-Partnership will accelerate the adoption of advanced technologies for predictive maintenance to increase efficiencies, improve workplace safety and reduce carbon emissions -Multi-year agreement demonstrates ADNOC’s commitment towards Net-Zero by 2045 and reinforces its role as a responsible global energy leader

Gecko Robotics and Al Masaood Energy today announced a multi-year contract with ADNOC Gas, an integrated gas processing company and a subsidiary of Abu Dhabi National Oil Company (ADNOC), one of the world's largest integrated energy companies. The contract, with an estimated ceiling of $30 Million dollars, will see the utilization of Gecko's industry-leading robots and AI-powered data platform across ADNOC Gas sites facilitating predictive maintenance to increase efficiencies, reduce downtime and CO2 emissions, while also maintaining HSE best practice for the safety of its employees and contractors.

"ADNOC and the UAE are at the forefront of using Industry 4.0 tools to boost efficiency and decrease their carbon footprint - and the world is noticing," said Jake Loosararian, co-founder and CEO of Gecko Robotics. "His Excellency Dr. Sultan al-Jabar's leadership on the world stage at COP28 speaks to ADNOC's commitment to using new technology to reduce carbon emissions and Gecko is proud to enlist our robots and software to that cause. Great things are happening in the UAE and we're excited to continue to increase our footprint as part of the NextGenFDI initiative."

Gecko's wall-climbing robots use specially designed sensor payloads that build sophisticated digital maps of critical assets. Gecko software platform, Cantilever, takes that data and combines it with operational data to allow for precision repairs and preventive maintenance. Many companies and government agencies use Gecko's software to extend the lifespan and efficiency of critical infrastructure, including power plants, oil refineries, manufacturing facilities, and other assets.

"The partnership between Gecko and Al Masaood Energy serves as a compelling demonstration of how cutting-edge technologies can be instrumental in realizing the nation's ambitious net zero objectives" said Ahmad El Tannir, General Manager of Al Masaood Energy.

The work also includes a new model for predictive maintenance that allows for inspections of some critical assets to happen while they are on-line.

During the initial pilot phase of the partnership, studies indicated that Gecko's solutions were found to increase coverage of assets by 99.6% and increase efficiency by more than 93% over manual processes. The lack of scaffolding, a key part of the manual inspection process, was also projected to reduce Lost Time Injury (LTI) rates by 33%.

Gecko's advanced data collection and analysis capabilities have also been shown to decrease carbon emissions in partnership with customers. A recent third-party study carried out by Rho Impact, found that the increased digitization of assets across the oil and gas industry could reduce carbon emissions by 556 Million metric tons per year - the equivalent of twice the annual CO2 emissions of the United Arab Emirates.

The partnership with ADNOC Gas and Al Masaood Energy comes after Gecko Robotics announced the opening of its new international headquarters in the UAE under the Ministry of Economy's NextGenFDI program which was launched to attract innovative solutions providers in the technology space to establish and scale operations within the UAE.

About Gecko Robotics

Gecko Robotics helps the world's most important organizations build, operate and maintain their most critical physical assets. Gecko's robots capture integrity data at previously unheard-of scale and fidelity, climbing pipelines, boilers, tanks, ship hulls, and much more. Gecko's AI-powered software platform, Cantilever, contextualizes that data and translates it into action. By bringing together data layers that were not previously possible, Cantilever is driving important decisions for customers that increase uptime, decrease costs, and eliminate safety issues.

About Al Masaood Energy

Founded in 1971, Al Masaood Energy is one of the first established oil and gas suppliers and contractors in the UAE. With 50 years of expertise in upstream and downstream operations and a workforce of over 1000 headcounts, Al Masaood Energy provides advanced energy services throughout the UAE, the Middle East, North Africa, the Eastern Mediterranean and South Asia. Al Masaood Energy is an autonomous member of Al Masaood Group.