ADNOC Chief Executive Officer: Artificial Intelligence will contribute to raising efficiency in the oil and gas sector

Media In  Abu Dhabi 21 November 2018 (WAM)
Dr. Sultan bin Ahmed Al Jaber, Minister of State and Chief Executive Officer of Abu Dhabi National Oil Company (ADNOC) and its group of companies said that the oil and gas sector will play a pivotal role in enabling and driving economic growth in the fourth industrial era.
“The world is today on the threshold of a new stage with many opportunities for prosperity driven by rapid advances in technology and the growth of the class,” he said during a speech at the opening of the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), one of the world’s leading oil and gas events. Which will reach 5 billion by 2030, creating greater demand for energy and products derived from oil and gas.
“The world today is on the threshold of a new era of development that has many opportunities for the oil and gas sector. Digital innovations offer unprecedented potential for progress in what has become known as the Fourth Industrial Revolution, which will make a major shift in global growth that will increase demand for oil, gas and petrochemical products. .
“Artificial Intelligence, Massive Data and Block Qin Technology will contribute to enhancing capabilities, increasing efficiency and creating greater value in the oil and gas sector. A key fact lies at the heart of the concept of” Oil and Gas 4.0 “that technological developments are beginning to affect all sectors. Our interest in developing the oil and gas sector. “