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  • Gazprom Neft Without Digital Technologies and AI Would Have Produced Half as Much Oil

    The head of the company Alexander Dyukov noted that the terms of implementation of large projects would be seven to eight years, not three years.

    Gazprom Neft, through the use of digital technologies and artificial intelligence, was able to significantly expand the production potential, as well as increase financial indicators, said the head of the company Alexander Dyukov as part of the St. Petersburg International Economic Forum.

    “If we talk about a conservative assessment of the effect, then for our company without digital technologies, without artificial intelligence, the financial result would be less than 500 billion rubles every year, and maybe more. The terms of implementation of large projects would be seven to eight years, not three years. years, we would produce half the oil, ” he said.

    According to him, capital and operational expenses would be much higher.

    “We would produce 30% less gas from the same volume of oil,” he added.

    Dyukov noted that the company uses digital technologies no less actively than other industries than the banking sector or IT.

    “We use the cost of creating costs throughout the chain, but since our chain is longer and widespread than the banking sector and a larger scale, the effect is more significant,” he added.

    The St. Petersburg International Economic Forum is held from June 5 to 8. The theme of the forum in 2024: “The basis of the multipolar world is the formation of new growth points.” Meetings of SMEs, Creative Business, Youth Day of the PMEF, as well as the forums “Medical Security”, “PMEF Academy” and “PMEF Unior” are planned. Organizer – Foundation Roscongress. TASS is an information partner of the event.

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