AIQ, Weatherford partner to boost energy efficiency
The partnership will integrate Weatherford's advanced automation, data-driven insights, and AI technology with AIQ's AI-driven systems.
This will enable operators to optimise production workflows, reduce downtime, and improve operational efficiency across global energy facilities. The collaboration aims to leverage advanced automation, data-driven insights, and AI technology.
Magzhan Kenesbai, Acting Managing Director of AIQ said, 'This partnership marks another step in AIQ's mission to build partnerships that accelerate the deployment of impactful AI systems across the energy value chain. By integrating our advanced AI-driven tools with Weatherford's energy-specific technology, we are delivering greater efficiencies to the industry through the development of scalable, automated applications. Together, we are set to empower operators to optimise their workflows, reduce downtime, and achieve unparalleled operational excellence.'
Girish Saligram, President and Chief Executive Officer of Weatherford, commented, 'We are excited to partner with AIQ to bring innovative, AI-driven solutions to the energy industry. This strategic partnership allows us to deliver cutting-edge technologies that empower our customers to maximise their operational efficiency, enhance automation, and reduce costs. By combining our strengths, we are leading the way in helping operators modernise their workflows and achieve greater success in today's rapidly evolving energy landscape.'
Key Highlights of the Strategic Partnership include:
Modern Edge Integration: The partnership will combine AIQ's AI technology with Weatherford's Modern Edge, providing operators with the ability to scale their work processes efficiently while ensuring an economic return. This integration will empower customers to modernise their edge operations, facilitate autonomous production, and offer the flexibility to expand operations, all while optimising resource usage and reducing costs.
Unified Data Model: Weatherford's Universal Normaliser will work in tandem with AIQ's capabilities to harmonise multi-asset data, combining operational and financial analysis into a unified, API-supported data model. This will drive smarter decision-making and streamline operations across facilities.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Biz Bahrain
2 days ago
- Biz Bahrain
Arab Bank named "Middle East Winner" at The Banker's Technology Awards 2025
The Banker magazine, owned by the Financial Times and based in London, named Arab Bank the 'Middle East winner' at The Banker's Technology Awards 2025, a recognition that celebrates excellence in financial innovation. The awards recognise the most innovative banks across the world for their digital banking initiatives that demonstrate creativity, measurable impact, and set new benchmarks for the fintech industry. Arab Bank was selected for this award following a comprehensive evaluation process by both internal and external judging panels. The selection was based on several key criteria, including the bank's local and regional impact, measurable performance results, and the bank's innovative approach to developing products and delivering tailored digital solutions that address evolving customers needs. This recognition comes as a result of Arab Bank's continuous efforts to offer the latest and most innovative digital banking services and solutions that caters to customer needs across the different sectors and markets. It also highlights the bank's vision for digital transformation and its continuous commitment to staying at the forefront of developments in the digital banking industry, contributing to the advancement of banking products and services. It's worth noting that The Banker Magazine, owned by the Financial Times and based in London, named Arab Bank as 'Bank of the Year in the Middle East for 2024'. Arab Bank also received the 'Best Bank in the Middle East 2025' award by New York-based international publication 'Global Finance', in addition to 24 local and regional awards in recognition of its corporate and consumer digital banking services in Jordan and across Middle East markets.
Gulf Insider
2 days ago
- Gulf Insider
Appeals Court Allows BD20,000 Gulf Verdict To Take Effect
The Supreme Civil Appeals Court has ruled that a BD20,000 judgment issued by a court in a Gulf country in a commercial dispute is enforceable in Bahrain. The decision came in response to a case filed by a Gulf-based businessman against a local contracting company over unpaid commercial transactions. The court overturned an earlier lower court ruling that had rejected the enforcement request on the grounds that the foreign judgment was not final. However, appeals judges found the ruling to be conclusive and binding, as the appeal window had passed. Lawyer Abrar Bukheet, representing the claimant, said her client had initially filed the case in his home country after a business dispute with the Bahraini company's owner. The foreign court ordered the defendant to pay nearly BD20,000 in penalties and outstanding dues. A retrial request was denied, prompting the claimant to seek enforcement through Bahrain's courts. The appeals court cited Bahrain's Civil and Commercial Execution Law, which allows enforcement of foreign judgments under reciprocal terms— provided certain conditions are met. These include confirming that Bahraini courts had no jurisdiction over the case, that due process was followed, the ruling was final, and it did not conflict with any previous Bahraini judgment. The court confirmed that the Gulf ruling met all requirements, including carrying the executory formula and the authority of res judicata. It accepted the appeal, overturned the lower court's decision, and approved enforcement of the foreign judgment within the Kingdom.
