Artificial intelligence could unlock approximately USD 230 billion in annual value across the global upstream oil and gas sector as the technology matures and autonomous operating modes become more common, according to a report by McKinsey & Company.

AI could unlock $230 billion annually in upstream oil and gas at full potential, with $65 billion available in the near term, McKinsey said.

Artificial intelligence could unlock approximately USD 230 billion in annual value across the global upstream oil and gas sector as the technology matures and autonomous operating…