UAE energy giant ADNOC is set to deploy agentic AI in the energy industry for the first time, in partnership with G42, Microsoft, and AIQ. The announcement was made by UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, Sultan Al Jaber, at an industry event in Abu Dhabi.

The push is led by G42 as part of its efforts to diversify the UAE’s economy away from oil.

“The exponential growth of AI is creating a power surge that no one anticipated 18 months ago when ChatGPT took off,” said Jaber.

“It will not only analyze petabytes of data; it will proactively and autonomously identify operational improvements,” Jaber added. “It will speed up seismic surveys from months to days. It will increase the accuracy of production forecasts by up to 90 percent.