Enovate AI and Blu Clarity partner to deliver real-time analytics for upstream oil and gas
(WO) — Enovate AI has announced a strategic partnership with Blu Clarity, an innovator in proactive risk management and well control insurance. This collaboration brings together the latest in AI-powered real-time data analytics with dynamic risk management to revolutionize upstream oil and gas, geothermal and industrial well applications by enhancing operational efficiency, reducing costs and promoting sustainability.
Driving efficiency in risk and operations
Through Enovate AI’s advanced analytics platform, Blu Clarity’s clients will gain real-time, actionable insights into their well operations. This integration will enable businesses to identify and address potential issues before they escalate, significantly improving operational efficiency and minimizing financial loss. Blu Clarity’s proactive risk management approach aligns with Enovate AI’s AI-driven analytics, providing a sustainable, data-driven framework that enhances risk profiles while preventing and mitigating risks.
"This partnership allows us to support what AI can achieve for energy producers," said Camilo Mejia, CEO of Enovate AI. "Combining our real-time analytics with Blu Clarity’s risk management expertise means that we are delivering comprehensive solutions that not only increase efficiencies but also improve sustainability, reduce emissions and lower operational costs."
Sustainable solutions for well control risk
The Enovate AI and Blu Clarity partnership presents a multi-spectrum solution to address well control risk from a variety of angles, including operational, financial, regulatory and sustainability perspectives. By breaking down silos between these areas, the partnership aims to deliver cross-functional value that will enhance decision-making, optimize safety and improve financial performance for clients in the energy sector.
The partnership holds significance in the transition to sustainable energy. By enabling real-time risk management, predictive insights and advanced operational support, Blu Clarity aims to help companies reduce the Total Cost of Risk (TCOR) while boosting Return on Investment (ROI), ultimately creating a more resilient, efficient and sustainable operational model.
"Efficiency-based proactive risk management is at the core of what we do,” said Blu Clarity CEO Pascal Ray. “By partnering with Enovate AI, we are able to offer an integrated solution that delivers value across multiple dimensions, driving sustainable risk solutions while reducing operational costs."
This collaboration leverages real-time AI predictive performance to optimize operations and encourages support from leading insurance stakeholders such as Lloyd's of London, Chubb and Munich Re for the next phase of sustainable energy initiatives.
