WRFM

  • Iranian AI for global oil industry

    Iranian AI for global oil industry

    SHANA (Tehran) – Pasargad Energy Development Company (PEDC) has leveraged artificial intelligence to launch a localized platform for integrated well, reservoir, and surface facility management, as well as the oil industry’s first upstream AI assistant (UIA) based on large language models (LLMs). These innovations have significantly reduced search times and streamlined experts’ access to technical knowledge.

  • WRFM to Help Prevent Oil Output Fall-Off

    WRFM to Help Prevent Oil Output Fall-Off

    SHANA (Tehran) – Artificial Intelligence (AI) is being widely used in the petroleum industry mainly due to the complicated nature and high costs of the industry, particularly in the processes of exploration, production, and operation.

  • Iranian E&P companies fully developed in oil projects implementation

    Deputy minister:

    Iranian E&P companies fully developed in oil projects implementation

    SHANA (Tehran) – The deputy minister of oil for research and technology stated that the efforts launched eight years ago to develop Iranian exploration and production (E&P) companies have now come to fruition, as he expressed hope for the active participation of capable Iranian companies in oil projects.

  • Iran’s first center of WRFM inaugurated

    Iran’s first center of WRFM inaugurated

    SHANA (Tehran) – The first simultaneous, real-time center for Wells Reservoir and Facility Management (WRFM) in Iran was launched on Tuesday with an investment of $10 million in its first phase.