How AI Helps Reduce Risk for the Oil and Gas Sector


How AI Helps Reduce Risk for the Oil and Gas Sector

The oil and gas industry operates within scenarios that are fraught with challenges and risks, ranging from operational safety hazards to market volatility. In recent years, Artificial Intelligence (AI) has emerged as a game-changing technology with the potential to revolutionize the way the industry approaches operations and risk management. By harnessing AI’s predictive capabilities, data analysis prowess, and automation capabilities, oil and gas companies can significantly reduce risks and enhance overall operational efficiency. iLearningEngines’ AI-enriched Learning and Information Intelligence platform is able to create and power an innovative digital ecosystem for the oil and gas sector, reducing risks for businesses and enabling sustainable practices to benefit all. 

iLearningEngines provides smart solutions for multiple industries

Through an intelligent, AI-enriched platform, iLearningEngines offers multiple sectors powerful solutions for the management and organization of their business operations. This is achieved through learning automation and information intelligence features that allow your organization to leverage its data and information for optimal performance. With powerful but user-friendly technology, the iLE platform can help you power your business. 

iLE’s Learning Automation functionality provides you with an ecosystem that serves as an AI engine, implementing an automated learning space that is accompanied by our Knowledge Cloud, which centralizes and unifies all company information. This provides your team with a consolidated repository of data that facilitates seamless information access, enabling heightened efficiency and better organizational systems.

The platform’s Information Intelligence capabilities further elevate productivity by leveraging insights to help bridge performance gaps and facilitate decision-making. A Workflow Designer is one such feature that enables companies to create customized workflows that utilize automation. Additionally, the platform provides AI Assistants that help with the translation of raw data into actionable information through identifying and generating key analytical insights. This process helps your organization enhance its operations and achieve better outcomes.

How iLE helps oil and gas companies

iLearningEngines’ utility for the oil and gas sector spans multiple facets of operations. Our platform creates a digital infrastructure for your organization, which not only improves training workflows, employee and customer engagement, and compliance processes, but also considers health, safety, and the environment as top priorities as well. From curated training to offline controls for offshore oil rigs, the iLE platform helps energy businesses in multiple ways. We have contributed to a 0% LTI for three years across the energy ecosystem. Let’s explore how the iLE platform is most effectively implemented in oil and gas operations.

  • Uniquely tailored, enterprise-level oil and gas training. The iLearningEngines platform assists small to medium enterprises with the aggregation and curation of content from both publicly available resources and internal company repositories in order to create a comprehensive HSE Training module program.
  • Remote onboarding processes for new employees. Through the iLE platform, companies train and onboard your new employees prior to them formally joining the company. iLE enables organizations to structure a training plan based on their unique operations and company-specific processes, which in turn facilitates increases in compliance and dramatically reduced operational risk.
  • Offline access for offshore and remote oil rigs with no connectivity. Our AI system even works in areas with limited internet connectivity. Organizations are able to synchronize with a centralized iLearningEngines Knowledge Cloud to access training data and then share this information to all offline rigs, ensuring that teams maintain workflows and processes without missing a beat.
  • Artificial intelligence and machine learning systems. iLearningEngines’ AI and machine learning technology is there to guide teams. Through Employee Assist, managers are able to enhance the engagement and performance of their staff. Furthermore, the technology is highly scalable, expanding across the entirety of the Enterprise ecosystem to include employees, customers, managers and partners across business units worldwide.
  • Optimal employee well-being. Finally, the iLE platform incorporates training modules for health and safety and the environment. By utilizing iLE for training, organizations can reduce costs while simultaneously improving retention rates in the workforce due to job preparedness and agile skill development. As a result, the entire team is provided with easy access to all policies and information through the platform, empowering them with important knowledge that can improve their well-being.

Ultimately, iLearningEngines’ AI-driven platform provides oil and gas sector organizations with the tools and resources they need to carry out their operations successfully, mitigating risk through comprehensive training platforms and streamlining processes to improve all-round outcomes. By harnessing the power of predictive analysis, automation, and data-driven insights, companies can proactively identify and address potential risks, enhance safety measures, optimize operations, and make informed strategic decisions.

Request a Demo and learn more about how iLearningEngines is helping oil and gas operations today.