Sebastian Thrun speaking at the oil and gas 4.0, the Strategic Conference at ADIPEC 2019 will deliver a keynote titled “Exploiting megatrends will be critical in developing and scaling new capabilities. What potential disruptors must the industry embrace?”

Sebastian Thrun is CEO KittyHawk, Co-Founder Udacity, Adjunct Professor Stanford Former Vice President Google Founder Goole X Lab, Founder, GoogleGlass and Google Self Driving Car Stanley.

The oil and gas industry is witnessing a revolutionary shift in implementation of Artificial Intelligence (AI) tools & technologies.

Today, AI is helping the oil and gas industry chart its future course. The industry has started adapting AI technology to its advantage that allows planning, forecasting, eliminating cost, facility management to safety, predictive maintenance and remote logistics.

According to Markets and Markets, report estimates the value of AI in the oil and gas industry will reach $2.85 billion by 2022, growing at a compound annual growth rate of 12.66 per cent.

NOCs & IOCs can now benefit from real-time decision-making for profit & loss management and develop models that can predict equipment operational efficiency, and failure modes; across all streams of oil and gas sectors and is further expected to fuel the industry.

The Abu Dhabi International Petroleum Exhibition & Conference will take place on November 11-14.

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2nd September 2019