AIQ, Abu Dhabi-based AI company, has partnered with global energy technology company SLB to integrate its Advanced Reservoir 360 (AR360) solution with SLB's Petrel software as a plug-in.

AR360 reduces planning time while increasing well life and recovery rates by ensuring the right balance between drilling new wells, boosting performance of existing wells, and optimising injection and production volumes.

While traditional forecasting technologies require working across multiple software platforms and data sets, which can be time-consuming, combined with Petrel software, AR360 enhances workflows with an end-to-end approach to reservoir development and utilises AI to save time and enable better and more proactive decision-making.

Launched in November 2023, in October 2024, Adnoc confirmed the deployment of AR360 on more than 30 reservoirs across Adnoc’s upstream operations, following the solution’s successful initial deployment in early 2024 on two Adnoc reservoirs at Bab and Umm Shaif fields.

Magzhan Kenesbai, Acting Managing Director of AIQ commented: "Petrel software is globally reputed, and incorporating AR360 into its capabilities will deliver an improvement of asset reservoir understanding through data integration. This partnership reinforces the emergence of AIQ as a developing global AI supplier-of-choice for the energy sector. We are driving greater efficiencies in upstream operations and beyond, and partnering with leading technology providers in our pursuit of excellence."