ADNOC says AI added $500m of extra value in 2023 

DUBAI: Abu Dhabi National Oil Co. generated $500 million of additional value in 2023 by using artificial intelligence, the company said on Tuesday. 

“The value was generated from the integration of over 30 industry-leading AI tools across ADNOC’s full value chain, from field operations to smarter and quicker corporate decision making,” ADNOC said in a statement. 

The use of AI also prevented up to 1 million tonnes of carbon dioxide emissions between 2022 and 2023, the state oil giant said. 

Leave a Comment