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Exploration

The AI in oil and gas market is forecast to reach US$13bn by 2034, according to the report. (Image source: Adobe Stock)

The artificial intelligence (AI) in oil and gas market is estimated to be valued at US$3.5bn in 2024 and is expected to reach US$13bn by 2034, according to a new report from Future Market Insights on AI in the Oil and Gas Market 

This year, Africas offshore is set to see multiple production and exploration activities following 2023, when about 36 drilling rigs have been contracted and others extended, raising further prospects

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