UAE's Space42 and nybl Launch Satellite-Enabled AI Solution for Oil and Gas Industry

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UAE's Space42 and nybl Launch Satellite-Enabled AI Solution for Oil and Gas Industry

Space42 and nybl, two technological leaders in the UAE, have joined forces to launch a pioneering satellite-enabled AI solution tailored for the oil and gas industry. This cutting-edge solution, developed in partnership with Thuraya under the Yahsat Space Services division, focuses on leveraging AI-powered Satellite Communications (SatComs) to enhance efficiency and productivity in oil wells.

During a six-month certification process on 27 oil wells using Thuraya's satellite network, a specialized AI module for the oil and gas sector was successfully implemented. The AI-powered solution can accurately forecast potential failures of Electrical Submersible Pumps (ESP), empowering oil and gas companies to proactively address issues before they escalate, consequently reducing production downtime and optimizing operational performance. The groundbreaking solution, based on real-time intelligence provided by the Proof of Concept (POC), has shown the potential to extend pump lifespan, increase oil well production deliveries, and predict failures efficiently, ultimately improving reservoir, energy, and production management.

Sulaiman Al Ali, CEO of Thuraya, expressed pride in developing AI-powered SatCom solutions that offer oil and gas players data-driven insights to enhance operational efficiencies. As Space42 embarks on its journey, the commitment remains to provide reliable communication solutions for seamless connectivity and real-time data transmission to streamline operations globally. Noor Alnahhas, Co-founder and CEO of nybl, emphasized the innovative nature of the certified solution, highlighting the successful integration of the nybl AI platform with Thuraya's AI-powered SatCom solutions. This collaboration signifies a strategic partnership that combines strengths, synergies, and core capabilities to offer transformative AI-powered solutions, reflecting a shared commitment to advancing UAE's technological capabilities and contributing to economic and technological progress in the region.