Repsol trusts in AI
The company’s upstream digital strategy is increasingly turning to machine-learning and AI capabilities
Spanish operator Repsol’s new strategic plan is a transformation story. It relies on a world-class digital programme that is already rewriting how we operate our businesses. One of the pillars is focusing on creating a data-driven culture, establishing new ways of working and transforming our businesses through the use of AI. Around 60pc of all initiatives in Repsol’s digital programme involve data. One clear example is how we now carry out drilling operations in our exploration business. InWell.ai is a disruptive real-time prescriptive tool for field personnel that was launched earlier this year. This AI-based tool offers real-time guidance recommendations to frontline workers for every act
Also in this section
20 January 2025
The country’s oil and gas giant, KazMunayGas, is pushing ahead with a series of significant international partnerships
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent