(Capcom's primary storyline)
The Montpellier Marine University was a division of the historical University of Montpellier, based near the Mediterranean cost in Southern France. They were responsible for discovering the Abyss virus, which later was modified by TRICELL to create the T-Abyss Virus.
It would appear that this is a representation of the Montpellier 2 University, which deals with core sciences and oceanographical research. One of their research outposts relevant to the in-universe research is their Sète laboratory.