With AI rapidly becoming a buzzword across industries, oil and gas companies are exploring ways to use this technology to fuel innovation in the energy sector.
Here are 10 predictions for future applications of AI in energy, according to brokerage Jefferies.
Asset management & monitoring
Jefferies expects energy firms to partner with tech companies to develop digital replicas of their infrastructure to manage assets and facilitate predictive maintenance, identifying defects before they occur.
Shell has partnered with Akselos, a Swiss modeling and simulation company, to use its digital-twin technology.