC Upstream CEO, stated: “ADNOC is on an objective to end up being the world’s most AI-enabled energy business, optimizing the capacity of AI to drive performance and worth production throughout our operations. We anticipate dealing with AIQ to scale ENERGY ai throughout the upstream company, combining our position as an accountable and dependable provider of energy to worldwide markets, providing the energy system of the future.”
ENERGY ai will utilize big language designs to allow engineers to “talk” to ADNOC’s exclusive information, optimizing specific efficiency, providing brand-new insights and chances.
Magzhan Kenesbai, Performing Handling Director, AIQ stated: “This agreement marks a specifying minute for AIQ. In collaboration with ADNOC, we have actually established a world-first agentic AI option that is scalable throughout the whole energy worth chain and has the possible to change the market as we understand it. We are happy to see ENERGY ai relocation from an effective proof-of-concept to complete implementation, allowing ADNOC to open unrivaled effectiveness, minimize carbon strength, and advance their sustainability aspirations. This accomplishment shows our dedication to providing ingenious, high-impact AI options that not just fulfill the obstacles these days however likewise form the future of energy.”
Established by AIQ with ADNOC specialists, in cooperation with G42 and Microsoft, ENERGY ai will incorporate best-in-class innovations, consisting of Azure cloud stack, agentic AI platform performance, Open Subsurface Data Universe structure (OSDU), and OpenAI designs.
Thomas Pramotedham, CEO of Presight, stated, “We praise AIQ on finalizing this landmark arrangement with ADNOC. As the significant investor of AIQ, we are exceptionally happy to see this collaboration come to life, and we stay dedicated to supporting AIQ’s development as it continues to drive development and produce enduring worth for the energy market and our investors. Agentic AI is commonly acknowledged by specialists as the future of AI advancement and combination. Here in the UAE, through Presight’s cooperation with AIQ and ADNOC, we are not simply anticipating the future, we are developing it with used intelligence today. ENERGY ai is a world-leading option that will set the criteria for development and quality in agentic AI.”
The very first functional, scalable variation of ENERGY ai is anticipated to be finished in mid-2025. This variation will consist of 5 completely functional AI representatives covering jobs within subsurface operations and will be test-deployed throughout a number of upstream properties, with strategies to scale its application to countless extra wells. Over the three-year agreement term, AIQ will finish the present of ENERGY ai to all ADNOC’s upstream properties, making up more than 28 producing fields, consisting of a few of the world’s biggest and least carbon extensive oilfields.
About AIQ
AIQ is an ingenious worldwide innovation leader based in Abu Dhabi, devoted to speeding up AI-driven improvements within the Energy sector, moving it towards a sustainable future. AIQ options enhance efficiency and performance; safeguard workers, properties, and operations; and allow consumers to fulfill their sustainability objectives. As a dedicated factor to understanding the UAE’s aspiration to lead the world in AI by 2031, AIQ is playing an essential function in the AI community of Abu Dhabi, the UAE, and the worldwide Energy sector. To discover more, go to: aiqintelligence.ae/
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SOURCE AIQ
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