From saving millions to saving the planet, AI is transforming the oil and gas industry

  • Date: 26-Feb-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:Qatar
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From saving millions to saving the planet, AI is transforming the oil and gas industry

Doha: Artificial Intelligence, more commonly referred to as AI, has already begun saving oil and gas companies millions of dollars a year by improving operational efficiency, the Al-Attiyah Foundation explains in its latest Energy Industry report.

Although AI is generally associated with science fiction movies and visions of the future, machine intelligence that can identify patterns, learn from experience and solve problems has been in the making for decades.

In 1966, SHAKEY, the world’s first “mobile intelligent robot,” complete with a television camera and bump detector, was unveiled. SHAKEY “could perceive its surroundings, infer implicit facts from explicit ones, create plans, recover from errors in plan execution, and communicate using ordinary English.”

Thirty years later, AI had reached another milestone when it came up against Russian Grandmaster Garry Kasparov in an unprecedented and enduring battle of wits. Deep Blue, a machine designed by IBM and capable of computing 100 million positions per second, beat Kasparov in its first ever chess match but eventually lost the six-game series.

After some amendments from IBM scientists, Deep Blue and Kasparov met for a replay a year later. In a darkened television studio in New York, global audiences watched in suspense as the world champion sat opposite the