Syyaha
3 days ago
- Syyaha
Dusit International expands Saudi portfolio with new dusitD2 resort in Al Ahsa
RIYADH, SAUDI ARABIA – Media OutReach Newswire – 8 August 2025 – Dusit International has signed a hotel management agreement with Al Ghadeer Group to operate dusitD2 Al Ahsa – a new upper-upscale resort in the heart of Al Ahsa Oasis, a UNESCO World Heritage Site in the eastern part of the Arabian Peninsula. The signing ceremony was held under the esteemed patronage of HRH Prince Saud bin Talal bin Badr Al Saud, Governor of Al Ahsa. Pictured (from left): Mr Shadi El Ghoneimi and Mr Omar El Ghoneimi, El Ghoneimi Architects; Mr Elias Maalouf, AVP Technical Services & Development – EMEA, Dusit International; Sheikh Bassem Al Ghadeer – Chairman Al Ghadeer Group; HRH Prince Saud bin Talal Al Saud, Governor of Al Ahsa Province; Mr Naif Al Madi, Chief Business Officer, Tourism Development Fund; Mr Ossama Al Hattami, VP – Hospitality, Dusit Saudi; Mr Gilles Cretallaz, Chief Operating Officer, Dusit International; and Mr Khaled Al Hattami, Chief Executive Officer, Dusit Saudi. The signing ceremony, held under the esteemed patronage of HRH Prince Saud bin Talal bin Badr Al Saud, Governor of Al Ahsa, was attended by notable dignitaries including Mr Naif Al Madi, Chief Business Officer of the Tourism Development Fund; Sheikh Bassem Al Ghadeer, Chairman of Al Ghadeer Group of Companies; and Mr Gilles Cretallaz, Chief Operating Officer of Dusit International. Located just 30 minutes by car from Al Ahsa International Airport and 90 minutes from Dammam, dusitD2 Al Ahsa is set amidst palm-fringed landscapes and dramatic mountain vistas. The resort will offer 120 spacious suites, ranging from one-bedroom to three-bedroom configurations, each with a private terrace and plunge pool, providing an elevated sense of privacy and relaxation. Designed by Cairo-based El Ghoneimi Architects, the resort's masterplan draws inspiration from the desert's timeless beauty, the nearby mountains, and the life-giving symbolism of the palm tree. Guests will enjoy a comprehensive range of premium facilities, including a wellness centre with private treatment rooms, meditation areas, and dedicated spaces for yoga and holistic healing; an elegant 1,500 sq m ballroom and expansive outdoor event lawn for weddings and large social or corporate gatherings; well-equipped meeting rooms for business travellers; a vibrant all-day dining restaurant; a lobby café offering light gourmet fare; a large outdoor swimming pool with an adjoining kids' pool; and a dedicated kids club providing engaging activities in a safe and stimulating environment. Surrounded by cultural and ecological treasures such as Al Qarah Mountain, Juatha Park, and the historic Qaisariah Souq, the resort is ideally positioned to serve as a gateway for domestic and international travellers seeking meaningful experiences and immersive stays amid the largest oasis in the world. 'This important signing reflects our strategic commitment to bringing Dusit's unique brand of Thai-inspired, gracious hospitality to key destinations worldwide and our dedication to delivering sustainable value for the communities we serve,' said Mr Gilles Cretallaz, Chief Operating Officer, Dusit International. 'We are delighted to partner with Al Ghadeer Group to create a destination that celebrates Al Ahsa's rich heritage and natural beauty while offering exceptional comfort, modern luxury, responsible design, and memorable experiences for guests of all ages.' Set to open in 2027, dusitD2 Al Ahsa underscores Dusit International's continued expansion in the Middle East, where the company currently operates nine properties and continues to explore opportunities to deliver holistic hospitality experiences across the region. It is the second Dusit-branded property confirmed for Saudi Arabia, following the upcoming opening of Dusit Princess Al Majma'ah, Riyadh, scheduled for Q4 this year.
