Baker Hughes Teams With Petronas on Industrial Digital Capabilities
Baker Hughes has signed a memorandum of understanding with Petronas to deploy industrial digital capabilities through Petronas’ AI Center of Excellence in Malaysia.
Baker Hughes and Petronas signed a memorandum of understanding (MOU) at the Abu Dhabi International Petroleum Exhibition and Conference 2022 to collaborate on industrial and oil and gas artificial intelligence (AI) technologies to accelerate the energy company’s sustainability goals.
The two companies will collaborate as part of Petronas’ AI Center of Excellence (AI CoE) in Malaysia to complement the current operational expertise and AI capabilities of Petronas with the scalable oil and gas AI and machine learning (ML) technologies of BHC3. In addition, Baker Hughes will share its domain expertise and best practices in the areas of industrial asset management, standards, processes, and change management.
The two companies aim to develop capabilities that will help optimize Petronas’ assets, operational processes, and business operations through improved uptime, increased operational flexibility, capital planning, and energy efficiency management.
“The complex challenges of the energy transition require new forms of collaboration,” said Judit Prieto, vice president of industrial asset management at Baker Hughes. “Digital technologies will be an important part of the answer in driving efficiency, safety, and performance of industrial assets. This collaboration with Petronas marks a step forward in our growth strategy to provide differentiated solutions for industrial assets.”
This announcement builds on the earlier news of Baker Hughes’ industrial asset management ecosystem with C3 AI.
“With the culmination of this MOU signing, we are excited for greater achievements in our AI journey as we join forces in understanding customers’ needs and uncovering significant outcomes across key areas such as operational resilience, human safety, and energy sustainability,” said Aadrin Azly, Petronas’ chief digital officer.
“The AI CoE will leverage on diverse expertise from our internal resources and other industry players to grow an ecosystem that accelerates value delivery and cultivates AI talent,” he added.