Aramco CEO: AI speeds up oil and gas explorations

user icon
NOHA.GAD
calender icon
Jan 21, 2025
article image

Riyadh - Sharikat Mubasher: Artificial Intelligence (AI) is revolutionizing industries worldwide, serving as a catalyst for innovation and efficiency. From healthcare to finance, manufacturing to energy, AI empowers businesses to process vast amounts of data, automate complex tasks, and unlock new opportunities.

Amin Nasser, President and CEO of Saudi Aramco, affirmed that AI has enabled the company to discover more gas and oil by significantly reducing the time required to run seismic operations from days to hours.

Speaking during a panel discussion titled “Industries in the Intelligent Age” at the World Economic Forum Annual Meeting 2025, Nasser emphasized that AI is a transformative force across all industries. He highlighted AI's potential to tackle global challenges, ranging from energy security to healthcare. However, he cautioned that responsible deployment is essential to prevent exacerbating inequalities.

The World Economic Forum Annual Meeting 2025 began on 20 January in Davos, gathering global leaders to address global and regional challenges. These include responding to geopolitical shocks, stimulating growth to improve living standards, and stewarding a just and inclusive energy transition.


Share

Related News

Kingdom inaugurates its Heavy Equipment Connect Forum at Dhahran Expo
News
Calendar Icon
February 3, 2026
Kingdom inaugurates its Heavy Equipment Connect Forum at Dhahran Expo
Read More
Horizon partners with Northgate to support Swedish firms entering Saudi market
News
Calendar Icon
February 3, 2026
Horizon partners with Northgate to support Swedish firms entering Saudi market
Read More
Global event agency Catapult expands into Saudi Arabia backed by AstroLabs
News
Calendar Icon
February 3, 2026
Global event agency Catapult expands into Saudi Arabia backed by AstroLabs
Read More
Saudi Arabia to host WTM Spotlight Riyadh in September
News
Calendar Icon
February 3, 2026
Saudi Arabia to host WTM Spotlight Riyadh in September
Read More
RDI unveils Wadi Jeddah Innovation Hub to support startups
News
Calendar Icon
February 3, 2026
RDI unveils Wadi Jeddah Innovation Hub to support startups
Read More
PwC to open more offices across Saudi Arabia
News
Calendar Icon
February 3, 2026
PwC to open more offices across Saudi Arabia
Read More
PMI eases to 56.3 as Saudi non-oil sector expands
News
Calendar Icon
February 3, 2026
PMI eases to 56.3 as Saudi non-oil sector expands
Read More
ALIPH to establish regional headquarters in Riyadh
News
Calendar Icon
February 3, 2026
ALIPH to establish regional headquarters in Riyadh
Read More
Shorooq launches $200mn late-stage tech Fund
News
Calendar Icon
February 3, 2026
Shorooq launches $200mn late-stage tech Fund
Read More
King Saud University pacts with PMI to develop project management practices
News
Calendar Icon
February 3, 2026
King Saud University pacts with PMI to develop project management practices
Read More