SLB collaborates with Oman to build geothermal development strategy
Jebel Shams, Oman (source: PinkFloydFanSince1986 / flickr, Creative Commons)
Carlo Cariaga
17 Nov 2022
SLB has collaborated with Omani authorities to identify and evaluate potential geothermal sites in Oman.
SLB (formerly Schlumberger) has announced a collaboration with Oman’s Ministry of Energy and Minerals and the Oman Investment Authority to create a national strategy to develop the potential of the geothermal resources of Oman.
This announcement follows a three-month project commissioned by the Omani authorities for the evaluation of data from more than 7000 oil, gas, and water wells to identify geothermal prospects in the country. Experts from SLBs’ GeothermEX multidisciplinary geothermal consulting team used a proprietary AI solution to to expedite assessment, sorting, and evaluation of the huge volume of data from the Oman Oil & Gas Data Repository (OGDR).
With potential geothermal resources identified, the next step of the collaboration will involve the assessment of the economic feasibility of developing these prospects.
“Geothermal is one of the world’s most promising clean energy resources, and it has a crucial role to play in reaching net-zero targets,” said Gavin Rennick, president of SLB’s New Energy business. “Using digital technology solutions to assess geothermal resource potential can accelerate prospectivity analysis and, ultimately, the delivery and performance of geothermal installations. We are excited to work with the Ministry of Energy and Minerals and the Oman Investment Authority to explore decarbonization pathways for Oman.”
“This collaboration between the Ministry of Energy and Minerals, Oman Investment Authority and SLB is in line with Oman’s efforts to decarbonize the energy sector, achieve its Net Zero goal, and implement Oman Vision 2040. Building on existing country data and infrastructure, this collaboration will create opportunities by utilizing the latest technologies in the field of geothermal exploration and ramp up activities in Oman’s clean energy stream. We are glad to work with SLB given the extensive global experience in this field,” said HE Salim Al Aufi, the Omani Minister of Energy and Minerals.
Source: SLB
