AI and Robotics Revolutionizing the Oil and Gas Sector: GlobalData Research
AI and robotics are revolutionizing the oil and gas sector, driving efficiency, safety, and sustainability to new heights, according to a recent study by GlobalData. The report, titled Cognitive Energy: Transforming Oil & Gas with AI and Robotics, highlights over 50 real-world innovations in the industry that are reshaping how companies approach exploration, production, refining, and logistics.
Saurabh Daga, project manager for disruptive tech at GlobalData, emphasized the significant impact of AI and robotics on the sector, stating that these technologies are fundamentally redefining what is possible. From autonomous operations to drilling optimization, plant inspections, and fleet optimization, AI and robotics are transforming every aspect of the oil and gas value chain, pushing the boundaries of efficiency and innovation.
The report also delves into emerging technologies such as generative AI (GenAI) and pipeline inspection robotics, showcasing practical examples of their application in the industry. For instance, companies like SLB and Shell are leveraging AI capabilities to enhance their operations, with partnerships and collaborations driving the adoption of these cutting-edge technologies.
Daga highlighted the importance of collaborative solutions and strategic investments in research and development to overcome challenges such as data integration, safety regulations, and the need for skilled labor in the sector. By addressing these hurdles, the oil and gas industry can unlock the full potential of AI and robotics, driving sustainable efficiency, and innovation.
The future of the oil and gas sector, according to Daga, depends on the widespread adoption of AI and robotics across the entire value chain. By embracing these technologies, companies can achieve unprecedented levels of efficiency, sustainability, and innovation, paving the way for a more advanced and competitive industry.
“AI, robotics unlocking oil and gas sector’s sustainable efficiency, says GlobalData” showcases the transformative power of AI and robotics in the industry, as reported by Offshore Technology, a GlobalData owned brand.