Business · India Bureau
UAE energy tech firm AIQ enters Indian oil, gas sector with major deal
Abu Dhabi National Oil Company-backed AIQ has secured a partnership to deploy its technology across refineries, petrol pumps and retail outlets of a major Indian energy conglomerate, marking the firm's expansion into South Asia's energy markets.
LSN India ·
AIQ, which counts the Abu Dhabi National Oil Company (Adnoc) among its backers, has clinched a significant contract to integrate its digital solutions across the operations of a leading Indian oil and gas enterprise. The technology deployment will span the company's refining facilities, retail fuel distribution network and e-commerce platforms, positioning AIQ to tap into India's sprawling energy infrastructure.
The partnership underscores growing interest among Gulf-based energy technology firms to establish footholds in India's massive oil and gas sector. With refining capacity spread across multiple states and thousands of retail outlets, Indian energy majors are increasingly adopting digital solutions to enhance operational efficiency and customer engagement.
AIQ's entry into the Indian market comes as regional energy firms seek to modernise their downstream operations and compete in an increasingly digital marketplace. The deal signals confidence in the capability of Adnoc-backed technology platforms to address the complex needs of large-scale energy operations in South Asia.
Details regarding the financial terms of the arrangement and the specific timeline for technology rollout were not disclosed. The partnership represents a strategic move for AIQ to establish itself as a technology provider beyond the Gulf Cooperation Council region.