ADNOC generated $500 million through AI solutions.
- ADNOC generated USD500 million through their AI solutions and integrated tools.
- The company’s actions reduced up to 1 million tons of carbon dioxide emissions in 2022 and 2023.
- AI is supporting ADNOC’s net zero by 2045 ambition and its target to achieve near-zero methane emissions by 2030.
ADNOC, the oil and gas company, has announced that it has generated $500 million (AED1.84 billion) in value by integrating over 30 Artificial Intelligence (AI) tools across its full value chain, from field operations to corporate decision-making.
This has also helped to reduce up to 1 million tons of carbon dioxide (CO2) emissions between 2022 and 2023, which is equivalent to removing around 200,000 gasoline-powered cars from the road.
The company has been successful in integrating AI across its operations, including the use of AI applications in mapping subsurface resources, optimizing drilling, production activity, smarter reservoir management and in the Centralized Predictive Analytics and Diagnostics (CPAD) program, which remotely monitors critical operational equipment.
The use of AI has also helped in reducing the frequency of unplanned shutdowns and streamlined routine maintenance activities, while simultaneously improving operational efficiency.
AI is also supporting ADNOC’s net zero by 2045 ambition and its target to achieve near-zero methane emissions by 2030.
Tools like Emission X and SMART are being used to predict emission sources up to five years in advance and detect safety hazards across industrial and operational environments respectively.
ADNOC’s AI deployment has been a significant milestone in its strategy to develop and deploy pioneering technologies, such as AI, robotic automation, and advanced data analytics, and marks the start of a multi-year program to accelerate the deployment of AI solutions across its value chain to enhance safety while driving down emissions and driving up value.
The announcement was made at ADNOC’s Leadership Forum, where employees gathered to discuss strategic priorities and initiatives that will help the company deliver on its mandate to transform, decarbonize, and future-proof and ensure a secure, reliable, and responsible supply of energy.