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SLB, TotalEnergies team up on 10-year partnership to develop scalable digital solutions

The partnership initially will focus on subsurface technology for reservoir engineering, as well as geoscience modeling and interpretation. Photo via totalenergies.com

Houston-based energy tech company SLB has forged a 10-year partnership with French energy company TotalEnergies to develop technology aimed at tackling industry challenges such as carbon capture, utilization, and sequestration (CCUS).

“Collaboration and knowledge sharing are key for our industry to continuously develop more effective ways of unlocking energy access,” Rakesh Jaggi, president of SLB’s digital and integration business, says in a news release. “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.”

The partnership initially will focus on subsurface technology for reservoir engineering, as well as geoscience modeling and interpretation. The subsurface project will feature traditional technology coupled with artificial intelligence (AI).

Namita Shah, president of TotalEnergies’ OneTech business unit, says technology developed with SLB will help the oil and gas sector reduce emissions and dive deeper into geological carbon storage. TotalEnergies’ U.S. headquarters is in Houston.

“Through this digital partnership,” Shah says, “we will develop cutting-edge next-generation software, digital applications, and new algorithms applied to geoscience.”

One day after the digital partnership was announced, SLB said TotalEnergies had awarded a contract to SLB’s OneSubsea joint venture for a 13-well oil project being developed off the shore of Angola by TotalEnergies and two partners. Financial terms weren’t disclosed.

Initial production for the estimated $6 billion deepwater Kaminho project is targeted for 2028, generating up to 70,000 barrels of oil per day. TotalEnergies holds a 40 percent stake in Kaminho.

TotalEnergies owns a number of assets in Texas, including a refinery in Port Arthur. The refinery can produce about 200,000 barrels of oil per day along with low-sulfur fuels.

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A View From HETI

Amperon, Hertha Metals and Vaulted Deep were named to this year's Global Cleantech 100 list. Photo via Getty Images

Three Houston-area companies—Amperon, Hertha Metals and Vaulted Deep—appear on this year’s Global Cleantech 100 list.

The unranked list, generated by market intelligence and advisory firm Cleantech Group, identifies the 100 privately held companies around the world that are most likely to make a significant impact in the cleantech market over the next five to 10 years.

For the 2026 list, Cleantech Group received more than 24,000 Global Cleantech 100 nominations from nearly 60 countries. Cleantech Group scored those companies and narrowed the contenders to 264. An expert panel reviewed those nominees, and the list was whittled down to the 100 winners.

Here’s a rundown of the three Houston-area honorees:

Amperon

Founded in 2018 by Sean Kelly and Abe Stanway, Houston-based Amperon offers an AI-enabled energy forecasting and analytics platform designed to help stabilize electric grids. Amperon received undisclosed amounts of venture capital from National Grid Partners and Tokyo Gas Co. Ltd. last year and announced a recent investment from Samsung Ventures earlier this month.

Hertha Metals

Founded in 2022 by Laureen Meroueh, Conroe-based Hertha Metals provides a single-step process for producing sustainable steel. Last year, the company emerged from stealth mode and raised more than $17 million in venture capital.

Vaulted Deep

Vaulted Deep’s technology injects excess organic waste underground to remove carbon dioxide from the atmosphere. Julia Reichelstein and Omar Abou-Sayed founded the Houston-based company in 2023. Last year, the startup raised $32.3 million in venture capital. Also in 2025, Vaulted Deep signed a 12-year deal with software giant Microsoft to remove up to 4.9 million metric tons of carbon dioxide from the environment.

Vaulted Deep also made the list last year, along with Houston-based Syzygy Plasmonics and Fervo Energy. Fervo was also named the 2025 North American Company of the Year by Cleantech Group.

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