Abu Dhabi – Mubasher: The Oil and Gas Holding Company announced its cooperation with AIQ, the artificial intelligence joint venture of the Abu Dhabi Oil Company (ADNOC) with G42, with the aim of employing artificial intelligence and digital solutions in search and exploration operations.
Under this partnership, the Oil and Gas Holding Company will benefit from the latest artificial intelligence technologies provided by AIQ to increase the operational efficiency of its subsidiary Tatweer Petroleum, according to the Emirates News Agency, WAM, today, Thursday.
The digitization project will focus on the use of machine learning and data science to enhance the existing field architecture, which will improve and develop performance while reducing operational risks.
Mark Thomas, Group CEO of the Nogaholding Company, said: “The fourth industrial revolution has contributed to enhancing operations and efficiency in companies through the use of big data and artificial intelligence..Through this cooperation with the “AIQ” company, the Nogaholding Company aims to enhance The value of national resources and exploring new areas to discover development opportunities.
For his part, Omar Al Marzouqi, CEO of AIQ, said: “AIQ focuses on developing advanced artificial intelligence tools and applications that contribute to advancing the sustainable digital transformation of the energy sector. We look forward in this cooperation to work with the Oil and Gas Holding Company to benefit from the strength of Artificial intelligence and data to open and create broader horizons for Tatweer Petroleum.”