Abu Dhabi – Mubasher: AIQ, a Presight AI Holding company, unveiled a $340 million contract with ADNOC to deploy ENERGYai and associated AI solutions across ADNOC’s upstream value chain.
Under the three-year deal, ENERGYai and AI-backed solutions will be rolled out across ADNOC’s upstream operations, driving optimisation and efficiency, according to a press release.
ENERGYai integrates large language model (LLM) technology with agentic AI, which is trained for specific workflows across ADNOC’s upstream value chain.
Musabbeh Al Kaabi, CEO of ADNOC Upstream, commented: “ADNOC is on a mission to become the world’s most AI-enabled energy company, maximizing the potential of AI to drive efficiency and value creation across our operations.”
“We look forward to working with AIQ to scale ENERGYai across the upstream business, consolidating our position as a responsible and reliable supplier of energy to global markets, delivering the energy system of the future,” Al Kaabi highlighted.
Magzhan Kenesbai, Acting Managing Director of AIQ said: “In partnership with ADNOC, we have developed a world-first agentic AI solution that is scalable across the entire energy value chain and has the potential to transform the industry as we know it.”
“This achievement reflects our commitment to delivering innovative, high-impact AI solutions that not only meet the challenges of today but also shape the future of energy,” Kenesbai mentioned.
Thomas Pramotedham, CEO of Presight, said: “As the major shareholder of AIQ, we are incredibly proud to see this partnership come to life, and we remain committed to supporting AIQ’s growth as it continues to drive innovation and create lasting value for the energy industry and our shareholders.”
Meanwhile, the first operational and scalable version of ENERGYai is expected to be completed in mid-2025.
