Saturday, July 6, 2024

SLB and TotalEnergies announce 10-year partnership to collaborate on next-generation digital solutions

SLB and TotalEnergies announced a 10-year partnership to jointly develop scalable digital solutions to enable access to energy resources with improved performance and efficiency. The partnership creates a flexible framework for the companies to work together to address key challenges across the energy value chain, including Carbon Capture, Utilization and Sequestration (CCUS).

The companies will integrate advanced digital capabilities, including artificial intelligence (AI) with new and existing applications on SLB’s Open Group OSDU ® Technical Standard compliant and extensible Delfi™ digital platform. SLB and TotalEnergies will combine digital and domain-specific expertise to accelerate the development and deployment of digital solutions at scale. The joint development will benefit TotalEnergies’ global operations and SLB’s worldwide customer base.

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“ Collaboration and knowledge sharing are critical for our industry to continually develop more effective ways to unlock energy access,” said Rakesh Jaggi, President of SLB‘s Digital & Integration Business. “ Through this visionary partnership, we are combining the know-how and expertise of both companies to accelerate the delivery of new digital capabilities that benefit the entire industry.”

The initial focus of the partnership is on digital subsurface solutions for reservoir engineering and geoscience modeling and interpretation using Delfi™ ODRS (On Demand Reservoir Simulation). These processes will be accelerated and automated using AI and real-world insights from both companies.

“ Through this digital partnership, we will develop next-generation, technology-leading software, digital applications and new algorithms for geoscience applications. These innovative modeling technologies will not only better enable us to leverage geological reservoir and basin analytics in the oil and gas sector to reduce emissions, but also to make further advances in geological carbon storage,” said Namita Shah, President, OneTech at TotalEnergies.

SOURCE: Businesswire

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