MIL-OSI Russia: Digital revolution opens a new era in the development of the oil and gas industry – Sechin

Translation. Region: Russian Federal

Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

The digital revolution is opening a new era in the development of the oil and gas industry, said Rosneft Chief Executive Officer Igor Sechin at the Energy Panel at the XXVIII St. Petersburg International Economic Forum.

“The digital revolution is opening a new era in the development of the oil and gas industry, including impacting exploration, production, oil refining, data storage and cybersecurity of the industry,” Sechin said during his keynote speech.

He cited expert estimates as an example, according to which the market for artificial intelligence technologies in the oil and gas industry will grow by 83% by 2030. Currently, 49% of this market is in the refining segment. It is expected that the implementation of artificial intelligence in the exploration and production segment will grow by 14% per year in the next five years, the head of Rosneft noted.

Department of Information and Advertising of PJSC NK Rosneft June 21, 2025

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