{"id":50321,"date":"2024-10-16T21:14:25","date_gmt":"2024-10-16T13:14:25","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/space42-and-nybl-partner-on-ai-solution-for-oil-and-gas-industry\/"},"modified":"2024-10-16T21:14:25","modified_gmt":"2024-10-16T13:14:25","slug":"space42-and-nybl-partner-on-ai-solution-for-oil-and-gas-industry","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/space42-and-nybl-partner-on-ai-solution-for-oil-and-gas-industry\/","title":{"rendered":"Space42 and nybl Partner on AI Solution for Oil and Gas Industry"},"content":{"rendered":"<\/p>\n<p><strong>Space42 <\/strong>wants to bring AI to the oil &amp; gas (O&amp;G) industry. It has teamed up with <strong>nybl<\/strong>, a science-based AI company, to launch a satellite-enabled AI solution for O&amp;G companies aimed at optimizing oil well efficiency and productivity. Space42 announced the launch, Oct. 15.<\/p>\n<p>The new solution, the first outcome of the partnership between nybl and Space42\u2019s satellite mobility arm <strong>Thuraya<\/strong>, under the Yahsat Space Services business division, is focused on developing AI-powered satellite communications solutions. This collaboration also allows Thuraya to deliver these capabilities to its customers through the nybl AI platform, n.lift.<\/p>\n<p>The certification, conducted over a six-month period on 27 oil wells using the Thuraya satellite network, implemented a specialized AI module for the O&amp;G sector. This Thuraya AI-powered solution can accurately predict potential failures of electrical submersible pumps (ESP), allowing oil and gas companies to address issues before they occur, reducing production downtime.<\/p>\n<p>\u201cIt is a clear testament to the opportunities this agreement with Thuraya brings, allowing us to leverage the strengths, synergies and core capabilities from both entities, creating a unique offering of transformative AI-powered solutions and global ambitions to across various industries. Our vision is to further advance UAE technological capabilities, in line with our long-term commitment to increasing local value and contribute to the economic and technological development of the region,\u201d Noor Alnahhas, co-founder and CEO of nybl, said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Space42 wants to bring AI to the oil &amp; gas (O&amp;G) industry. It has teamed up with nybl, a science-based AI company, to launch a satellite-enabled AI solution for O&amp;G companies aimed at optimizing oil well efficiency and productivity. Space42 announced the launch, Oct. 15. The new solution, the first outcome of the partnership between [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":50322,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-50321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/50321"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=50321"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/50321\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media\/50322"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=50321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=50321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=50321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}