Schlumberger Limited (SLB) and AIQ Join Forces to Deploy Agentic AI Solution Across ADNOC’s Subsurface Operations

Schlumberger Limited (NYSE:SLB) is among the 13 Best S&P 500 Stocks to Buy According to Wall Street Analysts. Earlier this month, the global energy technology firm announced that it would collaborate with AIQ to advance the Abu Dhabi-based company’s development and deployment of ENERGYai across ADNOC’s subsurface operations.

Schlumberger Limited (SLB) and AIQ Join Forces to Deploy Agentic AI Solution Across ADNOC’s Subsurface Operations

A row of massive oil rigs in a desert landscape, against a setting sun.

The agentic AI solution is built on seven decades of proprietary data and knowledge. It combines LLM technology and cutting-edge agentic AI that is tailored for workflows at ADNOC’s upstream value chain. Initial tests using 15% of ADNOC’s data resulted in a 10 times increase in seismic interpretation speed, while precision improved by 70%.

Schlumberger Limited (NYSE:SLB) and AIQ will jointly develop and deploy new agentic AI workflows across the oil company’s subsurface operations, with support from SLB’s Lumi data and artificial intelligence platform, along with other digital technologies. The Lumi platform is designed to boost productivity and efficiency for customers by enhancing data access, scaling AI solutions, and streamlining workflows.

Rakesh Jaggi, president, Digital & Integration, at Schlumberger Limited (NYSE:SLB), shared the following remarks on the collaboration:

“Our collaborations with AIQ have already delivered innovative solutions, and now we are supporting the building of the foundation for the next era of intelligent energy operations together with AIQ’s ENERGYai . This agentic AI solution is set to drive long-term value and operational resilience across ADNOC’s energy value chain.”

According to Schlumberger Limited (NYSE:SLB)’s press release, a scalable version of ENERGYai is currently being developed, with deployment expected during the fourth quarter of the calendar year.

While we acknowledge the risk and potential of SLB as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SLB and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 12 Best Australian Stocks to Buy Right Now and 11 Best Large Cap Defense Stocks to Buy According to Analysts 

Disclosure: None.