Oil Gas Technology’s Post

ADNOC Group generated $500 million in value in 2023 by integrating and deploying more than 30 industry-leading AI tools across the company's full value chain, from field operations to smarter and quicker corporate decision making. Together, these applications also abated up to 1 million tonnes of #co2emissions between 2022 and 2023, the equivalent of removing around 200,000 gasoline-powered cars from the road. The milestone marks the start of a multi-year program to accelerate the deployment of a suite of AI solutions across ADNOC’s value to chain to further enhance safety, while driving down emissions and driving up value. #EnergyConnects #energynews #energyindustry #news #oott #decarbonisation #AI #valuechain

🌟 **AI in the Oil & Gas Industry: Transforming Operations and Sustainability** 🌟 The oil and gas industry is embracing AI to drive efficiency, safety, and sustainability. Here's how leading companies are leveraging AI across different segments of the industry: ## 🛢️ Exploration & Production **Shell**: With over 160 active AI projects, Shell uses reinforcement learning to optimize exploration and drilling, reducing costs and enhancing efficiency. Their AI systems improve seismic data analysis, aiding in precise drilling operations. **BP**: Partnering with Microsoft, BP utilizes Azure cloud solutions for smarter drilling processes. Their AI-driven initiatives enhance subsurface data interpretation, streamlining exploration activities. **ExxonMobil**: Employs AI for real-time geological data analysis to optimize drilling parameters, reducing time and costs associated with drilling operations. ## 🚚 Midstream Operations **Chevron**: Integrates AI in pipeline monitoring to swiftly detect leaks, improving environmental safety and operational reliability. **Saudi Aramco**: Adopts AI to reduce energy consumption in refineries, significantly decreasing greenhouse gas emissions. ## 🏭 Downstream Operations **TotalEnergies**: Utilizes an AI-driven robotic system called “Argos” for complex decision-making in production optimization, reducing costs and improving efficiency. ## 🔧 Maintenance & Safety **Offshore Rigs**: AI predicts equipment failures weeks in advance, preventing significant operational interruptions and enhancing safety. This approach was notably successful on an offshore rig in the Gulf of Mexico. **Methane Emission Reduction**: A natural gas company deployed AI to detect and reduce methane emissions, illustrating AI's role in environmental stewardship. ## 🌍 Sustainability & Environmental Impact AI is pivotal in reducing the environmental footprint of oil and gas operations. By optimizing energy efficiency and minimizing emissions, companies are aligning with global sustainability goals. #Innovation #AI #OilAndGas #Sustainability #EnergyTransition

AI applications have taken 200,000 cars off the road! Another AI success story from Abu Dhabi National Oil Company (ADNOC). They have generated over $500 million in value by deploying AI solutions across their enterprise. And in a positive contribution for the warming climate, they estimate that their AI applications have reduced carbon dioxide (CO2) emissions by over 1 million tons. That amount of CO2 removal is like parking all those cars. For good. The applications have been critical to helping the energy company efficiently grow production capacity. One application specifically designed for remote monitoring of operations has contributed to a sharp reduction in unplanned shutdowns and helped keep track of routine maintenance tasks. Another application crunches historical data to predict methane emissions that might occur five years in the future. This allows for the proactive management of the potential release of the harmful gas. Pretty incredible. It shows what AI can do when deployed across an organization. They first started the effort long before ChatGPT, founding not one, but two centers for AI excellence way back in 2017. Not a short term, let’s rush it into production. But a long term process that ensures careful testing, iteration and roll out to achieve the results. Get in touch to learn how we can create profitable results with applications thoughtfully crafted for your specific needs. ai.rushcreekstudios.com #ai #artificialintelligence #marketing https://lnkd.in/ggsGs_FD

