SLB Green Hydrogen Initiatives for 2025: Key Projects, Strategies and Market Impact
SLB’s Bold Strides Towards a Sustainable Energy Future: Partnerships, Innovation, and a Net-Zero Vision
SLB is making significant moves in the energy sector, actively developing and deploying technologies and services related to green hydrogen production, transportation, and storage. This initiative is a core component of its broader energy transition strategy, demonstrating a commitment to a more sustainable future. Beyond hydrogen, SLB is laser-focused on reducing its own environmental footprint through operational efficiency, electrification, innovative job design, and the adoption of low-carbon fuel alternatives to drastically cut Scope 1 and 2 emissions. With an ambitious goal to achieve net-zero greenhouse gas emissions by 2050, SLB is not just talking about sustainability; it’s actively building a roadmap to get there. The company’s commitment is further solidified through strategic partnerships, targeted investments, and the introduction of cutting-edge technologies, all designed to accelerate the global shift towards cleaner energy solutions.
Table: SLB’s Strategic Investments
| Partner / Project | Time Frame | Details and Strategic Purpose | Source |
|---|---|---|---|
| Zeg Power | 2025 | SLB invested in Zeg Power, a company focused on zero-emission hydrogen production technology, becoming its largest owner. This investment signifies SLB’s commitment to supporting innovative solutions that can drive the transition to cleaner hydrogen production methods. | Schlumberger becomes largest owner in IFE spin-off Zeg Power |
Table: SLB’s Collaborative Partnerships
| Partner / Project | Time Frame | Details and Strategic Purpose | Source |
|---|---|---|---|
| Aramco and Linde | 2025 | SLB partnered with Linde and Aramco to develop a carbon capture and storage (CCS) hub in Jubail Industrial City, Saudi Arabia. This collaboration aims to establish a significant CCS infrastructure, essential for reducing carbon emissions from industrial activities. | Aramco, Linde, SLB Ink Agreement To Build Saudi CCS Hub – JPT |
| Star Energy Geothermal | 2025 | SLB collaborated with Star Energy Geothermal to develop and deploy technologies for subsurface characterization, drilling, and production of geothermal resources. This partnership enhances geothermal energy extraction, positioning geothermal as a reliable renewable energy source. | SLB and Star Energy Geothermal announce technology collaboration |
| DEEP Earth Energy Production Corp | 2025 | SLB teamed up with DEEP to develop a geothermal project in southeast Saskatchewan, Canada. This project aims to harness geothermal energy, providing a clean and sustainable energy source for heating and power generation. | DEEP and SLB team up on deep geothermal in Canada |
| Genvia | 2025 | SLB is working with Genvia to develop solid oxide electrolyzer cell (SOEC) technology for green hydrogen production. This partnership seeks to advance efficient and cost-effective methods of producing green hydrogen, a critical component of sustainable energy systems. | Building Momentum: Driving New Energy Forward in 2025 … – SLB |
| John Cockerill Hydrogen | 2025 | SLB collaborates with John Cockerill Hydrogen to develop low-carbon hydrogen solutions. This collaboration focuses on enhancing the production and utilization of hydrogen as a clean energy carrier. | Building Momentum: Driving New Energy Forward in 2025 … – SLB |
| Aker Carbon Capture | 2025 | SLB partnered with Aker Carbon Capture to form SLB Capturi, focusing on scaling up carbon capture, utilization, and storage (CCUS), including integration with blue hydrogen production. Three projects are currently underway, with two sites already operational, demonstrating tangible progress in CCUS technology. | Oilfield Giants Walk a Tightrope: Q1 Profits, Emissions & the Race to … |
Forging a Greener Path: Industry-Wide Adoption of SLB’s Innovations
SLB’s commitment to sustainability is not confined to internal operations; it extends to influencing the broader industry through pioneering technologies and strategic partnerships. The company’s diverse range of applications—from green and blue hydrogen production to geothermal energy development and carbon capture—illustrates a comprehensive approach to clean energy solutions. The collaboration with John Cockerill Hydrogen for low-carbon hydrogen solutions, for example, addresses the critical need for cleaner hydrogen production methods. Furthermore, the development of Sequestri carbon storage solutions, designed to enhance efficiency and reliability in industrial decarbonization, highlights SLB’s proactive role in mitigating carbon emissions. This diversity implies a growing industry-wide recognition of the importance of integrated sustainability solutions. By offering technologies applicable across various sectors, SLB is facilitating the broader adoption of clean technologies, driving the entire energy sector toward a more sustainable future.
