ADNOC generates $500 million in value from AI deployment across its value chain in 2023
ADNOC· United Arab EmiratesCPAD (Centralized Predictive Analytics and Diagnostics) · Emission X · SMARTi +2ADNOC integrated over 30 AI tools across its full value chain, from field operations to corporate decision-making, generating $500 million (AED1.84 billion) in value in 2023 and abating up to 1 million tonnes of CO2 emissions between 2022 and 2023. Tools include the CPAD predictive analytics and diagnostics program, and AIQ-developed products Emission X, SMARTi, AR360 and Robowell.
Overview
ADNOC integrated over 30 AI tools across its full value chain, from field operations to corporate decision-making, generating $500 million (AED1.84 billion) in value in 2023 and abating up to 1 million tonnes of CO2 emissions between 2022 and 2023. Tools include the CPAD predictive analytics and diagnostics program, and AIQ-developed products Emission X, SMARTi, AR360 and Robowell.
The solution
ADNOC integrated over 30 industry-leading AI tools across its full value chain, from field operations to corporate decision-making. In upstream operations, AI maps subsurface resources and optimizes drilling, production and reservoir management. The Centralized Predictive Analytics and Diagnostics (CPAD) program remotely monitors critical operational equipment to reduce unplanned shutdowns. AIQ (an ADNOC/G42 joint venture) developed Emission X to predict emission sources up to five years in advance, SMARTi (computer vision for safety hazard detection), AR360 (reservoir visualization and development optimization), and Robowell (remote equipment operation such as flow valves).
Reported business value
ADNOC generated $500 million (AED1.84 billion) in value in 2023 from deploying these AI solutions, and the tools abated up to 1 million tonnes of CO2 emissions between 2022 and 2023, equivalent to removing around 200,000 gasoline-powered cars from the road. This milestone marks the start of a multi-year program to accelerate AI deployment across ADNOC's value chain.
Sources
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