𝗗𝗲𝗰𝗼𝗺𝗺𝗶𝘀𝘀𝗶𝗼𝗻𝗶𝗻𝗴 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗢𝗶𝗹 𝗮𝗻𝗱 𝗚𝗮𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆? Traditional decommissioning methods are often complex and time-consuming, leading to data overload and project delays. But there's a better way! Rahd's cutting-edge AI platform transforms your unstructured decommissioning data into actionable insights. This empowers you to: Streamline Workflows: Optimize decommissioning processes for greater efficiency. Make Data-Driven Decisions: Gain valuable insights to minimize downtime and costs. Save Money: Reduce project expenses with AI-powered optimization. Ready to revolutionize your decommissioning projects? Learn more about our AI-powered decommissioning solutions and join our pilot program today! 🌐 https://rahd.ai #rahdai #oil #gas #decommissioning #AI #efficiency #costcutting #futureofwork #oilandgasindustry #energyprofessionals #energy# petroleumindustry #oilpatchlife #oilandgasindustry #oilfield #gasindustry #projectmanagement #AI #artificialintelligence #perth #aus

The Future of Decommissioning is Powered by AI Is your oil and gas decommissioning process bogged down by inefficiencies and high costs? There's a better way! Rahd's cutting-edge AI platform is revolutionizing the industry, helping companies like yours: Improve Planning and Reduce Downtime: Streamline planning, workflows, and data analysis while identifying bottlenecks to minimize project delays. Save Costs: Make smarter decisions with AI-powered insights and achieve significant cost savings. Ready to experience the future of decommissioning? Schedule a demo today and see how Rahd's AI can transform your projects! #rahdai #decommissioning #oilandgas #offshore #energytransition #sustainability #environment #regulatorycompliance #AI #artificialintelligence #machinelearning #projectmanagement #ROI#futureofwork #business #demcomx #energyinnovation #perth #aus

With a firm focus on sustainability, safety, and efficiency, the commitment at Kent involves leveraging artificial intelligence (AI) not just as a tool, but as a cornerstone of innovation. Investments in AI are surging, reflecting the industry's belief in its potential to shape the future. An EY survey shows that over 92% of oil and gas firms are either already investing in AI or planning to. The question remains, however: Are we fully harnessing AI’s potential? #OilAndGas #Energy #ArtificialIntelligence #Innovation #Sustainability https://lnkd.in/gdxynCt2

AI has turned the oil and gas industry into a highly data-driven, efficiency-focused powerhouse. What’s truly impressive is how it’s addressing key challenges like emissions reduction and predictive maintenance, all while improving operational performance. The pace of change is faster than ever, and it’s clear that AI is no longer an optional upgrade—it’s a necessity for staying competitive. We’re seeing real, measurable impacts across the value chain, from exploration to refining. The way forward isn’t just about adopting technology; it’s about leveraging it to fundamentally reshape the industry. The future of O&G industry feels more innovative and resilient than ever. #AI #EnergyInnovation #Sustainability #DigitalTransformation #OilAndGas

▫ Oil and gas companies dig deep for AI gold ▫ Oil and gas companies are increasingly turning to AI to optimize operations, reduce costs, and improve safety. The integration of AI in this industry is not just about staying competitive; it's about driving innovation and creating smarter, more efficient processes. How do you see AI transforming traditional industries in the coming years? Learn more: https://lnkd.in/eWE64N-4 #DigitalMara #Innovation #OilAndGas #DigitalTransformation #EnergyTech #FutureOfWork

Artificial intelligence is reshaping the oil and gas industry. Think: Smarter exploration, Safer operations, & a Focus on sustainability. How will AI change the energy landscape? #ReadON: https://lnkd.in/exuwGwAP #AI #oilandgas #innovation #Technology #BTSnips #BusinessTabloid #AIinEnergy

#artificialintelligence #oilandgas Examples of AI being used in the oil and gas industry: Demand Forecasting: AI is used to predict consumer demand for different petroleum products, allowing companies to optimize production and manage inventory efficiently. Predictive Maintenance: AI is employed to reduce downtime by predicting equipment failures and scheduling maintenance proactively. Oil Exploration: AI is utilized to analyze seismic and subsurface data faster, aiding in the discovery of new exploration prospects. Defect Detection: AI-powered solutions are used for defect detection in pipelines and equipment, enhancing quality assurance and safety. Digital Twins for Asset Management: Digital twins, which are virtual replicas of physical assets, are created and monitored using AI algorithms to optimize asset performance and maintenance. Safety and Security: AI is employed to ensure safety and security standards by monitoring critical environments and providing real-time access to data for operators. These examples demonstrate how AI is transforming the oil and gas industry by improving operational efficiency, safety, and decision-making processes.