Weatherford partners with Abu Dhabi-based AI company to boost efficiency

eyes on ai

Weatherford International has partnered with Abu Dhabi-based AIQ to scale processes and boost efficiency with the use of AI. Photo via Getty Images

Houston-headquartered oilfield service company Weatherford International announced a strategic Memorandum of Understanding (MOU) with AIQ, an Abu Dhabi-based artificial intelligence company, to develop innovative solutions for the energy sector.

"We are excited to partner with AIQ to bring innovative, AI-driven solutions to the oil and gas industry,” Girish Saligram, president and CEO of Weatherford, said in a news release. “This strategic partnership allows us to deliver cutting-edge technologies that empower our customers to maximize their operational efficiency, enhance automation, and reduce costs. By combining our strengths, we are leading the way in helping operators modernize their workflows and achieve greater success in today's rapidly evolving energy landscape.”

The collaboration aims to use Weatherford's software and hardware solutions with AIQ's AI-driven systems. Weatherford and AIQ hope this union will significantly enhance operational efficiency across global oil and gas facilities, help operators to optimize their production workflows and reduce downtime.

The companies have developed the new Modern Edge Integration, which will combine AIQ's AI technology with Weatherford's Modern Edge program. It will enable operators to scale their work processes.

In addition, Weatherford's Universal Normalizer will work with AIQ's capabilities to combine operational and financial analysis. Customers will also now be able to procure software needs via a comprehensive industrial SaaS platform with the WFRD Software Launchpad, which can eliminate the issues associated with managing multiple systems and vendors, and provide a single point of access for all Weatherford and partner-built applications.

"This partnership marks another step in AIQ's mission to build partnerships that accelerate the deployment of impactful AI systems across the energy value chain,” Magzhan Kenesbai, Acting Managing Director of AIQ, said in a news release. “By integrating our advanced AI-driven tools with Weatherford's energy-specific technology, we are driving greater efficiencies to the industry through the development of scalable, automated applications. Together, we are set to empower operators to optimize their workflows, reduce downtime, and achieve unparalleled operational excellence.”

From Your Site Articles

Weatherford and Honeywell announced the partnership that will combine Honeywell's emissions management suite with Weatherford's technology. Photo via Getty Images

Honeywell, Weatherford partner on emissions management for energy industry

team work

Two major corporations have teamed up to provide a comprehensive emissions management solution that should have an impact on the energy transition.

Houston-based Weatherford and North Carolina-based Honeywell, which has a significant presence in Houston, announced the partnership that will combine Honeywell's emissions management suite with Weatherford's Cygnet SCADA platform.

Customers will be able to use the new tool "to monitor, report, and take measures to help reduce greenhouse gas emissions, flammable hydrocarbons, and other potentially dangerous and toxic gases," per a news release.

"Through this collaboration with Honeywell, we have built an alliance that further bridges the gap between technological excellence and environmental stewardship," Girish Saligram, president and CEO of Weatherford, says in the release. "Together, our transformative offering provides cutting-edge tools and actionable data to help customers reach their sustainability goals with confidence and efficiency."

The combined platform will provide upstream oil and gas operators a way to access emissions data in near real-time to better make business decisions on potential issues and meeting regulatory requirements. Additionally, the software should equip users with ways to improve efforts to reach environmental goals.

Honeywell's partnership with Weatherford highlights the importance of empowering organizations with solutions that can help quantify and reduce emissions within the energy industry," Pramesh Maheshwari, president of Honeywell Process Solutions, adds. "By integrating our emissions management solution with Weatherford's well lifecycle technology, our customers can now accurately set targets and monitor near real-time progress on their path to net-zero."

Last fall, a Houston-based unit of industrial conglomerate Honeywell unveiled a gas meter capable of measuring both hydrogen and natural gas. Honeywell’s European launch follows a Dutch test of the EI5 smart gas meter, which the company touts as the world’s first commercially available hydrogen-ready gas meter.

A Houston-based SPAC run by the former Weatherford CEO has agreed to merge with a company that's sustainably producing a material required by several energy transition technologies. Photo via Getty Images

Former Houston energy services CEO's SPAC announces $700M merger with energy transition materials company

M&A moves

Houston-based Pyrophyte Acquisition Corp., a “blank check” SPAC, plans to merge with Canadian quartz silica producer Sio Silica Corp. in a deal valued at more than $700 million.

The companies say the deal carries an enterprise value of $708 million and an equity value of $758 million.

