Spent a few minutes using that Google thing... "Dan Jørgensen has agreed the world’s most ambitious climate goal with a promise to cut 70% of emissions by 2030. Schlumberger New Energy and Thermal Energy Partners (TEP), an Austin-based geothermal energy development firm, announced on 27 August that they have entered into an agreement to create STEP Energy, a geothermal project development company. His speech can be summed in 3 pillars: technology adaptation, carbon footprint and digital transformation. STEP Energy will leverage its partners’ expertise to develop efficient and profitable geothermal power generation projects, providing an opportunity to support a reliable supply of clean energy. Schlumberger … Schlumberger Online Conference Working Together. Schlumberger is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Houston, August 27, 2020-Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners (TEP) announced today the new company name, GeoFrame Energy, a geothermal project development company.GeoFrame Energy will leverage its partners' expertise to develop efficient and profitable geothermal power generation projects, providing an opportunity to support a reliable supply … Schlumberger says its New Energy division will deploy its own set of technologies and practices to reduce its carbon footprint in exploration and production operations, and develop growth opportunities in emerging markets with “carbon-neutral technologies.” Chief EngineerKerrville Public Utility BoardKerrville, Texas, Senior Power Settlements and AnalyticsMarin Clean Energy (MCE)San Francisco Bay, California, Senior Vice President & COO (Engineering and Operations)Southern Maryland Electric Cooperative, Inc.Hughesville, Maryland, Control Room Operator/Performance EngineerCompany - ConfidentialCharlotte, North Carolina, Journey LineworkerCity of Alameda/Alameda Municipal PowerAlameda, California, Substation & Meter SupervisorCity of Alameda/Alameda Municipal PowerAlameda, California, System OperatorCity of Alameda/Alameda Municipal PowerAlameda, California, Electrical Equipment SuperintendentCity of Alameda/Alameda Municipal PowerAlameda, California, Director of Power DeliveryPlatte River Power AuthorityFort Collins, Colorado, Chief Executive Officer (CEO)Central Municipal Power Agency Services (CMPAS)Eden Prairie, Minnesota, Reliability Compliance Specialist/Sr. GeoFrame Energy will focus on quickly reaching our first milestone of 100 MW of geothermal capacity. Schlumberger New Energy explores new avenues of growth by leveraging Schlumberger’s intellectual and business capital in emerging markets, with a focus on low-carbon and carbon-neutral energy … In clean hydrogen, Schlumberger New Energy is launching GenviaTM, a hydrogen-production technology venture in partnership with the French Alternative Energies and Atomic Energy Commission (CEA), and with Vinci Construction. Many software products, data transactions and cloud operations like DELFI environment, Open Subsurface Data Universe Forum (OSDU), DrillPlan or GAIA have been developed to satisfy customer needs. Schlumberger has completed its plan to cut 21,000 jobs in response to the oil downturn, according to its latest accounts. According to the announcement, STEP Energy will leverage its partners’ expertise to develop efficient and profitable geothermal power generation … 'We need to lay down concrete timelines' on energy transition, says ex-Schlumberger boss Gould Standards needed to unlock more capital for the energy transition . Start a Post »                 Learn more about posting on Energy Central ». An easy way to link O&G expertise and renewables is by geothermal energy, because there are many techniques in common. About Schlumberger New Energy. STEP Energy will leverage its partners’ expertise to develop efficient and profitable geothermal power generation projects, providing an opportunity to support a reliable supply … TEP was founded to capitalize on the expanding opportunity to produce electrical energy from renewable geothermal sources with minimal risk. Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. In that time, we have expanded what we do and changed how we do it. Reliability Compliance SpecialistCity Utilities of SpringfieldSpringfield, Missouri, Principal Power System OperatorCity of BurbankBurbank, California, Chief Operating OfficerNorth Carolina's Electric CooperativesRaleigh, North Carolina, 1st Class Electric LinemanBorough of EphrataEphrata, Pennsylvania, Electric & Gas Utility Journey Relay TechnicianCity of TallahasseeTallahassee, Florida, Asset ManagerIndeck Energy Services, Inc.Buffalo Grove, Illinois, Technology Services Vice President & CTOLincoln Electric Service (LES)Lincoln, Nebraska, Electrical Line Technician InstructorNorthern Michigan UniversityMarquette, Michigan, Manager 2 or Manager 1NG GilbertMuncie, Indiana. Many of these companies are introducing new business lines and products, according to their zero carbon emissions goal for the future. STEP Energy will leverage its partners’ expertise to develop efficient and profitable geothermal power generation projects, providing an opportunity to support a reliable supply … The most stricking act is the launching of a new business line, Schlumberger New Energy, a division