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Posted By OrePulse
Published: 11 Nov, 2026 11:38

Bapco Energies invests in AI firm Geminus, signs digital twin MoU

Bapco Energies invests in AI firm Geminus, signs digital twin MoU

By: OrePulse

Bapco Energies, Bahrain's state energy holding company, invested an undisclosed sum in Geminus, a Massachusetts-based artificial intelligence company, and signed a three-year memorandum of understanding to develop digital twin technology across its operations, the companies announced on November 9.

The investment was made through BeVentures, Bapco Energies' corporate venture capital arm. Geminus said the deal made BeVentures its first strategic investor from an oil and gas company in the Gulf region, underscoring growing interest among Gulf national energy companies in artificial intelligence and digital optimization tools.

The three-year agreement centered on a shared digital twin: a single platform meant to link data, asset intelligence and AI tools from across Bapco Energies' gas, power and refining operations. The companies said the system was designed to let engineers run scenario analyses and get a clearer, real-time picture of performance across those assets. The agreement built on work Geminus had already carried out applying AI models to Bapco Energies' upstream operations.

Geminus Chief Executive Greg Fallon said the goal was to give Bahrain's gas and power system a continuously updated, data-driven view that would remain domestically owned and operated by local engineers. Financial terms of the investment were not disclosed by either company.

The deal followed an earlier BeVentures investment in Andium, a company that develops methane detection and emissions monitoring technology, made in November 2025. Aramco Ventures and Climate Investment have also invested in Andium, reflecting broader Gulf investor interest in emissions-monitoring and industrial AI startups.

Bapco Energies is Bahrain's state-owned energy holding group, with operations spanning upstream exploration, refining, and distribution. The company's Sitra refinery, which has a capacity of 405,000 barrels per day, was running at more than 80% of capacity in early November, according to industry data cited in reporting on the investment.

The company has been expanding partnerships with technology firms as it looks to apply artificial intelligence and digital modeling tools across its refining and energy infrastructure, part of a broader trend of Gulf national oil companies investing in AI-driven optimization of refining and energy assets.

Geminus, which develops AI-based modeling software for industrial and energy operators, positioned the Bahrain partnership as a step toward expanding its presence among national energy companies in the Gulf region, building on its prior engagement with Bapco Energies' upstream business.

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