SLB and Star Energy Geothermal announce technology collaboration

The collaboration will combine Star Energy Geothermal’s extensive knowledge of geothermal development with SLB’s decades of experience developing and industrialising technology solutions for the energy sector. Working closely together, SLB and Star Energy Geothermal aim to deploy technologies that shift the economics of conventional geothermal projects and improve recovery rates of geothermal assets.

“In developing technologies for the geothermal industry, collaborating with customers is critical for focusing on the use cases with the most significant economic impact,” said Irlan Amir, Vice President, Renewables and Energy Efficiency, SLB. “In an industry where the risks and levelized cost of energy are perceived to be high, we look forward to working with Star Energy Geothermal to deliver groundbreaking technologies that will lower project risks and improve the overall project economics of this clean, firm and flexible energy source.”

SLB has previously worked with Star Energy Geothermal on technology solutions that optimise well placement and employ artificial intelligence (AI) to improve the efficiency and economics of drilling geothermal wells. Under the collaboration agreement, SLB and Star Energy Geothermal will focus on developing and deploying technologies for subsurface characterisation, drilling and production of geothermal assets.

“Our vision is to be among the largest and leading geothermal companies in the world,” added Hendra Soetjipto Tan, President Director of Barito Renewables and Group CEO of Star Energy Geothermal. “Today, we proudly manage 886 MW of installed electricity capacity. Aligned with our strategic expansion to support energy transition, our goal will be enabled by leveraging advanced technologies to enhance the efficiency and economics of our current and future assets. With SLB’s breadth of technologies and our expertise in geothermal resource development and operations, we are confident that together we can solve the technical and economic challenges that are holding back the broader development of geothermal projects across the globe.”

 

 

For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.

Energy Global’s Winter 2024 issue

Don’t miss out on our last issue of the year! The Winter issue of Energy Global is out now; this issue kicks off with a guest comment from Veronica Maxted, Director of Renewables at RS Group before moving on to a regional report on the current state of the renewables industry in North America. This edition of the magazine also explores key topics such as inspection and maintenance, solar optimisation, energy storage technology, geothermal drilling and operations, and much more. With contributions from key industry leaders such as Viridien, Hexagon, DNV Energy Systems, and Halliburton, among others, dive into the issue and see what you could learn.

Read the article online at: https://www.energyglobal.com/other-renewables/23012025/slb-and-star-energy-geothermal-announce-technology-collaboration/