Officials at Abu Dhabi National Oil Company (ADNOC) and two technology companies said that the application of modern technologies and artificial intelligence will change the shape of the oil and gas industry in the UAE.

Technology and artificial intelligence will change the shape of the oil and gas industry in the UAE, he explained, during their participation in the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2019), which concluded recently. , To track the situation of people working on land and sea fields, and to predict what troubles they might face as a result of any leaks.

They said ADNOC's 4.0 initiative, which collected data on all phases of operation, from drilling and exploration to export, achieves three key objectives: lowering the cost of operations, increasing profitability and operating efficiency.

«Initiative 4.0»

Tasnim Al Muzaini, Director of the Digital Transformation Unit at ADNOC, said that since 2016, ADNOC has collected all the data and figures related to the companies under its control, through a giant screen of 50 meters, which enables you to see everything related to At the same time. She explained that the project to collect a large database for «ADNOC», which we called «Initiative 4.0», has contributed greatly to facilitate the right decisions regarding the group, and the whereabouts of opportunities.

Technology and artificial intelligence will change the shape of the UAE's oil and gas industry, she said, pointing out that the Initiative 4.0 has three main objectives: to enhance performance, reduce operating costs, and maximize profitability for ADNOC Group companies. Al-Muzaini stressed that investment in technology is a long-term approach for «ADNOC», to maintain the sustainability of its resources and ensure the security of supply, in addition to maintaining the safety of employees in all locations, and take into account the environmental dimension.

Cost of operations

For his part, said Omar Saleh, head of the energy and manufacturing at Microsoft, Omar Saleh, said that developments in technology, especially cloud computing, enable oil and gas companies to reduce the cost of operations, in addition to performance efficiency in a short time.

He added that the two most important elements are: to maintain the safety of workers, and to preserve the environment, as well as to maximize profitability and accelerate the extraction of oil and gas, and ensure that the work is not interrupted by the ability of artificial intelligence, to predict any problems in operations.

He said technology now helps companies track the status of people working in land and sea fields and predict what trouble they might face as a result of leaks.

He pointed out that «Microsoft» has a great cooperation with «ADNOC», which is one of the first companies to adopt the digital transformation based on cloud computing, and this enhances its ability as a large oil company to sustain its operations.

Content Management

Omar Nimer, Oil and Gas Sales Manager at OpenText Content Management, said that the oil and gas sector needs to manage and store content, both in construction and in the same operations, through programs to deliver content to the people involved. And ensure that it is used properly.

He stressed that technology, artificial intelligence, data technologies and content, are the main topics, which focused on the exhibition «ADIPEC 2019», due to its importance, expected to increase the use of these technologies companies, during the next three years.

He revealed that 80% of oil and gas companies have started programs of digital transformation, so that they can rely on artificial intelligence, pointing out that the use of technologies and artificial intelligence reduced the cost up to 60 to 70%, in the stages of operation.

2200 companies from 125 countries

The 35th edition of ADIPEC 2019 concluded today with an exceptional presence of participants, delegates and exhibitors, most of which focused on the latest technology in oil and AI applications.

The current session saw the participation of 2,200 companies from 125 countries. The companies that the Emirates Today met confirmed that they had reserved spaces for the next round of ADIPEC in 2020.