Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Growth stocks coverage continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Growth stocks coverage continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Growth stocks coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Growth stocks coverage continues on .com
Go to Proactive UK

Energy

TotalEnergies SE TTE View profile

TotalEnergies strikes oil exploration partnership with French AI firm Mistral

A worker in an orange jumpsuit and hard hat observes an offshore oil drilling rig from a distance. The clear blue sky and calm sea create a serene backdrop for the industrial scene.

TotalEnergies has agreed a three-year joint programme with Mistral, the European artificial intelligence developer, committing more than €100 million to build AI models aimed at its geosciences and reservoir engineering teams.

The energy major, which produces and markets oil, gas, biofuels and low-carbon power across around 120 countries, said the models will draw on nearly 10 petaflops of data alongside almost a century of subsurface expertise.

The two companies will set up a joint scientific laboratory, pairing TotalEnergies' subsurface know-how with Mistral's technology to build tools tailored to exploration and reservoir development.

The stated aim is to generate multiple development scenarios for new exploration opportunities and to extend the life of existing projects.

TotalEnergies said the tie-up keeps its proprietary models and strategic subsurface data within a European digital ecosystem, while helping Mistral scale as a European AI champion.

"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," said Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies.

Mistral co-founder and CEO Arthur Mensch said the project shows the ability of its models to "adapt to the most demanding scientific and energy challenges" while protecting client intellectual property.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Growth stocks coverage continues on .com
Go to Proactive UK