ADNOC Drilling taps AI to slash oil rig costs

ADNOC Drilling taps AI to slash oil rig costs

ADNOC Drilling is investing more in automating its drilling processes so it can pull people out of hazardous zones and reduce the number of workers on its rigs. The UAE national oil company subsidiary expects to invest approximately $1 billion in AI and technology in the coming year, its chief financial officer told Semafor, building on the roughly $1 billion spent to date.Despite Iranian attacks on energy infrastructure across the Gulf, Youssef…