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Nabil Al-Nuaim

AI helping industry to manage in a sustainable way: Aramco

DUBAI, October 20, 2021

Artificial Intelligence (AI) is allowing firms to manage the oil and gas sector in a sustainable way and has the potential to reinvent the industry, allowing companies to discover more, recover more, while keeping the environment cleaner.
 
“It is often said that data is the new oil, the most important resource of the 21st century. At Saudi Aramco, we could not agree more. Data and AI are central to our digital transformation strategy, and we have invested and continue to invest heavily in the latest digital applications,” said Nabil Al-Nuaim, Vice President, Digital Transformation, Saudi Aramco, at the Society of Petroleum Engineers (SPE) Virtual Symposium on Artificial Intelligence—Towards a Resilient and Efficient Energy Industry. 
 
Hosted by Saudi Aramco, this two-day symposium provided a platform for industry professionals to discuss the various capabilities and potential applications of AI as one of the main enablers for digital transformation.
 
The event commenced with opening remarks by the symposium chairman, Abdulaziz Al Sufayan, Assistant to Vice President, Petroleum Engineering and Development, Saudi Aramco, who welcomed everyone to the event and said: “Our industry is well-established with data infrastructure containing over 100 years of information. The power of Artificial Intelligence (AI) unleashes unlimited opportunities for harnessing knowledge, driving decision-making, and revealing unexploited resources. This symposium aims to support our industry to get ahead of the curve and reap the benefits of applying AI.” 
 
2022 SPE President, Kamel Ben-Naceur, CEO, Nomadia Energy Consulting, said: “Artificial Intelligence is everywhere—we also see it in all cycles of the commercialisation chain and going to the production, to the transportation, to the refining chain—all is part of the artificial intelligence. I see a lot of dynamism and I think with putting together our efforts and organising this type of symposium, we should be better prepared in the future for the extraordinary growth of artificial intelligence applications.”
 
The Executive Plenary Session focused on the role of AI in digital transformation, and long-term resiliency and efficiency, in the energy industry. The speaker panel featured high-level executives and experts from the Ministry of Energy, Kingdom of Saudi Arabia, Saudi Aramco, C3 AI, and Schlumberger.
 
Aiman Mufti, Consultant, Digital Transformation Office, Ministry of Energy, Kingdom of Saudi Arabia, shared his views on AI in the energy ecosystem, highlighting: “AI is a big topic and if you don’t have the right focus with the right partners, you might get lost in different technologies and different dimensions.”
 
In his presentation on operationalising AI at industrial scale, Edward Abbo, President and Chief Technology Officer, C3 AI, said: “The opportunity ahead of us, is to harness a number of technology vectors, including big data, elastic cloud computing, cheap computation, and sensors being applied across the energy value chain, and also AI/ML to make predictions and improve the efficiency and resiliency of the energy value chain.”
 
Talking about accelerating digital transformation with domain-guided AI, Lyndsey Lomas, Vice President, Digital, Eastern Hemisphere, Schlumberger said: “Domain knowledge and expertise remain key to solving the challenges of our industry. As industry professionals, we need to adapt to that challenge and leverage AI alongside domain in our day-to-day work. This is a very exciting time for both technology and our industry—the global imperative to achieve net zero goals is clear and AI will play a major part in that achievement.”
 
Technical Sessions, ePoster Sessions, and the Virtual Exhibition gave attendees multiple opportunities to engage with and hear from experts on topics like Democratised AI, Augmented Intelligence, Drilling Operations, Operations and Maintenance, and much more.
 
This Symposium was supported by Saudi Aramco (Exclusive Host), Microsoft and Taqa (Principal Sponsors), Schlumberger (Gold Sponsor) and SAS (Analytics and Insights Sponsor).-- TradeArabia News Service
 



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