The oil industry experiences transformation through predictive maintenance and AI exploration..... applications and energy-efficient solution implementations. Offshore drilling improvements and renewable power integration along with IoT-based system monitoring and carbon capture methods belong to this innovation sector. The presentation discusses three main topics namely the use of artificial intelligence for reservoir simulations and blockchain applications to enhance supply chain visibility as well as sustainable energy transformations. Digital transformation including oil refinery modernization and automated pipelines and emission reduction methods has transformed the industry because of changing worldwide energy requirements. Companies that are transitioning toward cleaner energy have started implementing AI-based sustainability measures as well as smart grid technology alongside hydrogen fuel development for the purpose of sustainability.Read More
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