AIQ, an Abu Dhabi-based AI company, has partnered with Samruk Kazyna, the Kazakhstan Sovereign Wealth Fund, to accelerate the digital transformation of the oil and gas industry in Kazakhstan.

 

The strategic collaboration will enable the exchange of expertise and technological know-how in AI, Asset Digitalisation, and Autonomous Operations.

 

The two organisations will also explore opportunities for implementing digital solutions to optimize oil and gas exploration, production, and infrastructure management.

 

AIQ will support pilot projects and innovative use cases in AI and digitalisation, fostering long-term cooperation in research and development to support Kazakhstan's national goals for technological modernisation and energy sector resilience.

 

A folder exchange ceremony was held during a state visit by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, between Dr Sultan Al Jaber, AIQ Chairman, and Nurlan Zhakupov, CEO of Samruk Kazyna.

 

Magzhan Kenesbai, Acting Managing Director, AIQ stated, “Innovation and knowledge transfer are important themes of our business, so to be able to extend them to our partners in Kazakhstan is an honor. The UAE and Kazakhstan already enjoy a positive bilateral relationship that will be made even stronger by today’s agreement. AIQ is convinced of the transformational power of AI in making the energy industry suitable for modern demands and dynamics, and I am confident that AIQ’s engagement with Samruk Kazyna will have an extremely positive impact on Kazakhstan’s energy sector, economy, and society in general.”

 

Nurlan Zhakupov, CEO of Samruk Kazyna said, “Signing the agreement with AIQ opens new horizons for the digital transformation of Kazakhstan’s energy sector. By combining the expertise and innovative solutions of our partners from the UAE with the industrial potential of Kazakhstan, we are laying a solid foundation for sustainable growth, technological progress, and enhancing the global competitiveness of our economy.” -TradeArabia News Service