We have defined LUKOIL’s next mission in the context of a global energy transformation as a “responsible hydrocarbon producer”. We believe that considering LUKOIL’s competitive advantages, the best we can do is to continue to supply the world economy with the most efficient fossil energy resources, while at the same time focusing on reducing the carbon footprint of their production.Vagit AlekperovPresident, Chairman of the Management Committee of PJSC LUKOIL
30 years of sustainable
In 2018, we launched a programIn 2019, the Board of Directors decided call this program the LUKOIL Group’s Functional Development Program for Information and Technology Support. to further enhance the Company’s automation processes. The main purpose of the program is to boost the efficiency of decision making at all levels: from wellsite operations to integrated planning at the PJSC LUKOIL level. By applying information technology, we can ascertain and prevent a wide range of risks early on, including investment mistakes and the ineffective execution of investment projects, the loss and corruption of data, big data analysis, and poor integration of management processes.
Investment projects have been developed that are currently at different stages of implementation. Most of them are at the pilot stage in Russian entities, and a decision will be made on whether to roll them out in other areas. The Company works on developing end-to-end technologies across all business segments, including in the following areas:
Digital information management and cybersecurity
Operational data analytics
The robotic automation of routine operations
Predictive equipment maintenance and repairs
Health controls and the automation of mobile personnel functions
Intelligent video analysis systems
Digital social interaction and a knowledge-sharing support platform
In 2020, we continued to implement and roll out projects across key business segments.