Source: 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, Rosneft CEO Igor Sechin said 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 the impact on oil exploration, production, refining, data storage and cybersecurity of the industry,” Sechin said during his keynote speech.
Sechin cited expert estimates that the market for artificial intelligence technologies in the oil and gas industry will grow by 83% by 2030. At the moment, 49% of this market is in the refining segment. It is expected that the introduction of artificial intelligence in the upstream segment will grow by 14% per year over the next five years, said the CEO of Rosneft.
Department of Information and Advertising
Rosneft Oil Company
June 21, 2025
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