{"id":97592,"date":"2024-11-06T00:00:00","date_gmt":"2024-11-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/adipec-day-two-adnoc-signs-a-slew-of-agreements\/"},"modified":"2024-11-06T00:00:00","modified_gmt":"2024-11-06T00:00:00","slug":"adipec-day-two-adnoc-signs-a-slew-of-agreements","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/11\/06\/adipec-day-two-adnoc-signs-a-slew-of-agreements\/","title":{"rendered":"Adipec day two: Adnoc signs a slew of agreements"},"content":{"rendered":"

The second day of Adipec was dominated by news from Adnoc<\/strong>, with the energy giant signing a slew of agreements with major companies to boost its operations, expand AI deployment, and advance its climate targets. We have a rundown of the agreements below.<\/p>\n

\n

AI-<\/p>\n

UAE energy giants partner with Microsoft to advance AI deployment: <\/strong>Adnoc and renewables firm Masdar signed a strategic collaboration agreement with Microsoft to advance AI tech and low-carbon initiatives focused on decarbonizing the global energy sector, according to a press release<\/a>. <\/p>\n

Masdar to power Microsoft\u2019s data centers with renewables:<\/strong> The companies will look into possibilities of powering Microsoft\u2019s data with renewable energy sources from Masdar. They will also explore the use of AI in carbon capture and storage projects and low-carbon ammonia and hydrogen projects.<\/p>\n

ICYMI- Adnoc and Microsoft are expanding their collaboration<\/strong>, launching on monday the first autonomous AI solution<\/a>, dubbed EnergyAI, in collaboration with state-owned AI firm G42, and AIQ. The AI agent is set to increase the accuracy of production forecasts by up to 90%. <\/p>\n

Remember: <\/strong>Microsoft is a key AI partner for the UAE, with the company investing USD 1.5 bn in G42, and pledging to set up artificial intelligence centers in Abu Dhabi.<\/p>\n

\n

WELL CONTROL-<\/p>\n

Adnoc to digitize 2k wells under USD 920 mn contract:<\/strong> Adnoc has awarded a USD 920 mn contract to Chinese Jereh<\/a>Oil & Gas Engineering Corporation<\/a> for the digitization of over 2k oil wells at its Bab, Bu Hasa, and Southeast fields, according to a press release<\/a>. Slated for completion by 2027, the program aims to boost operational efficiency and optimize the performance of the wells through remote monitoring.<\/p>\n

More on the project:<\/strong> The project will be implemented using Adnoc\u2019s private 5G network and AI tech, including Adnoc-Presight-G42 JV AIQ\u2019s AI-powered autonomous well control system, RoboWell<\/a>.<\/p>\n

Background: Adnoc has been <\/strong>planning to expand<\/a><\/strong> the tech for some time<\/strong>, initially to 300 wells in its onshore and offshore fields. The expanded project now includes the three fields, following the implementation of RoboWell across 10 wells in its offshore Nasr field. Adnoc previously used RoboWell for its first smart field, dubbed NEB field, in 2023. <\/p>\n

\n

CARBON CAPTURE-<\/p>\n

Adnoc is set to expand its carbon-to-rock project in Fujairah<\/strong> after successfully mineralizing 10 tonnes of carbon dioxide into rock formations in Fujairah in under 100 days, in collaboration with Omani carbon removal and mineralization outfit 44.01, according to a press release<\/a>. The scaled-up project will see Adnoc and 44.01 aim to mineralize over 300 tonnes of carbon \u201cover a longer duration\u201d by capturing the greenhouse gas from the atmosphere, dissolving it in seawater, and injecting it into underground rock formations in Fujairah.<\/p>\n

Background:<\/strong> Adnoc partnered with 44.01 to pilot the CO2 mineralization technology last year<\/a> as part of a USD 15 bn investment to cut its carbon footprint. Adnoc\u2019s carbon management strategy targets capturing 10 mn tons of carbon annually by 2030.<\/p>\n

CIRCLE YOUR CALENDAR-<\/strong> Next year\u2019s Adipec will take place on 3-6 November in Abu Dhabi<\/strong>, Wam<\/a> reports.<\/p>\n","protected":false},"excerpt":{"rendered":"

More AI deployment, well digitization, and plans to expand carbon-to-rock project in Fujairah<\/p>\n","protected":false},"author":1,"featured_media":97593,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1604],"tags":[57,1340,1502,59,143,7,171,787,211],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-97592","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","tag-adnoc","tag-ai","tag-aiq","tag-carbon-capture","tag-energy","tag-enterpriseam-uae","tag-masdar","tag-microsoft","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"c40093ba-6ab4-490f-8eef-c0f243a0259f","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/452.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Adipec day two: Adnoc signs agreements in AI, well control, and carbon capture","related_issue":[97582],"teaser":"More AI deployment, well digitization, and plans to expand carbon-to-rock project in Fujairah","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.542491e9-5a24-4882-9dfc-ee3f5db4d8ab.mp3"},"yoast_head":"\nAdipec day two: Adnoc signs a slew of agreements - 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