Schlumberger and Thermal Energy Partners to Form GeoFrame Energy

Updated 1 year ago

Schlumberger New Energy and Thermal Energy Partners (TEP) have entered into an agreement to create GeoFrame Energy, a geothermal project development company. GeoFrame will leverage its partners' expertise to development geothermal power generation projects. Schlumberger company GeothermEx focuses on geothermal resource assessment and project design while TEP has executed on projects.

The new company’s first project is the 10-MW Nevis geothermal power project on the Caribbean island of Nevis, which will power the entire island. GeoFrame has additional opportunities to expand production in the eastern Caribbean and in North and South America.

Schlumberger EVP of New Energy

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.