Nerval's Lobster writes: "French oil conglomerate Total has inaugurated the world’s ninth-most-powerful supercomputer, Panega. Its purpose: seek out new reservoirs of oil and gas. The supercomputer’s total output is 2.3 gigaflops, which should place it about ninth on today’s TOP500 list, last updated in November. The announcement came as Dell and others prepare to inaugurate a new supercomputer, Stampede, in Texas on March 27. What’s noteworthy about Pangea, however, is that it will be the most powerful supercomputer owned and used by private industry; the vast majority of such systems are in use by government agencies and academic institutions. Right now, the most powerful private supercomputer for commercial use is the Hermit supercomputer in Stuttgart; ranked 27th in the world, the 831.4 Tflop machine is a public-private partnership between the University of Stuttgart and hww GmbH. Panega, which will cost 60 million Euro ($77.8 million) over four years, will assist decision-making in the exploration of complex geological areas and to increase the efficiency of hydrocarbon production in compliance with the safety standards and with respect for the environment, Total said. Pangea will be will be stored at Total’s research center in the southwestern French city of Pau."