Riyadh, Saudi Arabia – A Pioneering Partnership
Saudi deep-tech and AI innovator nybl has entered into a technology collaboration with NOV (NYSE: NOV), a global leader in the energy industry. This partnership marks a significant milestone in nybl’s strategic growth plan, reinforcing its commitment to advancing AI solutions for the Oil & Gas (O&G) industry in Saudi Arabia.
Enhancing AI in Upstream Production
nybl’s Founder & CEO, Noor Alnahhas, emphasized the importance of this collaboration, stating:
"Our partnership with NOV strengthens our mission to integrate cutting-edge AI into industries that drive global progress. By embedding nybl’s AI into NOV’s Max™ Production software suite, we are revolutionizing upstream production solutions for the oil and gas industry."
This collaboration aligns with Saudi Vision 2030, contributing to economic diversification and reinforcing Saudi Arabia’s leadership in AI-driven technology.
Integration with NOV’s Max™ Platform
The partnership will integrate nybl’s AI-driven analytics with NOV’s Max Production suite within the Max Platform™, enabling:
- Real-time operational insights
- Enhanced efficiency and performance optimization
- Predictive maintenance to prevent equipment failures
- Maximized oil and gas production
Matt Gipson, Sr. Vice President of NOV's Artificial Lift business unit, highlighted the impact of this collaboration:
"By integrating nybl’s AI technology with NOV’s Max Production suite, we are empowering operators to optimize well production and equipment performance. This partnership is a testament to the power of international collaboration in driving technological advancements in the energy sector."
Driving Innovation in the Energy Sector
Both nybl and NOV remain committed to delivering innovative AI and platform solutions that set new industry benchmarks. This partnership not only strengthens Saudi Arabia’s role in global energy innovation but also paves the way for future strategic collaborations in the Kingdom’s rapidly evolving energy technology sector.
