Russia is leading Artificial intelligence in the Oilfield

eDrilling has announced that it has signed a contract with Gazpromneft-Yamal, a Gazprom Neft subsidiary, for the use of eDrilling’s software to optimize its drilling operations in the Tyumen region.

According to data from PriceWaterhouseCoopers, 74 percent or Russian companies plan to invest in AI in the next three years. What policy is Gazprom Neft pursuing here? – https://www.worldoil.com

— We’re developing our own software products as one of the areas of our Technology Strategy — that is, our ERA initiative (abbreviated from the Russian “электронная разработка активов) — Electronic Asset Development. We started doing this in 2012, before anyone was talking about digital transformation. – https://www.gazprom-neft.com

Gazprom Neft and ICS Holding have concluded a preliminary agreement to create a joint venture to support digital transformation in the oil and gas industry.

The agreement was signed at the St Petersburg International Economic Forum by Andrey Belevtsev, chief digital officer at Gazprom Neft, and Igor Gorkov, CEO at Peter-Service.

The two companies will work together to tackle challenges in the sector, using contemporary artificial intelligence (AI) systems and advanced data processing algorithms to support management decisions – http://www.oilreviewmiddleeast.com

Leave a Reply