Adnoc partners with its JV AIQ to deploy AI across its operations

Adnoc struck a USD 340 mn agreement with its AI JV with Presight — AIQ — to deploy AI solutions across Adnoc’s value chain, it said in a press release (pdf). The three-year partnership will see AIQ deploy its AI solution EnergyAI across Adnoc’s upstream operations, covering tasks like seismic analysis, geological modeling and real-time process monitoring. The move aims to expedite business processes, increase efficiency, and reduce emissions.

REMEMBER- ADX-listed data analytics firm Presight AI acquired a 51% stake in AIQ last year, in a transaction that valued AIQ — originally an Adnoc-G42 JV — at USD 1.4 bn. ENERGYai is an autonomous AI solution — created in 2024 by Adnoc, G42, Microsoft, and AIQ — that aims at speeding up seismic surveys from months to days and increasing the accuracy of production forecasts by up to 90%.