04-07-2024

TotalEnergies to Partner with SLB for a more sustainable energy

TotalEnergies and SLB join forces to develop innovative subsurface digital solutions and contribute to a more sustainable hydrocarbon production and the implementation of TotalEnergies’ “More energy, less emissions, more value” strategy.

Digital innovation for a more sustainable energy

Combining their many years of operational expertise and their software development capabilities, the teams at TotalEnergies and SLB will jointly develop next-generation software available in the cloud.

These new digital tools will improve modeling of the subsurface to optimise production and make it more responsible. They will also leverage the potential of the data collected, through IA, for the purposes of reducing existing fields’ carbon intensity and meeting new needs in geological carbon storage.

The new software will build on the earlier efforts of both partners with Intersect, a latest-generation reservoir simulator.

Bespoke and competitive solarization of SLB’s industrial sites

TotalEnergies’ teams are also supporting SLB by solarising its industrial sites worldwide, through agreements signed in Oman, the United Arab Emirates, and Japan, allowing TotalEnergies to support SLB’s energy transition with bespoke and competitive solutions that come with the guarantee of price visibility, while limiting its carbon footprint.

“We are delighted to develop our multi-energy partnerships with SLB through solarization of SLB’s industrial sites and digital innovation that will allow us to develop cutting-edge next-generation software, digital applications and new algorithms applied to geoscience. Thanks to these innovative modeling technologies, we will better utilise the analyses of geological reservoirs and basins in the Oil & Gas sector to reduce emissions and we will progress in geological carbon storage,” said Namita Shah, President, OneTech at TotalEnergies.

“Collaboration and knowledge sharing are key for our industry to continuously develop more effective ways of unlocking energy access,” said Rakesh Jaggi, President of SLB’s Digital & Integration business. “With this visionary partnership, we’re combining the know-how and expertise of both companies to accelerate the delivery of new digital capabilities that will benefit the whole industry.”