AI | Egypt Oil & Gas - Part 2
ADNOC Drilling Records 32% Increase in the Revenue in 2024
ADNOC Drilling announced that the full-year revenue increased significantly to a record $4.034 billion, rising by 32% year-on-year and its full-year EBITDA reached a record high of $2.01 billion, up 36% year-on-year. ...
AIQ, ADNOC Sign Contract to Deploy AI within ADNOC’s Operations
Building on the successful completion of a transformative proof-of-concept phase, AIQ – a Presight company – announced a landmark $340 million contract with ADNOC to deploy ENERGYai and associated AI solutions across ...
GPC Deploys AI to Develop the Western Desert’s Brownfields
The General Petroleum Company (GPC) announced that its technical cadres succeeded in creating several working models for using artificial intelligence (AI) to track the stratigraphic traps of brownfields that suffer f...
Egypt’s Petroleum Minister Participates in Ministerial Roundtable “Energy Transition, AI and the Role of Emerging Economies” at ADIPEC
Minister of Petroleum and Mineral Resources Karim Badawi took part in a ministerial roundtable titled “Energy Transition, Artificial Intelligence (AI) and the Role of Emerging Economies” during ADIPEC 2024. The roundt...
Baker Hughes to Cooperate with Microsoft, Accenture, C3 AI on Industrial Asset Management Solutions
Being a global leader in energy technology, Baker Hughes has announced its collaboration with Microsoft, C3 AI, and Accenture on industrial asset management (IAM) solutions for clients both in the energy and industria...
ADNOC Achieves $1.1 B in Digitalization
The Abu Dhabi National Oil Company (ADNOC) announced that its Thamama Centre of Excellence achieved $1.1 billion in advanced technology and digitalization since its launched in 2017 to respond rapidly to market trends...
Schlumberger Signs New AI, Data Solutions Deal
Schlumberger, one of the world’s largest oil services providers, has entered into a strategic agreement with AIQ and Group 42 (G42) to collaborate on the development of artificial intelligence (AI), machine learning, ...
El Molla Supports Egypt’s Future Leaders
Minister of Petroleum and Mineral Resources, Tarek El Molla, met Ahmed Mustafa Sharaf, the student who won first place in Egypt’s General Secondary School for Outstanding Students, Mathematics Division, in an honoring...
