The Abu Dhabi National Oil Company (ADNOC) has awarded a AED3.38 billion engineering, procurement, and construction (EPC) contract to Jereh Oil & Gas Engineering Corporation to enhance its AI-powered well digitalisation programme.
The project will extend remote sensing and well operating equipment to ADNOC's Bab, Bu Hasa, and Southeast fields, aiming for completion by 2027.
Over 80% of the contract value will flow back into the UAE’s economy through ADNOC's In-Country Value (ICV) programme, supporting local growth and diversification.
The programme will enable the remote monitoring and control of over 2,000 wells, improving operational efficiency and safety by reducing downtime.
ADNOC’s AI-driven programme uses real-time data from embedded sensors, with information transmitted via ADNOC’s private 5G network, allowing AI tools like RoboWell to autonomously manage well operations.
This is part of ADNOC's broader strategy to lead in AI-powered energy technology.
Q Mobility, Abu Dhabi’s leading public parking operator, and Parkin Company, Dubai’s largest provider of public parking facilities and services, have signed a Memorandum of Understanding to strengthen cooperation.
The UAE has launched the strategic phase of its agentic AI project, which aims to convert 50 per cent of federal government operations, services and tasks to AI-driven models within two years.
Dubai Chambers will host the Dubai Business Forum – China in Shenzhen on October 14, bringing together government officials, business leaders and investors from the two markets.
UAE Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi has taken part in a meeting of BRICS trade ministers in Jaipur, India, focused on strengthening trade and economic cooperation between member countries.
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
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