Global Footprint: Geothermal Projects and Carbon Capture Hubs
SLB’s sustainability initiatives span continents, reflecting a global commitment to clean energy. The partnership with DEEP Earth Energy Production Corp in Saskatchewan, Canada, showcases a North American push towards geothermal energy. Concurrently, the collaboration with Star Energy Geothermal focuses on developing geothermal resources in Indonesia, tapping into the vast geothermal potential of the region. The strategic alliance with Linde and Aramco to develop a CCS hub in Jubail Industrial City, Saudi Arabia, underscores a significant investment in carbon capture within the Middle East. This global distribution suggests a geographically diverse adoption of clean technologies, with each region leveraging its unique resources and infrastructure. While Europe leads in policy and investment in many areas, these projects indicate that North America and the Middle East are strategically positioning themselves in specific areas like geothermal and CCS, driven by both environmental concerns and economic opportunities.
Tech Transformation: From Pilot Projects to Scalable Solutions
SLB’s recent product launches, strategic investments, and exploration of emerging technologies highlight a definitive trend towards technology maturation in the clean energy sector. The introduction of Electris, a portfolio of digitally enabled electric well completion technologies, signals a move towards optimizing existing oil and gas operations for reduced emissions. Similarly, the unveiling of Sequestri carbon storage solutions demonstrates a focus on scaling carbon capture and storage (CCS) capabilities. The partnership with Aker Carbon Capture to form SLB Capturi, with operational carbon capture sites already in place, exemplifies the transition from pilot projects to commercially viable solutions. Furthermore, SLB’s investment in Zeg Power, a company focused on zero-emission hydrogen production technology, indicates a forward-looking approach to emerging technologies. These developments reveal a strategic progression from conceptual technologies to tangible, scalable solutions, marking a significant leap in the maturity of clean energy technologies and paving the way for wider industry adoption.
Looking Ahead: Charting the Course for a Sustainable Future
SLB’s strategic partnerships, targeted investments, and innovative product launches collectively signal a definitive shift towards a more sustainable and diversified energy landscape. The focus on green and blue hydrogen, through collaborations with John Cockerill Hydrogen and Genvia, emphasizes the importance of hydrogen as a clean energy carrier. The development of Sequestri carbon storage solutions and the formation of SLB Capturi underscore the critical role of carbon capture, utilization, and storage (CCUS) in decarbonizing industrial operations. Emerging insights, such as the exploration of natural hydrogen as a potential clean energy source, suggest that SLB is also looking beyond conventional clean energy technologies. The continued innovation and integration of digital technologies for enhanced efficiency and emissions reductions in oil and gas operations further support the transition to a cleaner energy future. These initiatives paint a picture of a company committed to driving the energy transition through technological innovation, strategic collaborations, and a steadfast focus on achieving net-zero emissions. SLB’s actions today are laying the groundwork for a more sustainable and resilient energy future.
Frequently Asked Questions
What is SLB’s primary sustainability goal?
SLB’s primary sustainability goal is to achieve net-zero greenhouse gas emissions by 2050. They are actively working towards this through various initiatives, including investments in green technologies, partnerships, and operational efficiency improvements.
What are some of the key areas SLB is focusing on for its energy transition strategy?
SLB is focusing on green and blue hydrogen production, carbon capture, utilization, and storage (CCUS), and geothermal energy development as key components of its energy transition strategy.
Can you provide an example of a partnership SLB has formed to advance carbon capture technology?
SLB has partnered with Aker Carbon Capture to form SLB Capturi, which focuses on scaling up carbon capture, utilization, and storage (CCUS), including integration with blue hydrogen production. They already have operational carbon capture sites in place.
Where are some of the locations where SLB is involved in geothermal energy projects?
SLB is involved in geothermal energy projects in Saskatchewan, Canada (with DEEP Earth Energy Production Corp) and Indonesia (with Star Energy Geothermal).
What is SLB doing to reduce emissions from its existing oil and gas operations?
SLB is reducing emissions from its existing oil and gas operations through electrification, innovative job design, the adoption of low-carbon fuel alternatives, and the introduction of technologies like the Electris portfolio of digitally enabled electric well completion technologies to enhance efficiency and reduce emissions.
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