AI revolutionizing Africa’s oil and gas sector GARIKAI MAFIRAKUREVA CAPE TOWN – Artificial intelligence (AI) is revolutionizing Africa’s oil and gas sector by breathing new life into ageing oilfields through Enhanced Oil Recovery (EOR) technologies. Once considered a challenge due to declining productivity, mature fields across the continent are now becoming fertile ground for innovation, thanks to AI-driven solutions.
The upcoming African Energy Week (AEW): Invest in African Energies 2025, set for September 29 to October 3 in Cape Town, will spotlight this digital transformation and the critical role AI is playing in maximizing oil production. At the core of this technological shift is AI’s ability to deliver predictive analytics and machine learning applications that improve operational efficiency, extend the lifespan of oilfields, and optimize recovery rates. These innovations are rapidly becoming essential as the global market for AI in oil and gas, estimated at $3.54 billion in 2025, is projected to reach $6.4 billion by 2030. Companies like Baker Hughes and Repsol are already integrating AI into their workflows, with Repsol advancing several projects in Libya, Algeria, and Morocco. Similarly, SLB launched its Africa Performance Center in Luanda this year to provide AI-powered digital solutions that support oil operations. The company’s significant investments in Angola and across Africa highlight the region’s readiness to adopt cutting-edge technologies.......Full story on www.masvingomirror.com https://masvingomirror.com/ai-revolutionizing-africas-oil-and-gas-sector/ Follow The Mirror channel on WhatsApp: https://whatsapp.com/channel/0029VaDkczW42DcZ1gleaW2j Look out for your copy of The Mirror..... https://anyflip.com/pckiw/xtdj/