AIQ enters Indonesia through strategic agreement with SKK Migas

OIL AND GAS NEWS

AIQ, an Abu Dhabi-based AI company, has partnered with Indonesia's Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) to implement its Reservoir Performance Advisor (RPA) module from the Advanced Reservoir 360 (AR360) platform in Indonesia's upstream oil and gas operations.

AR360 is a predictive, automated assessment tool providing a 75 percent efficiency gain in user productivity in performing comprehensive reservoir model reviews.

The application democratises access to all reservoir model data to asset team members, with information made accessible via a dashboard in the cloud.

Access to the RPA module enables users to unlock powerful machine learning and automation capabilities directly within their existing workflows.

The agreement further lays the foundation for joint initiatives in AI, asset digitalisation, and autonomous operations, unlocking new pathways for innovation and resilience in Indonesia’s upstream energy sector.

Dennis Jol, CEO of AIQ, stated, “Indonesia's upstream sector faces unique challenges with mature fields requiring sophisticated reservoir management. This agreement directly addresses SKK Migas' need to optimise production from existing assets while reducing operational costs, demonstrating how targeted AI applications can extend field life and improve recovery rates. This is a major milestone in AIQ's international growth strategy, and we are proud to bring our UAE-developed innovations to Indonesia, advancing digital transformation across the upstream sector.”

Dr.Djoko Siswanto, Head of SKK Migas, commented, “Our collaboration with AIQ reflects SKK Migas’ commitment to driving innovation and building a smarter, more resilient upstream sector. By leveraging advanced AI capabilities through strategic partnerships, we aim to enhance national energy security, boost operational performance, and position Indonesia as a regional leader in digital transformation.” -OGN/TradeArabia News Service

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