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
18 April 2024
The Norwegian energy company is concentrating its efforts on specific regions and assets that meet strict cost and carbon criteria
17 April 2024
Uzbekistan and Kazakhstan provide opportunities after Europe turns it back, while also offering another gateway to China
16 April 2024
Commentators need to shake off the myths of the past, with rising oil prices a boon for US economy
15 April 2024
Though hampered by methane concerns, US LNG has a crucial role to play for European and Asian energy security, US economic needs and the energy transition drive