SLB and TotalEnergies have announced a 10-year partnership to facilitate better performance and energy efficiency.
The partnership establishes a flexible framework for companies to collaborate on tackling key challenges in the energy value chain, including carbon capture, utilization, and sequestration (CCUS).
The partnership will initially focus on subsurface digital solutions for reservoir engineering and geoscience modeling, utilizing Delfi on-demand reservoir simulation and AI for automation.
The strategy is in line with Open Group’s OSDU Technical Standard. The co-development will benefit TotalEnergies’ global operations and SLB’s worldwide customer base.
“Collaboration and knowledge sharing are key for our industry to continuously develop more effective ways of unlocking energy access,” said Rakesh Jaggi, President, Digital & Integration Business, SLB.
“Through this digital partnership we will develop cutting-edge next-generation software, digital applications and new algorithms applied to geoscience. Thanks to these innovative modeling technologies, we will not only be better able to utilize the analyses of geological reservoirs and basins in the Oil & Gas sector to reduce emissions but also to make further progress in geological carbon storage,” said Namita Shah, President, OneTech, TotalEnergies.