Across the globe, and particularly in the GCC, national oil companies (NOCs) continue to invest in digitising their operations. Tools such as AI and machine learning are being successfully deployed as part of a comprehensive digital transformation strategy with promising results.
Through their dedicated 4IR Center, Saudi Aramco is deploying technology solutions to meet the world’s energy needs while minimising the environmental impact of their activities. The World Economic Forum has recognised the NOCs ‘Uthmaniyah Gas Plant as a “Lighthouse” manufacturing facility – a leader in 4IR technology applications. It is one of the world’s largest gas processing plants and uses advanced analytics and AI solutions to increase productivity while enhancing the safety, reliability and efficiency of its operating facilities. Meanwhile, in the Khurais oil field, Saudi Aramco reduced total energy consumption by 18%, reduced maintenance costs by 30%, and reduced inspection times by about 40% through AI applications.
Similarly, the Abu Dhabi National Oil Company (ADNOC) has also made strategic investments and launched several initiatives in technology and innovation as part of its digital transformation. These initiatives include the Panorama Digital Command Center, which leverages AI, big data, and smart analytics to aggregate data across ADNOC’s operations and provides operational insights and recommendations. Other initiatives include ADNOC’s Thamama Subsurface Collaboration Center, which uses AI to help identify hydrocarbon resources and unlock value from existing fields. ADNOC is also applying AI-enabled technologies for value chain optimisation, predictive maintenance, and blockchain-based hydrocarbon accounting.