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Adnoc teams up with Microsoft and UAE companies to launch transformative AI platform for energy sector

Nov 04, 2024•over 1 year ago

Contract Type

partnership

Abu DhabiEnergyOil And GasRenewable EnergyLogistics

Description

Abu Dhabi National Oil Company (Adnoc) and compatriot AIQ have launched a "transformative" artificial intelligence (AI) solution for the energy sector, in collaboration with G42 and Microsoft. The new AI solution, ENERGYai, aims to bring a new level of autonomy and precision to critical tasks across the oil and gas value chain.

Company Information

Company

Abu Dhabi National Oil Company

Location

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

About

Abu Dhabi National Oil Company (ADNOC) is one of the world's leading energy companies, operating across the entire hydrocarbon value chain, undertaking oil and gas exploration, production, refining, petrochemicals, and distribution.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months