Abu Dhabi-based AI company AIQ and Weatherford have signed a strategic collaboration agreement to enhance energy production efficiency.
The partnership will integrate Weatherford's advanced automation, data-driven insights, and AI technology with AIQ's AI-driven systems.
This will enable operators to optimise production workflows, reduce downtime, and improve operational efficiency across global energy facilities. The collaboration aims to leverage advanced automation, data-driven insights, and AI technology.
Magzhan Kenesbai, Acting Managing Director of AIQ said, “This partnership marks another step in AIQ’s mission to build partnerships that accelerate the deployment of impactful AI systems across the energy value chain. By integrating our advanced AI-driven tools with Weatherford's energy-specific technology, we are delivering greater efficiencies to the industry through the development of scalable, automated applications. Together, we are set to empower operators to optimise their workflows, reduce downtime, and achieve unparalleled operational excellence.”
Girish Saligram, President and Chief Executive Officer of Weatherford, commented, “We are excited to partner with AIQ to bring innovative, AI-driven solutions to the energy industry. This strategic partnership allows us to deliver cutting-edge technologies that empower our customers to maximise their operational efficiency, enhance automation, and reduce costs. By combining our strengths, we are leading the way in helping operators modernise their workflows and achieve greater success in today’s rapidly evolving energy landscape.”
Key Highlights of the Strategic Partnership include:
Modern Edge Integration: The partnership will combine AIQ's AI technology with Weatherford's Modern Edge, providing operators with the ability to scale their work processes efficiently while ensuring an economic return. This integration will empower customers to modernise their edge operations, facilitate autonomous production, and offer the flexibility to expand operations, all while optimising resource usage and reducing costs.
Unified Data Model: Weatherford’s Universal Normaliser will work in tandem with AIQ’s capabilities to harmonise multi-asset data, combining operational and financial analysis into a unified, API-supported data model. This will drive smarter decision-making and streamline operations across facilities.
WFRD Software Launchpad: Through the WFRD Software Launchpad, customers will gain the ability to procure all of their software needs via a comprehensive industrial SaaS platform. This eliminates the complexity of managing multiple systems and vendors, providing a single point of access for all Weatherford and partner-built applications, while ensuring data security and autonomy within their own network. -TradeArabia News Service
