LAB 1 "HOW WILL AI AND BIG DATA ACCELERATE SUSTAINABILITY IN THE ENERGY SECTOR?" took place at the King Abdulaziz International Conference Center in Riyadh on October 30, 2024, during the 8th Edition of Future Investment Initiative. #FII8
The integration of digital technologies like AI and Big Data is revolutionizing the oil and gas sector, transforming exploration, production, and resource management. According to Aramco, AI-driven analytics are being applied to predictive maintenance, optimizing energy use, and reducing CO2 emissions at key facilities, leading to an 8% reduction in emissions. How can the oil and gas industry further leverage AI to enhance operational efficiency while contributing to the energy transition?
SPEAKERS:
Nomi Ahmad, President & CEO, Financial Services, GE Vernova
Fahad Dhubaib, Senior Vice-President, Strategy & Market Analysis, Aramco
Rebeca Minguela, Founder & CEO, Clarity AI
Dr. Angela Wilkinson, Secretary General & CEO, World Energy Council