Artificial Intelligence

Gazprom Neft, Innopolis University, and Nedra Digital will develop a digital system for geomechanical modeling of oil and gas fields. The innovative platform based on artificial intelligence will assist in subsurface research and the selection of optimal tools for field development. Geomechanical modeling is one of the key stages in …

Russneft will continue active development this year of the uniquely complex Vostochno-Kamennoe field located in Western Siberia, said company CEO Evgeny Tolochok at the annual shareholders meeting. “Russneft has entered the active phase of industrial development of the uniquely complex greenfield – the Vostochno-Kamennoe field. We have drilled new wells …

Rosneft continues its digital transformation of the oil and gas industry, taking work with geological data to a qualitatively new level. Specialists at the company’s Tyumen research institute have developed and implemented a service based on large language models (LLM) to automate the analysis of lithological core descriptions. The digital …

The global investment needs in the oil production sector until 2050 are estimated at $17.4 trillion, stated Haitham Al Ghais, Secretary General of OPEC. “Hydrocarbons still account for 80% of today’s energy mix, just as they did in the 1980s. (…) Today, the world continues to consume more and more …

The total oil reserves of Tatneft amount to 10.5 billion tonnes. At the current production level, the company’s resources are sufficient for more than 200 years.This was stated by Nail Maganov, General Director of the company, during a shareholders’ meeting. It was clarified that out of the total oil resources …

The Rosneft Research Institute in Ufa hosted a large-scale scientific and technical conference titled “Innovative Technologies in Hydrocarbon Production” as part of the Russian Oil and Gas Chemical Forum. The conference brought together over 700 experts from leading oil industry companies representing 40 cities across Russia. More than 200 presentations …

Bashneft, a subsidiary of Rosneft Oil Company, has integrated 8,100 oil wells into its Digital Oilfield information system. This represents over 70 percent of the company’s total operational well stock in the Republic of Bashkortostan. The system’s advanced solutions—used for the first time at such scale in the oil and …

Abu Dhabi National Oil Company ADNOC has announced that its Satah Al Razboot offshore field has increased production capacity by 25%, to 140,000 b/d of oil, through the introduction of advanced digital technologies. ADNOC‘s goal is to increase production capacity to 5 million b/d of oil by 2027. The Satah …

The National Oil Company Abu-Dabi Adnoc announced the deployment of Robowell, an innovative solution of artificial intelligence AIQ for autonomous control of wells in its operations at the offshore NASR field. This is the world’s first offshore deployment of Robowell. Robowell uses the AI ​​cloud algorithms for autonomous operation of …

SLB and TotalEnergies announced a 10-year partnership to co-develop scalable digital solutions for enabling access to energy resources, with improved performance and efficiency. The partnership establishes a flexible framework for the companies to work together on addressing key challenges across the energy value chain, including carbon capture, utilization, and sequestration …