created to explore new carbon neutral solutions, prioritizing in energy storage and energy efficiency. GeoFrame Energy will create new avenues for growth of the geothermal industry, while also attracting investment from various financial institutions. … Energy Central contributors share their experience and insights for the benefit of other Members (like you). Premium content requires special account permissions. The ones who are trapped in that transition are Oil & Gas (O&G) services companies, setting a big question: How can they adapt their technology and procedures to the customer’s new business operations? Due to this commitment, the corporation has evidenced investment in renewable energy for their assets, for instance, 26% of Egypt base is energized using solar PV systems; in addition, the engineering team managed to create a fit-for-basin technique, for BP Oman, that clean up and produce gas after fracturing; this reduces 80.000 tons of carbon emissions. This is a clear successful case of how O&G services organizations are expanding or reinventing their business, certainly latest technology research act as a catalyst to create more carbon neutral products and I am sure Schlumberger is not the only services company that have started looking for solutions in new energy matters. Solid oxide fuel cell development:Highly efficient solid oxide fuel cell as an essential element of a sustainable energy supply.With an overall efficiency of more than 85 percent, the solid oxide fuel cell is clearly superior to any other energy.. As more and more field service companies across different industries embark upon their journeys towards digital transformation, one of the key solutions powering the process has been the adoption of mobile devices. Schlumberger New Energy, a subsidiary of Schlumberger, and Thermal Energy Partners have entered into an agreement to create a new Geothermal Development Company, STEP Energy. Houston, August 27, 2020-Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners (TEP) announced today that they have entered into an agreement to create STEP Energy, a geothermal project development company.STEP Energy will leverage its partners' expertise to develop efficient and profitable geothermal power generation projects, providing an … Start a discussion below. Moira Duff Click below to get started. Moreover, Schlumberger aims to be the first O&G services company in setting a science-based target to reduce carbon emissions footprint for 2021. Mechanical Engineer graduated from the University of Los Andes. Changes occur among time and the adaptability of each organization is crucial for the survival of it. Schlumberger New Energy, a subsidiary of Schlumberger, and Thermal Energy Partners have entered into an agreement to create a new Geothermal Development Company, STEP Energy, according to a press release.. This is where SLB New Energy portfolio is expanding, currently working with TEP (Thermal Energy Partners) on a 10MW geothermal power project in the island of Nevis, in the caribbean sea. AUSTIN, Texas, Sept. 4, 2020 /PRNewswire/ -- Thermal Energy Partners (TEP), a developer of geothermal energy projects, and Schlumberger New Energy, a … "By combining our geothermal, subsurface and drilling expertise with TEP’s experience in project development and risk mitigation, we will develop de-risked and streamlined geothermal projects on a global scale.". Performing Together. GAIA Data Discovery and Marketplace Platform, ConcentraFlo Pipeline Chemistry Solutions and Service, ChemWatcher Integrated Chemical Management System, Process Live Data-Enriched Performance Service, ACTive Real-Time Downhole Coiled Tubing Services, CoilTOOLS CT Intervention Tools and Solutions, ProActive Drilling Asset Management Services, Schlumberger New Energy and Thermal Energy Partners Enter into Agreement to Create GeoFrame Energy, a Geothermal Project Development Company. Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners have entered into an agreement to create STEP Energy, a geothermal project development company. Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners (TEP) announced that they have entered into an agreement to create GeoFrame Energy, a geothermal project development company. Petrofac Restructures Management, Board; Al-Sisi Supports Expansion of Eni's Investments in Egypt; Car Gas Starts Trial Operations in Hurghada Natural Gas Station ; Monday Minutes: Economic … GeoFrame Energy will leverage its partners’ expertise to develop efficient and profitable geothermal power generation projects, providing an opportunity to support a reliable … Schlumberger New Energy states the intention of diversification and new horizon business beyond Oil & Gas. It leverages its large databases and the advancements made in database analysis to reduce or constrain project risk. To download this file you first sign in to your Schlumberger account. --Editing by Leah Bennett. This may not be your core business, but showing your utility as a.. Our mission at Energy Central is to help global power industry professionals work better. Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners (TEP) have entered into an agreement to create a geothermal project development company.STEP Energy will leverage its partners’ expertise to develop efficient and profitable geothermal power generation projects, providing an opportunity to support a reliable supply of clean energy. New Energy The most stricking act is the launching of a new business line, Schlumberger New Energy, a division created to explore new carbon neutral solutions, prioritizing in energy storage and energy efficiency. This is the case of Schlumberger. About Schlumberger New Energy Schlumberger is the world’s leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Most people love animal stories, so there is nothing but upside to promoting a grant such as this. Reliability Compliance Specialist, Electric & Gas Utility Journey Relay Technician. In addition, the company is pioneering application of the revolutionary transformations in drilling technology that brought about the shale gas revolution to the development of geothermal energy. About Schlumberger New Energy. GeoFrame Energy will benefit from the partners’ project execution, drilling, subsurface evaluation and digital technology integration expertise, combined with systems engineering, modeling, data analytics and machine learning capabilities. Schlumberger New Energy explores new avenues of growth by leveraging Schlumberger’s intellectual and business capital in emerging markets, with a focus on low-carbon and carbon-neutral energy technologies. Actually, that was misleading, the present is digital!”. I wonder, given my own musing on the Gulf situation, whether there is an opportunity to make it fit some of the newer energy aspirations? Schlumberger Technology Corp., case number 4:20-cv-02193, in the U.S. District Court for the Southern District of Texas. Major O&G services companies have welcomed this transition in order to keep surviving more decades and creating value. Schlumberger bets for digital transformation and has obtained positive results, using above technologies, with clients like ExxonMobil, Woodside or alliances with the Egyptian Ministry of Petroleum, for example. The best company is the one that keeps innovating. Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Don't have an account? As Le Peuch said, “I declared the future is digital. As many may have noticed, there is an energy transition going that awakens traditional energy companies’ skills in order to test their adaptability. Experience... Hydrogen & Offshore Wind, business advisor and trainer. Schlumberger cuts 21,000 jobs SCHLUMBERGER will cut 21,000 jobs from its workforce it said in its punishing second quarter results as it follows oilfield service peers Halliburton and Baker Hughes into steep losses as drilling drops and exploration companies put the … In the past few months Schlumberger CEO, Olivier Le Peuch, addressed important points at the JP Morgan 2020 Energy, Power & Renewables Conference. Schlumberger New Energy, a new Schlumberger (NYSE: SLB) business, and Thermal Energy Partners (TEP) have agreed to create STEP Energy; a geothermal project … In addition, the new segment aims to eager markets for hydrogen production, using gas as feedstock and electrolysis powered by renewable energy. Schlumberger New Energy executive vice-president Ashok Belani said: “Through GeothermEx, a Schlumberger company, we have acquired extensive knowledge of geothermal resource assessment and project design implementation. Schlumberger New Energy explores new avenues of growth by leveraging Schlumberger’s intellectual and business capital in emerging markets, with a focus on low-carbon and carbon-neutral energy technologies. An easy way to link O&G expertise and renewables is by geothermal energy, because there are many techniques in common. "GeoFrame Energy will create a unique opportunity to de-risk and optimize the development of geothermal power projects, reduce costs and compress schedules. "Through GeothermEx, a Schlumberger company, we have acquired extensive knowledge of geothermal resource assessment and project design implementation," said Ashok Belani, executive vice president, Schlumberger New Energy. Your access to Member Features is limited. This group brings together those who are interested in topics around oil and gas exploration, drilling, refining, and processing. About Schlumberger New Energy Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. We need a little more information from you before we can grant you access. More investments in low carbon emission solutions are expected and the speed of this is proportional to the recovering from COVID crisis. ", Senior Vice President & COO (Engineering and Operations), Control Room Operator/Performance Engineer, Reliability Compliance Specialist/Sr. Always promote your good works to the community, as Duke Energy has done here. Please show them your appreciation by leaving a comment, 'liking' this post, or following this Member. If you have an experience or insight to share or have learned something from a conference or seminar, your peers and colleagues on Energy Central want to hear about it. Awarded by the Colombian Ministry of Education for having an excellent performance on its governmental exam SABER-PRO. Furthermore, The new digital products using data science and automation with the purpose of reducing costs and time, rise the company’s performance differentiation. Its