It uses the “AR360” tool, which was developed in cooperation between “A.I.Q“, and “SLP” company, in line with the strategy of “ADNOC“Artificial Intelligence and Digital Technology “Artificial Intelligence for Future Energy”, with the aim of improving reservoir management and enhancing oil and gas field development plans.
On this occasion, Abdul Moneim Saif Al Kindi, CEO of the Exploration, Development and Production Department at ADNOC, said that the expansion of the integration of the “AR360“In many oil reservoirs it reflects success ADNOC In taking advantage of advanced artificial intelligence technologies, in supporting its efforts to enhance and increase the value of the country’s natural resources.
He added that, based on its investments in the field of innovation and technology over many years, ADNOC will continue to accelerate the use of artificial intelligence solutions, starting from control rooms, all the way to executive management meeting rooms, in order to support its ongoing efforts to meet the growing global demand for… Energy Responsibly.
Using the “AR360” tool contributes to reducing the time required to prepare development plans, increasing the life of the well, and raising oil recovery rates, by achieving a balance between drilling new wells, enhancing the performance of existing wells, and improving the quantities of injection and production materials.
For his part, Magzan Kiensby, Acting CEO of AIQ, said: “ADNOC’s expansion of the use of the AR360 tool confirms the success of the technology provided by the company.”A.I.Q“, which contributes to strengthening its position as a leading global supplier of technologies artificial intelligence assigned to the sector Energy“.
He stressed the commitment to continuing efforts to raise operational efficiency in all areas and stages of the value chain of the energy sector, with a focus on exploration, development and production operations to contribute to enhancing and increasing the value of the sector.
Unlike traditional forecasting techniques that need to work across multiple software platforms and data sets, which may take a long time, the “AR360” tool works to integrate these requirements into one platform, through the use of artificial intelligence techniques, which saves time and helps in making decisions. Proactively.
It is noteworthy that ADNOC has so far used more than 30 artificial intelligence tools, starting from the control room all the way to the executive management meeting rooms, to enhance safety and reduce… emissionsincreasing efficiency and creating more value.
