(MENAFN) Sultan Ahmed Al-Jaber, United Arab Emirates (UAE) Minister of State and Group CEO of Abu Dhabi National Oil Company (Adnoc) stated that after Artificial Intelligence (AI) transformed industries and finance, "it is now being applied to the energy sector ...minimizing disruptions, balancing supply and demand and optimizing costs,"
Speaking at the second Atlantic Council Global Energy Forum in Abu Dhabi, Dr Al- Jaber stressed the role AI and Big Data (the technology to proficiently store data whose size goes beyond existing storage capacities) are playing in Adnoc's ongoing transformation.
He also added that AI is under-study for now, to explore the ways it can help improving efficiencies, alongside Big Data leverage predictive data at Adnoc.
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