Sio is sitting on a potential supply of 15.2 billion metric tons of high-purity quartz silica, a material needed to produce energy transition technologies such as photovoltaics, solar panels, semiconductors, batteries, and other electronics. Proceeds from the merger will be earmarked for construction of the first phase of Sio’s silica extraction and processing facility near Winnipeg, Manitoba.

“We searched long and hard for the right candidate to combine with Pyrophyte and its energy transition mission. Sio fulfilled all our criteria,” Bernard Duroc-Danner, chairman of Pyrophyte, says in a news release. “We are proud to join Sio on its journey to supply what is becoming in many countries around the world one of the most important strategic minerals for the world’s energy transition.”

In 2021, Pyrophyte’s stock began trading on the New York Stock Exchange in an IPO valued at $201.25 million. Since then, it’s solely been a special purpose acquisition company (SPAC) without any business operations. Typically, a SPAC aims to acquire or merge with a private company that boasts a promising business model.

Duroc-Danner is former chairman, president, and CEO of Houston-based oilfield equipment and services company Weatherford International Ltd.

Calgary, Alberta-based Sio says high-purity quartz silica will represent a $30 billion global market opportunity by 2030. Among the products that rely on silica are semiconductors, solar panels, photovoltaic (solar) cells, optical fibers, and batteries.

Once the deal closes, the combined company will operate as Sio Silica Inc., whose stock will be traded on the New York Stock Exchange. Sio’s CEO, Feisal Somji, will lead the newly formed company.

The deal has been approved by Sio’s and Pyrophyte’s boards but still must be endorsed by the companies’ shareholders.

Ad Placement 300x100

Ad Placement 300x600

CultureMap Emails are Awesome

Property Showcase

Nominate Houston's energy trailblazers for the 2025 Innovation Awards

Awards Season

Calling all Houston energy innovators: The Houston Innovation Awards return this fall to celebrate the best and brightest in the Houston innovation ecosystem, and that includes those leading the energy transition.

Presented by InnovationMap, the fifth annual Houston Innovation Awards will take place November 5 at TMC Helix Park.

The awards program will honor the top startups and innovators in Houston across 10 categories, and we're asking you to nominate the most deserving Houston innovators and innovative companies, including those in the energy transition sector.

This year's categories are:

Minority-founded Business, honoring an innovative startup founded or co-founded by BIPOC or LGBTQ+ representation.
Female-founded Business, honoring an innovative startup founded or co-founded by a woman.
Energy Transition Business, honoring an innovative startup providing a solution within renewables, climatetech, clean energy, alternative materials, circular economy, and beyond.
Health Tech Business, honoring an innovative startup within the health and medical technology sectors.
Deep Tech Business, honoring an innovative startup providing technology solutions based on substantial scientific or engineering challenges, including those in the AI, robotics, and space sectors.
Startup of the Year (People's Choice), honoring a startup celebrating a recent milestone or success. The winner will be selected by the community via an interactive voting experience.
Scaleup of the Year, honoring an innovative later-stage startup that's recently reached a significant milestone in company growth.
Incubator/Accelerator of the Year, honoring a local incubator or accelerator that is championing and fueling the growth of Houston startups.
Mentor of the Year, honoring an individual who dedicates their time and expertise to guide and support budding entrepreneurs.
Trailblazer, honoring an innovator who's made a lasting impact on the Houston innovation community.

Nominations may be made on behalf of yourself, your organization, and other leaders and institutions in the local innovation scene. The nomination period closes on August 31, so don't delay — nominate today at this link, or fill out the embedded form below.

A panel of esteemed judges will review the nominations, and determine the finalists and winners. Finalists will be unveiled on InnovationMap.com on September 30, and the 2025 Houston Innovation Awards winners will be announced live at an event on November 5.

Tickets will go on sale this fall. Stay tuned for that announcement.

Interested in Innovation Awards sponsorship opportunities? Please contact sales@innovationmap.com.

Texas solar project strikes deal with Meta and more energy news to know

Hot Topics

Editor's note: We're looking back at the top trending energy transition news from the first half of August. Enbridge and Meta strike a deal, a Houston startup raises pre-seed funds, an innovative recycling support center breaks ground, and more. Here are the five most-read stories on EnergyCapitalHTX from August 1-15:

1. Enbridge's new Texas solar project to power Meta data centers

Meta has agreed to purchase 100 percent of the power generated by Enbridge's $900 million solar project near San Antonio. Photo via Getty Images.

