• 30-OCT-2014

  • SOURCE: IBM

Repsol and IBM Transform the Oil Industry

Scientists at IBM and leading global energy company Repsol S.A. announced today the world's first research collaboration to leverage cognitive technologies that will help transform the oil and gas industry. IBM and Repsol are jointly developing two prototype cognitive applications specifically designed to augment Repsol's strategic decision making in the optimization of oil reservoir production and in the acquisition of new oil fields.