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About this Training Course 

The Significance and Application of Artificial Intelligence in Oil & Gas Artificial Intelligence is probably the most important technology development of this decade. Artificial Intelligence attempts to simulate several key human capabilities. Simply put, it is a tool that looks for hidden patterns in a massive pool of data that most energy companies are acquiring or developing in business daily. These patterns have predictive value. Machines that can learn from these massive amounts of data can help you make faster, better and cheaper decisions. Machine learning and other big data applications could save the oil & gas industry as much as $50 billion in the coming decade, according to management consulting firm McKinsey & Company. Since the fall of the global oil price in 2014, companies have increasingly been looking at technology to secure reducing costs, improving efficiency and minimizing downtime. Whether it is to optimize processes at the front end of the hydrocarbons life cycle or to provide support for inexperienced professionals, the oil & gas sector will be increasingly turning to machine-led intelligence to drive improvements in the years to come.