AI for reliability
Under reliability, Aramco geoscientists use AI to analyze seismic data and pinpoint sweet spots, meaning exceptionally high potential opportunities that can minimize drilling risk.
When it comes to production, at Khurais for example, one of our enormous oil fields, we've deployed 40,000 sensors covering over 500 oil wells over a huge geographical area. Our predictive models forecast well behavior, allowing us to take real-time action to control and optimize production. I want to stress that the goal of deploying these technologies is to create economic value. For example, we've been able to reduce overall power consumption by 18 percent, reduce maintenance costs by 30 percent, and cut inspection times by around 40 percent. Khurais recently became our second facility, after 'Uthmaniyah Gas Plant in 2019, to receive the prestigious World Economic Forum (WEF) global lighthouse award, for being a leader in the adoption and integration of cutting-edge technologies of the Fourth Industrial Revolution.
Our teams have also developed an innovative approach to integrate different digital solutions, including “Digital Twin” and energy intensity, among other AI-based solutions. This patented solution is branded as “Plant.Digital,” and we are working with several major software providers to commercialize the product.
When it comes to supply chain management, we have completed deployment of the e-marketplace, which employs advanced machine learning technologies to deliver fast and accurate supplier and commodity data, and provide detailed spend analysis. Another interesting ongoing development is a machine learning algorithm to monitor material in transit, and help improve the on-time delivery of materials.
AI for Safety
When it comes to project safety, we worked with Foghorn, one of the AI venture capital startups we invested in through our venture capital subsidiary, SAEV; to develop a new Edge Analytics solution, to monitor, detect, and provide notifications on worker safety violations, using digital image processing. The solution provides real-time and proactive alerts for safety compliance.
AI for sustainability
Coming to sustainability that is among our highest priorities, we believe there is a key role for AI in this strategic domain.
I'm proud to highlight that we have the lowest upstream oil carbon intensity in the industry, achieving 10.1 Kg of CO2 per barrel of oil equivalent produced. Coupled with an energy Intensity of 114.1 KBtu/Boe, we are among the best-in-class of major oil and gas producers.
We've also developed an algorithm that predicts and minimizes the need for flaring. By deploying this solution, our flaring intensity remains at less than 1% of our gas production, and the World Economic Forum has recognized this impressive example of environmental stewardship.
We've also developed a greenhouse gas emissions analytical solution that monitors emissions from over 2000 sources across our operating facilities. These tools benchmark the performance of each facility across the company, to identify opportunities to cut flaring and reduce emissions.
We're now looking into the use of Low Earth Orbit satellites, coupled with advanced data analytics, to monitor and further reduce our emissions.
As we digitally transform our operations, we also continue to invest in upgrading our cybersecurity capabilities. Accordingly, we have developed our internal Machine Learning Platform to amplify governance, rapidly identify risks, elevate protection, and accelerate detection capabilities.
For example, with the increased use of remote access (SSLVPN) due to COVID19, we developed a model that would learn the behavior of a trusted user/machine, and alert our Global Security Operations Center when the behavior deviates and becomes a threat. This ability helps us adjust our internal policies and behavior management programs, to educate our user base on safe teleworking practices.
Ladies and gentleman, Saudi Aramco has both a progressive AI strategy and an active execution program leading to real results, while creating economic value.
I believe this technology will play a defining role in creating a more prosperous future, and I'm proud that Aramco and the Kingdom are at the forefront of the AI revolution.