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AIQ and Halliburton partner to advance AI-enabled RoboWell solution

The agreement signing. (Image source: Halliburton)

Technology

Abu Dhabi-based AIQ, which provides AI-enabled energy solutions, and Halliburton’s Landmark have signed a partnership to roll out AIQ’s RoboWell autonomous well control (AWC) solution globally through Halliburton Landmark's iEnergy hybrid cloud

RoboWell, an AI-supported advanced process control solution for gas lifted wells, enables autonomous well operations to maximise production within specified conditions. It can help achieve up to 30% optimisation in gas lift consumption and increase well production by up to 5%.

Dr. Christopher Cooper, CEO of AIQ said, "This collaboration will help progress our shared vision of how advanced AI solutions can transform the energy industry globally. Collaborating with Halliburton is part of AIQ’s wider strategy to accelerate the availability of our transformative AI products globally to support the sector through autonomous and other AI-based innovations."

"The combination of AIQ’s AI technology and Halliburton’s extensive industry expertise will help enable greater efficiency and maximize value for our customers’ assets," said Nagaraj Srinivasan, senior vice president, Landmark, Halliburton Digital Solutions, and Consulting. “This project exemplifies how Halliburton’s open architecture can help support enhanced efficiency, optimised operations, and drive future growth in the oil and gas industry."