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SLB (NYSE:SLB) and TotalEnergies (TTE) unveiled a 10-year partnership Tuesday to co-develop scalable digital solutions for enabling access to energy resources, establishing a framework to work together on addressing key challenges across the energy value chain, including carbon capture, utilization and sequestration.
The companies said they will integrate advanced digital capabilities, including artificial intelligence, with new and existing applications on SLB’s (SLB) Delfi digital platform, and combine digital and domain expertise to accelerate the development and deployment of digital solutions at scale.
The partnership will focus initially on subsurface digital solutions for reservoir engineering and geoscience modeling and interpretation, leveraging Delfi on-demand reservoir simulation.
“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 and gas sector to reduce emissions but also to make further progress in geological carbon storage,” TotalEnergies (TTE) executive Namita Shah said.