Tag: AI

Energy, Oil & Gas

AI, energy realism, pragmatism should lead energy industry

The energy industry faces rising demand from AI, aging grids, and geopolitical uncertainty, increasing the need for oil, gas, and renewables. At this year’s Adipec panel, industry leaders emphasised that the energy transition should focus on addition, not substitution....

Energy, Oil & Gas

Masdar, XRG, Microsoft to enhance AI in Adnoc's value chain

Adnoc, Masdar, XRG, and Microsoft announced a strategic agreement to accelerate artificial intelligence (AI) deployment across Adnoc’s value chain, and to deliver energy solutions for Microsoft’s global AI and data centre growth....

Energy, Oil & Gas

Third ENACT Majlis to convene 100 leaders on energy, AI in Abu Dhabi

Adnoc will convene 100 global leaders from the energy, technology, investment and government sectors at the ENACT Majlis in Abu Dhabi, today (October 2), to explore how the intersection of AI, energy and investment can advance the integrated solutions needed to unlock AI’s potential to turbo-charge sustainable growth and global prosperity....

Energy, Oil & Gas

88pc of leaders say AI essential to energy transformation: report

A new report by Adnoc and Microsoft indicates that AI is transforming the energy sector, especially in distribution and emerging solutions like predictive maintenance and smart grid management. Notably, 88 per cent of respondents believe scaling AI is crucial for energy transformation....

Energy, Oil & Gas

Aramco to acquire significant minority stake in HUMAIN

Saudi Arabia's Public Investment Fund (PIF) and Aramco have signed a non-binding term sheet outlining the key terms for Aramco to acquire a significant minority stake in HUMAIN, a PIF company, advancing a full range of AI capabilities globally....

Energy, Oil & Gas

Bentley Systems advances infrastructure AI with new applications, collaboration

Bentley Systems, the infrastructure engineering software company, has unveiled new infrastructure AI capabilities at its Year in Infrastructure conference. Bentley also announced an Infrastructure AI co-innovation initiative, inviting engineering firms and asset owners to collaborate on the next generation of AI workflows. ...