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ADNOC is pumping millions of dollars into artificial intelligence, IIoT, augmented and virtual reality

ADNOC is pumping millions of dollars into artificial intelligence, IIoT, augmented and virtual reality

State-owned Abu Dhabi National Oil Company (ADNOC) is “doubling down” and pumping millions of dollars into artificial intelligence, Industrial Internet of Things (IIoT), augmented and virtual reality kit, and advanced analytics, Forbes reports.

According to the article, Dr. Sultan Al Jaber, Chief Executive Officer of ADNOC said at the recently concluded Abu Dhabi International Petroleum Exhibition Conference (ADIPEC) that “the era of digital disruption is just beginning for the industry and will only gather pace over time.”

The oil and gas company of today can be a winner tomorrow if it operates at a lower level of cost and a higher level of performance.

Dr. Sultan Al Jaber, Chief Executive Officer of ADNOC

The hive of ADNOC’s digitalisation is Panorama Digital Command Center at its headquarters in downtown Abu Dhabi. The center’s core mission is enabling “clearer, real-time, business-critical decision making,” Abdul Nasser Al Mughairbi, Senior Vice President, Digital at ADNOC said to Forbes’ correspondent.

We are not just monitoring hydrocarbon molecules; predictive analytics deployed here are significantly minimizing our operational downtime and maximizing our savings. Operational efficiency is only one aspect; the center is also helping in our efforts to remain among the least carbon-intensive oil and gas producers in the world.

Abdul Nasser Al Mughairbi, Senior Vice President, Digital at ADNOC

He added that the center is built to withstand whatever the future throws its way via ADNOC’s 14 integrated entities, and over 150 transportation and support vessels all currently digitally monitored and analysed.

Software industrials giant Schneider Electric bagged the contract for developing the center.

Since completion, the Center has offered us an invaluable single, national view of our all oil and gas assets and production in real-time. Industry commentators talk of value creation and return on investment, this facility’s value – purely in terms of predictive analysis across our value chain alone – is commendable.

Abdul Nasser Al Mughairbi

ADNOC is also conducting fresh digital 3D seismic mapping, which has already covered 70% of Abu Dhabi, and there have also been two pilots of 4D seismic mapping.

Digital is everywhere, from maintenance to operations. It is changing the employee mindset and skillset. It’s all well and good to bring in technologists and vendors to build such a facility, but once we take ownership, it is us who have to realize its true potential. It is early days, but the results are tangible, and our journey is just beginning.

Abdul Nasser Al Mughairbi

ADNOC’s discoveries this year include over 7 billion barrels in oil reserves, 58 trillion cubic feet of conventional gas, and over 160 trillion cubic feet of unconventional gas.

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