Baker Hughes and announce joint venture to provide AI in oil and gas

Baker Hughes signed agreement to create a joint venture with to support automation and digitization in oil and gas industry with artificial intelligence solutions.

According to the preliminary agreement, Baker Hughes will take a seat on the board of directors in and will apply’s technologies to increase performance and improve operations. The implementation of AI technology in O&G industry allows to optimize operations and develop planning and safety due to the advanced data processing and predictive maintenance through the whole oil and gas value chain.

The cooperation between these two companies will lead to further AI solutions developments in oil and gas segment based on the’s experience in AI implementation and Baker Hughes’ expertise in O&G sector.

Digital solutions in upstream, midstream and downstream are the central focus of the Oil & Gas Automation and Digitalization Congress 2021. Within two-day business program you can discuss the most burning issues and case studies with the colleagues from the industry and discover new technologies at the start-up session.

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