Saudi Ministry of Energy Uses AI to Boost Operational Resilience
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What happened
The Ministry of Energy in Saudi Arabia is using artificial intelligence and real-time data to anticipate disruptions within the energy sector. Officials stated that integrating data across the energy value chain allows the ministry to make faster and more predictive decisions. Furthermore, the ministry signed agreements with the International Energy Forum and the Oil Sustainability Program to enhance cooperation in sustainability and clean energy.
From arabnews.com
Why it matters
The move to use predictive analytics and real-time information helps strengthen the energy sector's resilience against potential crises. This enhanced operational capability could improve risk management and efficiency for major energy companies operating in the Kingdom.
From arabnews.com
Who's involved
- Ministry of EnergyGovernment agency responsible for strengthening the energy sector's resilience
- Saudi ArabiaThe country where the Ministry of Energy operates
- RiyadhThe capital city where the Ministry of Energy is located
- Saudi AramcoA major state-owned petroleum company in Saudi Arabia
How it developed
Newest first. Tap a step to see who reported it.- The Ministry of Energy launched a hackathon in Riyadh, while Vicki Hollub was noted as the former CEO of Occidental Petroleum.Sub-event
Ministry of Energy seeks resilience before a crisis hits.1 source
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The entities involved
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Ministry of Energy
Pakistan government executive body concerning petroleum, electricity
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Riyadh
capital and largest city of Saudi Arabia