The Impact of Artificial Intelligence on The Future of The Oil and Gas Industry

By: OilMENA
 
ISTANBUL - Dec. 24, 2023 - PRLog -- Artificial intelligence helps oil and gas companies assess the value of specific reservoirs, and customize drilling and completion plans according to geology area, and assess the risks of each well individually. In the Kingdom of Bahrain, major companies such as Bapco, Tatweer and Banagas are among the leading companies in the oil industry Gas is a region that is strategically exploring artificial intelligence in its industry.

Here are a few examples of potential AI applications in this area:

1- Detect defects and enhance quality assurance

2- Ensuring safety and security standards

3- Reducing the cost of production and maintenance

4- Make better decisions using analytics


The integration of artificial intelligence (AI) into the oil and gas industry is proving to be transformative, offering solutions to longstanding challenges and providing unprecedented opportunities for efficiency, safety, and decision-making. The Kingdom of Bahrain exemplifies the industry's strategic pursuit of AI, with major players like Bapco, Tatweer, and Banagas leading the way. From defect detection to safety assurance, cost reduction, and data analytics, AI applications are reshaping the future landscape of oil and gas operations.

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