The Partnership Revolutionizes Energy Efficiency

Artistic representation for The Partnership Revolutionizes Energy Efficiency

The partnership between Weatherford International plc and AIQ marks a significant milestone in the oil and gas industry. This collaboration is set to bring transformative efficiency to energy production, leveraging advanced automation, data-driven insights, and the power of AI technology. Weatherford and AIQ will enable operators to optimize their production workflows, reduce downtime, and significantly enhance operational efficiency across global oil and gas facilities. Key Benefits of the Partnership
• **Modern Edge Integration**: Weatherford’s Modern Edge will be combined with AIQ’s AI technology to provide operators with the ability to scale their work processes efficiently while ensuring an economic return. • **Unified Data Model**: Weatherford’s Universal Normalizer will work in tandem with AIQ’s capabilities to harmonize multi-asset data, combining operational and financial analysis into a unified, API-supported data model. • **WFRD Software Launchpad**: Customers will gain the ability to procure all of their software needs via a comprehensive industrial SaaS platform, eliminating the complexity of managing multiple systems and vendors.

The partnership aims to unlock unprecedented efficiencies in the energy sector, boosting productivity and reducing operational costs.

“We are excited to partner with AIQ to bring innovative, AI-driven solutions to the oil and gas industry. This strategic partnership allows us to deliver cutting-edge technologies that empower our customers to maximize their operational efficiency, enhance automation, and reduce costs.” – Girish Saligram, President and Chief Executive Officer of Weatherford

Magzhan Kenesbai, Acting Managing Director of AIQ, highlighted the partnership as a step in AIQ’s mission to accelerate the deployment of impactful AI systems across the energy value chain.

“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 driving greater efficiencies to the industry through the development of scalable, automated applications.” – Magzhan Kenesbai, Acting Managing Director of AIQ

The Benefits of the Partnership
Modern Edge Integration Unified Data Model WFRD Software Launchpad
Provides operators with efficient scaling of work processes Harmonizes multi-asset data into a unified API-supported model Allows customers to procure software needs via a comprehensive industrial SaaS platform

Unlocking Efficiency
The partnership will enable the energy sector to unlock unprecedented efficiencies, boost productivity, and reduce operational costs. By integrating Weatherford’s world-class software and hardware solutions with AIQ’s robust AI-driven systems, the two companies will create a powerful combination that empowers operators to succeed in an increasingly competitive and data-driven industry. About Weatherford and AIQ
Weatherford International plc delivers innovative energy services that integrate proven technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment. With approximately 19,000 team members representing more than 110 nationalities and 330 operating locations, the Company conducts business in approximately 75 countries. AIQ is an innovative global technology pioneer based in Abu Dhabi, dedicated to accelerating AI-driven advancements within the Energy sector.

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