AIQ, ADNOC’s Abu Dhabi-based technology venture has collaborated with Oil and Gas Holding Co (nogaholding) to integrate and deploy artificial intelligence and digital solutions into its upstream operations.
Through this collaboration, nogaholding will utilise the latest AI technologies provided by AIQ to increase the operational efficiency of Tatweer Petroleum, a subsidiary of nogaholding, WAM reported on Friday.
The digitalisation project will use machine learning and data science to enhance existing field architecture to optimise and improve performance, while reducing operational risk.
Omar Al Marzooqi, CEO of AIQ, said, “AIQ is developing breakthrough AI tools and applications that accelerate the sustainable digital transformation of the energy sector. We look forward to working with nogaholding to leverage the power of AI and data to unlock value for Tatweer Petroleum.”
AIQ has enabled the development of breakthrough AI solutions across the energy industry, with the company focusing its expertise on critical AI projects across the oil and gas value chain. AIQ efficiently collects, categorises, and models data allowing for smarter, safer, and more informed decision-making.
