08:00 Tue 23 Jun 2020
TP Group PLC - AI system contract in the UAE energy sector
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Artificial Intelligence system contract in the
The contract will see
The proof of concept project will develop a digital model of a selection of specific oil production assets and will be structured around the Optimiser system, which is part of
The initial development will be for six months and will produce an operational solution with the potential to expand to a significantly wider community and other assets. This work will be undertaken by both the TP Group Digital Solutions team based at Fareham in
"This is a real breakthrough for our digital solutions team and rewards the hard work and commitment of that team to develop innovative solutions for our global customer base across multiple industrial sectors, building upon our AI pedigree and opening up a wide range of opportunities.
"It also marks the first commercial business with our first industry solutions partner, and we look forward to working with gDi in the future to build upon this contract and generate further business in the oil and gas sector."
For further information, please contact:
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Tel: 01753 285 810 |
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Cenkos Securities plc |
Tel: 020 7397 8980 |
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Tel: 020 7390 0230 |
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