Geminus has secured a strategic investment from Bapco Energies through its corporate venture arm, BeVentures, alongside a memorandum of understanding (MoU) to explore developing a digital platform across Bapco Energies' operations.
The agreement builds on the companies' existing collaboration to apply advanced artificial intelligence technologies within Bahrain's upstream operations.
The investment makes BeVentures the first strategic investor in Geminus from the regional oil and gas sector, reinforcing Bapco Energies' commitment to technology-led innovation and a more integrated energy ecosystem.
Under the three-year initiative, the companies will explore developing a unified digital twin platform integrating operational data, asset intelligence and advanced AI capabilities across key components of the energy value chain.
The platform aims to improve scenario planning, enhance operational visibility, strengthen coordination and support more informed decision-making across Bapco Energies' operations.
Mark Thomas, Group Chief Executive Officer of Bapco Energies, said: "The Kingdom of Bahrain's energy sector has always evolved in response to changing industry needs and global developments. As we look to the future, maintaining that progress will require continued investment in technology, talent, and new capabilities. Through such collaborations, we are not simply adopting new tools; we are creating the foundations for a smarter, more integrated system that supports the Kingdom's long-term energy priorities and sustainable economic growth for generations to come."
Areije Al Shakar, Chief Executive Officer of BeVentures, said: "At BeVentures, we are focused on connecting innovation with real-world opportunities. This collaboration with Geminus provides a platform to explore how emerging technologies can be applied in an industrial setting, accelerating digital transformation and supporting the adoption of solutions that can deliver meaningful impact across the energy industry."
Greg Fallon, Chief Executive Officer of Geminus, said: "National energy systems are usually run as a collection of separate assets, and the real value sits in the connections between them. Bapco Energies is building one live, physics-grounded view of its entire gas and power system, owned in Bahrain and run by Bahraini engineers. That is what national anchored AI can look like when it is applied to physical infrastructure, and we are excited to have Bapco Energies set the model for national energy companies everywhere." -OGN/TradeArabia News Service
