ENERZAi is a Korean startup that provides AI-based solutions for the energy sector. They focus on the inefficiency problem during drilling. The cost of drilling costs hundreds of millions of dollars. Therefore ENERZAi is developing an autonomous drilling system for better efficiency and safety. Their aim for 2022 is to become a global leading energy company based on AI technology. ENERZAi is currently discussing collaboration with government-funded research institutes and drilling players and is planning to promote field tests.

“We plan to interpret oilfield data based on machine learning algorithms to suggest optimum parameters which could eventually minimize inefficiency. These parameters will then be applied to the autonomous drilling system, which is expected to reduce drilling costs and casualty accidents. Our goal is to become a global leading energy company based on AI technology,” said the CEO of ENERZAi, Chang Han-him.