TotalEnergies and Mistral AI have embarked on a three-year, $115 million (€100 million) joint venture to build custom artificial intelligence models tailored for the upstream oil and gas sector.
The initiative will merge TotalEnergies’ vast repository of subsurface data and nearly 100 years of geological and reservoir engineering knowledge with Mistral’s advanced AI technologies, including agentic AI. The goal is to design specialized AI models that can process massive amounts of geological data to simulate various exploration scenarios, optimize field development, and prolong the lifespan of active production sites.
To drive this project, the two companies are establishing a joint scientific laboratory where TotalEnergies’ geoscientists will work alongside Mistral’s AI engineers to build proprietary digital tools.
“Exploration and reservoir engineering are prime areas where artificial intelligence can deliver significant value,” said Patrick Pouyanné, Chairman and CEO of TotalEnergies. “By merging our century of geoscience data and team expertise with Mistral’s technology, we want to create next-generation tools that help our specialists analyze complex data and make better decisions.”
This new program deepens an ongoing partnership between the two companies as TotalEnergies continues to integrate AI across its technical and industrial operations.
