Saudi Aramco aims at four-fold data storage capacity growth by 2025

The oil giant has invested in building a global developable data centre and plans, at the same time, to double its capacity, noting that the oil and gas sector is no way far from the technological advancement

  
The logo of Aramco is seen as security personnel stand before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019.

The logo of Aramco is seen as security personnel stand before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019.

REUTERS/Hamad I Mohammed

Riyadh –  The Saudi Arabian Oil Company (Saudi Aramco) continues to delve into the digital transformation space and seeks to double its data storage capacity four times by 2025, the company’s chief engineer, Ahmad A. Al-Sa'adi, said during the Global AI Summit.

He added that the oil giant has invested in building a global developable data centre and plans, at the same time, to double its capacity, noting that the oil and gas sector is no way far from the technological advancement, Saudi Press Agency (SPA) reported.

The two-day summit was held on Wednesday under the theme of “AI for the Good of Humanity”.

Al-Sa'adi revealed that Saudi Aramco invested in more than 15 local and global startups that focus on artificial intelligence (AI) and machine learning.

Highlighting its economic value in oil and gas operations, he said that AI technologies helped the company reduce energy consumption in the Khurais oilfield by 18%, lower maintenance costs by 30%, and cut inspection times by around 40%.

More into digital transformation, the company invests in upgrading its cybersecurity capabilities. It has developed an internal machine learning platform to broaden governance framework, quickly detect risks, increase protection levels while accelerating inspection capabilities.

Source: Mubasher

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