French energy major TotalEnergies and artificial intelligence company Mistral have launched a three-year partnership worth more than €100 million to develop AI models for oil and gas exploration and reservoir engineering.
The program represents an investment of more than €100 million and aims to support TotalEnergies' geoscience experts in the exploration, characterization and development of oil and gas reservoirs.
The partnership will use advances in artificial intelligence, particularly agentic AI, alongside TotalEnergies' extensive geoscience data and nearly a century of expertise in geosciences and reservoir engineering.
The companies aim to develop frontier AI models capable of integrating, processing and interpreting large volumes of data to generate multiple scenarios for exploration opportunities and help optimize and extend the life of existing projects.
As part of the partnership, TotalEnergies and Mistral will establish a joint scientific laboratory combining TotalEnergies' subsurface expertise with Mistral's AI capabilities to develop solutions tailored to the energy company's operations.
TotalEnergies said the partnership would also strengthen its AI ecosystem by allowing it to develop proprietary models within a European digital ecosystem while leveraging its strategic subsurface data.
"Exploration and reservoir engineering are among the areas where artificial intelligence can create the greatest value for our activities," TotalEnergies Chairman and Chief Executive Officer (CEO) Patrick Pouyanne said.
"By combining a century of geoscience data, the expertise of our teams and Mistral’s capabilities, we aim to develop a new generation of tools capable of supporting our experts in analyzing the most complex data and in their decision-making. This partnership also illustrates our commitment to contributing to the development of a high-performing European digital ecosystem, supporting our competitiveness," Pouyanne added.
Mistral co-founder and CEO Arthur Mensch said the project demonstrates the company's ability to apply its AI models to complex industrial processes and demanding scientific and energy challenges.
Mensch said the partnership also highlights the strength of Europe's industrial ecosystem and the importance of customizable AI solutions that protect companies' intellectual property.
By Duygu Alhan
Anadolu Agency
energy@aa.com.tr