Over 30 AI tools have unlocked significant value across ADNOC’s full value chain
ADNOC recently announced today that it generated US$ 500mn (AED 1.84bn) in value by deploying artificial intelligence (AI) solutions in 2023.
The value was generated from the integration of over 30 industry-leading AI tools across ADNOC’s full value chain, from field operations to smarter and quicker corporate decision making.
Together, these applications also abated up to 1mn tonnes of carbon dioxide) emissions between 2022 and 2023, the equivalent of removing around 200,000 gasoline-powered cars from the road.
The achievement is testament to ADNOC’s longstanding strategy to develop and deploy pioneering technologies such as AI, robotic automation, and advanced data analytics. The milestone marks the start of a multi-year program to accelerate the deployment of a suite of AI solutions across ADNOC’s value to chain to further enhance safety, while driving down emissions and driving up value.
AI
“At ADNOC, we have integrated artificial intelligence across our operations, from the control room to the boardroom, and it is enabling us to make smarter decisions and better protect our people and the environment,” remarked HE Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO.
In ADNOC’s upstream operations, AI applications play a central role in mapping subsurface resources, optimizing drilling, production activity and smarter reservoir management. This enables ADNOC to quickly and efficiently grow its production capacity and ensure the continued delivery of lower-carbon intensity energy to the world.