TotalEnergies to invest over €100M in development of AI models for oil and gas industry

TotalEnergies and Mistral have announced a 3-year joint program representing an investment of more than €100 million aimed at developing a new generation of frontier AI models to support TotalEnergies' geosciences experts in the exploration, characterization and development of oil and gas reservoirs, Report informs referring to TotalEnergies.

This partnership will draw on the latest advances in artificial intelligence, particularly agentic AI, to combine next to 10 petaflops of data with nearly a century of knowledge, know-how and expertise accumulated by TotalEnergies in geosciences and reservoir engineering.

The objective is to develop new frontier models, able to integrate, process and interpret large volumes of data in order to generate multiple scenarios for the development of exploration opportunities, as well as for optimizing and extending the life of existing projects.

TotalEnergies and Mistral will establish a joint scientific laboratory combining the subsurface know-how and expertise of TotalEnergies' subsurface teams with the scientific and technological capabilities of Mistral, a European AI champion, to develop solutions tailored to the specific needs of the Company's businesses.

Through this partnership with Mistral, TotalEnergies is strengthening its AI solutions ecosystem to create proprietary models within a European digital ecosystem. This enables TotalEnergies to leverage its strategic subsurface data and Mistral to further develop as a European AI champion.