Oman partners with SLB for geothermal study

SLB has agreed to collaborate with Oman to develop a national strategy to unlock the country’s geothermal potential, the global technology company announced on Wednesday.

The company will work with Oman’s Ministry of Energy and Minerals and sovereign wealth fund Oman Investment Authority on the roadmap, which will include an economic feasibility study.

The agreement follows the completion of a three-month study done by SLB of more than 7,000 oil, gas and water wells to map significant geothermal prospects in the country.

“This collaboration […] is in line with Oman’s efforts to decarbonise the energy sector, achieve its net-zero goal and implement Oman Vision 2040,” Minister of Energy and Minerals H.E. Salim bin Nasser Al Aufi.

“Building on existing country data and infrastructure, this collaboration will create opportunities by utilising the latest technologies in the field of geothermal exploration and ramp up activities in Oman’s clean energy stream.”

Schlumberger rebranded as SLB in October 2022.