Stavanger Section

SPE TechNight - Generative AI for Oil and Gas Companies

During this SPE Technight, we will have a short Annual General Meeting presentation to present new development in the SPE Stavanger Section and to show the current accounts for the organisation. Generative AI for Oil and Gas Companies By Martin Bennetzen | zitilite | CEO and founder Abstract: The adoption of generative AI offers oil and gas companies significant potential to enhance productivity, reduce costs, and boost innovation throughout their value chain. Stavanger-based zitilite has worked on AI implementation with several oil and gas companies across Norway, Denmark, and UAE, and will share practical examples of AI use cases from diverse business functions - from subsurface, technical and operational to financial, support, and administrative areas. The session will present different AI tools optimized for specific tasks, along with key considerations for their effective use. Martin Bennetzen, CEO of zitilite, will present a practical approach to AI, emphasizing that value comes from using the right AI tool for the right task in the right way. Real results come from practical use and implementation of AI, not visionary shiny PowerPoints! The session will include several hands-on live demos of using generative AI tools. . Biography: Martin Bennetzen is the CEO and founder of zitilite, an AI company. He holds an MSc and PhD from the University of Southern Denmark. His oil and gas industry experience includes roles as Senior Reservoir Engineer and EOR Team Lead at Maersk Oil in Qatar and Copenhagen, and R&D Manager at Resman Wireless Reservoir Surveillance. He then moved into management consulting, including working as Senior Manager and Director in Deloitte and Accenture. In 2023, he founded zitilite in Stavanger that helps companies leverage generative AI in their day-to-day work and business operations. Martin has a passion for football and coaches two local teams at FK Vidar. He holds a UEFA C coach license and two certifications from FC Barcelona in football tactical analytics using big data analytics.

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