
AIQ expands footprint with AR360 deployment at KazMunayGaz
Abu Dhabi/ Astana, 5 hours, 16 minutes ago
AIQ, an Abu Dhabi-based AI company, has partnered with KazMunayGaz to develop a Reservoir Performance Advisor (RPA) module from its Advanced Reservoir 360 (AR360) solution.
AR360 is a predictive tool that increases user productivity by 75% in reservoir model reviews.
The RPA module allows users to access machine learning and automation capabilities directly within their workflows.
The collaboration was announced during a state visit by Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, to Kazakhstan, involving Magzhan Kenesbai, AIQ Acting Managing Director, and Askhat Khassenov, CEO of KazMunayGaz, Kazakhstan’s national oil and gas operator, in Astana.
The RPA module will be used by KazMunayGaz to enhance their reservoir model reviews.
Magzhan Kenesbai, Acting Managing Director of AIQ stated, “AR360 has already achieved impressive results within Adnoc operations, providing engineers with unmatched reservoir insights. The solution is deployed across dozens of Adnoc reservoirs, and we are eager to implement the solution in Kazakhstan, where KazMunayGaz will be able to rapidly begin to benefit from a 360-degree view of its reservoirs, drastically improving decision-making. Collaboration between the UAE and Kazakhstan is far-reaching and positive, and we are pleased to include this latest agreement to both our nation’s pursuits of innovation for the benefit of industry and society.” -TradeArabia News Service