According to a recent report by the National Business Institute on the role of gas in South Africa, liquefied natural gas (LNG) is an important part of our transition away from emissions-heavy fossil fuels–only if it’s affordably supplied. The report argues in favor of importing gas, suggesting the exploration and development of domestic gas fields is too complex and capital-intensive. Until now.
Renergen and Deep Learning Café have partnered to address this issue. A producer of helium and LNG, Renergen understands the costs associated with gas exploration and development. They are working with Deep Learning Café, a Google Partner and solutions company that uses artificial intelligence (AI) to empower brands to use their business data to be operationally efficient.
According to Khalid Patel, head of exploration at Renergen Limited, the search for any natural resource deposit almost always entails significant capital expenditure upfront. It also incurs a risk. While conventional methods are proven to find resources and estimate their quantities, there is always a risk that your time and money will bear little fruit.
This story is from the December 2022 - January 2023 edition of Forbes Africa.
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This story is from the December 2022 - January 2023 edition of Forbes Africa.
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