activities include investments in new energy technology development early ventures, adjacent businesses leveraging Schlumberger’s expertise in subsurface characterization and drilling, and new energy deployments exploring new domains and business opportunities. The giant services company that has established its new strategy towards the future. The Energy Central Power Industry Network is based on one core idea - power industry professionals helping each other and advancing the industry by sharing and learning from each other. Schlumberger Limited (NYSE:SLB)’s traded shares stood at 4,671,305 during the last session, with the company’s beta value hitting 2.3. "We are thrilled with this partnership. About Schlumberger New Energy Schlumberger is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. Schlumberger says its New Energy division will deploy its own set of technologies and practices to reduce its carbon footprint in exploration and production operations, and develop growth opportunities in emerging markets with "carbon-neutral technologies." Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners (TEP) have entered into an agreement to create STEP Energy, a geothermal project development company. The benefits mobility offers.. Houston, August 27, 2020—Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners (TEP) announced today that they have entered into an agreement to create GeoFrame Energy†, a geothermal project development company. The combined experience and expertise in drilling, reservoir identification and assessment and project execution provide an unequalled opportunity for the success of the new company," said Bruce Cutright, chief executive officer, TEP. communication@slb.com. GeoFrame Energy will leverage its partners’ expertise to develop efficient and profitable geothermal power generation projects, providing an opportunity to support a reliable supply of clean energy. Schlumberger was founded by two pioneering brothers, Conrad and Marcel Schlumberger, and that passion for discovery has kept us at the forefront of the energy industry for the last 90 years. “By combining our geothermal, subsurface and drilling expertise with TEP’s experience in project development and risk mitigation, we will develop de-risked … Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners (TEP) announced today that they have entered into an agreement to create STEP Energy, a geothermal project development company. Latest News. Schlumberger New Energy explores new avenues of growth by leveraging Schlumberger’s intellectual and business capital in emerging markets, with a focus on low-carbon and carbon-neutral energy technologies. Office: +1 (713) 375-3494 No discussions yet. You can find more examples by simply surfing on the net. This is the great conclusion after the restructuring of the company trying to align with the customer workflows and realize their performance strategy. The challenge for many corporations is to reduce the growth time of new business, this implies investment on research and development, also skilled personnel that can deal with those challenges sucessfully. The new company’s first project is the 10-MW Nevis Geothermal Power Project on the Caribbean island of Nevis, which will enable the island to transition to 100% zero-emission renewable energy for its power supply. Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners (TEP) announced today (August 27) that they have entered into an agreement to create GeoFrame Energy, a geothermal project development company.GeoFrame Energy will leverage its partners' expertise to develop efficient and profitable geothermal power generation projects, providing an opportunity to … Schlumberger New Energy, a new Schlumberger business, and Thermal Energy Partners (TEP) have announced that they have entered into an agreement to create STEP Energy, a geothermal project development company. Corporate Communication Manager, Schlumberger Limited At the close of trading, the stock’s price was $23.72, to imply an increase of 1.5% or $0.35 in intraday trading. It's also easy to share a link to an article you've liked or an industry resource that you think would be helpful. The Danish climate minister closing down the oil industry for good. GeoFrame Energy has additional opportunities to expand production in the Eastern Caribbean and in North and South America. This will unlock the full potential of geothermal power generation globally," said Dan Pfeffer, president, TEP. Join us October 27. Our, Schlumberger New Energy and some future insights, Stationary fuel cells: Bosch plans to start full-scale production in 2024 - H2 Tech Report, Yara to produce shipping fuel from CO2-free ammonia plant - Offshore Energy, Using real-time data analytics to increase productivity and the cost efficiency of enterprise mobile devices, Duke Energy Renewables invests in bald eagle research, education in Oklahoma, Learn more about posting on Energy Central », Shell may permanently shut Louisiana refinery next week -sources - ET EnergyWorld. Love animal stories, so there is nothing but upside to promoting a grant such this. Misleading, the present is digital! ” power projects, reduce costs and compress.... 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