Energy technology company SLB has teamed up with leading geothermal developer Star Energy Geothermal, a subsidiary of Indonesia’s renewable energy company Barito Renewables, to accelerate advanced technologies for geothermal asset development, thereby progressing the development of geothermal projects globally.
The collaboration will focus on developing and deploying technologies for subsurface characterisation, and drilling and production of geothermal assets, combining Star Energy Geothermal’s extensive knowledge of geothermal development with SLB’s experience in developing and industrialising technology solutions for the energy sector. The aim is to lower project risks and improve the economics of conventional geothermal projects as well as to boost recovery rates of geothermal assets.
"Our vision is to be among the largest and leading geothermal companies in the world,” said 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.”