Abu Dhabi's AIQ in Early Talks for First US Customers After Launching Genesis Platform

"In the last 30 days, we have seen a lot of interest from US customers because they understood the power of Genesis orchestration," AIQ chief technology officer Saravan Penubarthi told AGBI at Adipec, the energy conference in Abu Dhabi. He said the talks were at an early stage. "We are just in the very initial conversation through our partnerships," he said, adding: "Let's hope we can try to do something in 2027."

A US contract would test whether Gulf energy AI can sell well beyond its home market. Most of AIQ's revenue still comes from the UAE. Chief executive Dennis Jol said in September that about 5 percent of the company's business came from overseas customers.

Genesis was announced in September and formally launched at Adipec last week. It is designed to manage work such as production monitoring, detecting equipment faults and scheduling maintenance, linking tasks that in many oil and gas companies run on separate systems.

AIQ already operates in eight countries outside the UAE, including Kuwait, Egypt, Colombia and Vietnam. In September it announced a deal to supply 1 million cameras to an Indian oil and gas conglomerate it did not name, for use in refineries, fuel stations and shops. Its customers include the US oilfield services companies SLB and Baker Hughes.

Penubarthi said AIQ wants to expand its work with an oil company in Kazakhstan, where trials of its technology have been completed successfully. He said the company is working toward a larger contract there now that it has shown the customer what the technology can do. AIQ also expects to grow in Southeast Asia next year, including Malaysia.

He called 2027 a "key year" for the company because several pilot projects run in 2026 are due to be scaled up.

AIQ was set up in 2020 as a joint venture between the Abu Dhabi National Oil Company and Presight AI, the listed analytics company within G42. Its biggest single customer is its parent. In March 2025 AIQ signed a $340 million agreement to deploy its agentic AI across ADNOC's operations, a deal that has served as a large-scale showcase for the technology it now wants to sell abroad.

Penubarthi did not name the US companies AIQ is talking to or say how large any contracts might be. Pilots due to be scaled up next year, along with the Kazakhstan contract, are the nearest tests of whether the overseas share of AIQ's business can grow from its current 5 percent.