Construction is underway on a new 600-megawatt solar project in Texas that will supply renewable energy to Meta Platforms Inc., the owner of Facebook, Instagram and other tech platforms. Calgary-based Enbridge Inc., whose gas transmission and midstream operations are based in Houston, announced that Meta has agreed to purchase 100 percent of the power generated by its new $900 million solar project known as Clear Fork. Continue reading.

2. Houston clean-chemicals startup Solidec raises $2M to scale tech

Houston-based Solidec has closed an oversubscribed pre-seed round led by New Climate Ventures. Photo courtesy Greentown Labs.

Solidec, a Houston startup that specializes in manufacturing “clean” chemicals, has raised more than $2 million in pre-seed funding. Houston-based New Climate Ventures led the oversubscribed pre-seed round, with participation from Plug and Play Ventures, Ecosphere Ventures, the Collaborative Fund, Safar Partners, Echo River Capital and Semilla Climate Capital, among other investors. Continue reading.

3. Houston-area logistics co. breaks ground on recycling center tied to circularity hub

Chambers County has helped fund a new recycling support center in Mont Belvieu that will process post-consumer plastic materials. Photo via Getty Images.

TALKE USA Inc., a Houston-area arm of German logistics company TALKE, broke ground on its new Recycling Support Center in Mont Belvieu August 1. The facility will process post-consumer plastic materials, which will then be further processed at Cyclyx's new Houston-based Circularity Center, a first-of-its-kind plastic waste sorting and processing facility that was developed through a joint venture between Cyclix, ExxonMobil and LyondellBasell. The materials will ultimately be converted into recycling feedstock. Continue reading.

4. Japanese energy tech manufacturer officially relocates U.S. HQ to Houston

TMEIC Corporation Americas has moved its U.S. headquarters to Houston. Photo via tmeic.com

TMEIC Corporation Americas has officially relocated its headquarters from Roanoke, Virginia, to Houston. TMEIC Corporation Americas, a group company of Japan-based TMEIC Corporation Japan, recently inaugurated its new space in the Energy Corridor. The new HQ occupies the 10th floor at 1080 Eldridge Parkway. The company first announced the move last summer. Continue reading.

5. Energy experts: Executive order enhances federal permitting for AI data centers

A new EO could streamline regulatory burdens for the development of data centers supporting AI. Getty Images

In an effort to accelerate the development of artificial intelligence, President Trump signed an executive order (EO) aimed at expediting the federal permitting process for data centers, particularly those supporting AI inference, training, simulation, or synthetic data generation. The EO seeks to streamline regulatory burdens and utilize federal resources to encourage the development of data centers supporting AI, as well as the physical components and energy infrastructure needed to construct and provide power to these data centers. Continue reading.

UH launches latest micro-credential program focused on energy risks

coming soon

UH Energy at the University of Houston will launch a new micro-credential program this fall focused on risks associated with today's changing energy landscape.

The new self-paced, hybrid program, known as Managing Non-Technical Risks in Energy, is geared towards energy professionals and those who aspire to work in the industry. Enrollment must be completed by Sept. 15 to participate.

According to UH, it will equip participants with "tools, strategies, and real-world insights needed to lead confidently" as they face pressure to meet increased energy demand while also operating under sustainable guidelines.

The program will be led by expert instructors, including:

Suryanarayanan Radhakrishnan, Managing Director of UH Energy
Amy Mifflin, Principal Consultant and Partner at Sustrio Inc.
Chris Angelides, Honorary Consul of The Republic of Cyprus to Texas, Managing Director at Ernst & Young LLP
Carolina Ortega, Vice President, Sustainability and Communications at Milestone Environmental Services
Krish (Ravi) Ravishankar, Senior Director ESG Analytics & Reporting, Sustainability, Worldwide Environmental Affairs at Oxy

Participants can earn up to three "badges" through the program. Each badge consists of two modules, which can be completed virtually and take about 10 hours to complete over four weeks.

Each module will also include one in-person engagement session that will last about two hours.

The three badges include:

Badge 1: Managing Environmental and Social Risks and Impacts
Badge 2: Frameworks, Standards, and Implementation
Badge 3: Advanced Applications

Badges can be earned individually or as a series of three, and participants must complete assessments to earn each badge.

Badge 1 Module 1 will start on Sept. 15, followed by Badge 1 Module 2 on Oct. 20. Find more information here.

View All Listings

ENERGYCAPITALHTX EMAILS ARE AWESOME