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Djibouti Pays KenGen: $1M Offer on a Five-Year Geothermal Drilling Debt

Djibouti Pays KenGen: A $1 Million Offer on a Five-Year-Old Geothermal Drilling Debt Djibouti has finally moved to pay part of what it owes Kenya Electricity Generating Company (KenGen) for drilling work done near Lake Assal. The amount is small next to KenGen's balance sheet. What it says about selling geothermal drilling services across Africa matters a lot more. KenGen's latest annual report says Djibouti's state geothermal agency, the Office Djiboutien de Développement de l'Énergie Géothermique (ODDEG), has offered a first instalment of about $1 million (Sh129 million) against outstanding invoices of $2.13 million (Sh276.03 million), according to Business Daily. "ODDEG has acknowledged the debt and has proposed an initial payment of $1 million as the first instalment towards settlement," KenGen said in the report. KenGen is Kenya's largest power producer, with about 54% of the market. The Kenyan government owns 70% of the company and the public holds t...

Eavor and SLB Partners To Develop Eavor Loop Technology

Eavor & SLB: Unlocking a Revolution in Clean Energy Production

By: Robert Buluma

Image: The SLB & Eavor Team at Geretsried

Imagine a world where energy is not only clean but also consistent, dependable, and accessible worldwide. This vision is becoming a reality, thanks to an innovative partnership between Eavor Technologies and SLB (formerly Schlumberger). Together, they are pioneering a groundbreaking approach to harnessing renewable energy, promising to redefine how we produce and consume power and heat.

At the heart of this collaboration lies Eavor's revolutionary technology, the Eavor-Loop™, a closed-loop geothermal system that is unlike anything seen before. The partnership reached a critical milestone recently at Getesried, the home of the first commercial Eavor-Loop™, where the SLB and Eavor teams met to celebrate this transformative project.

What Is the Eavor-Loop™?



The Eavor-Loop™ is a closed-loop geothermal system that eliminates the traditional challenges of geothermal energy. Unlike conventional geothermal systems, which rely on tapping into naturally occurring reservoirs of hot water and steam, Eavor-Loop™ creates its own subsurface reservoir by circulating a proprietary working fluid through a network of sealed underground wells.

This fluid absorbs heat from the Earth and transfers it to the surface, where it can be used to generate electricity or provide direct heating. The system is entirely self-contained, which means:

No emissions: No greenhouse gases or harmful chemicals escape into the atmosphere.

No water use: It doesn’t depend on groundwater, making it sustainable and environmentally friendly.

No depletion: The loop ensures a steady supply of heat without exhausting the Earth's resources.

Why Does It Matter?

The Eavor-Loop™ represents a paradigm shift in renewable energy. Unlike solar and wind, which are intermittent and depend on weather conditions, the Eavor-Loop™ provides firm and consistent power and heat. This reliability makes it ideal for powering industries, homes, and even entire cities without the need for expensive energy storage systems.

Additionally, its adaptability means it can be deployed almost anywhere, unlocking geothermal potential in regions previously considered unsuitable. This global applicability could democratize access to clean energy, leveling the playing field for developing and developed nations alike.

The SLB Partnership: Accelerating Innovation

SLB brings decades of expertise in drilling and subsurface technologies to the table, making it the perfect partner for Eavor. By combining SLB's advanced engineering capabilities with Eavor's visionary technology, the two companies are pushing the boundaries of what geothermal energy can achieve.

The collaboration at Getesried, a site that symbolizes the dawn of this new energy era, showcases how partnerships between innovative startups and established industry leaders can drive transformative change.



The Benefits of This Revolution

1. Climate Action: The Eavor-Loop™ provides a scalable, low-carbon energy solution that could significantly reduce global greenhouse gas emissions.

2. Energy Security: By tapping into an infinite and locally available resource—Earth’s heat—countries can reduce their reliance on fossil fuels and imported energy.

3. Economic Growth: The widespread adoption of this technology could create thousands of jobs in drilling, manufacturing, and maintenance while boosting local economies.

4. Global Accessibility: From deserts to dense urban areas, the Eavor-Loop™ can bring energy independence to regions previously sidelined in the renewable energy revolution.

A Future Powered by Innovation

The meeting at Getesried is more than a corporate milestone—it’s a glimpse into the future. A future where energy is no longer a privilege but a universal right, where innovation leads the way to sustainability, and where partnerships like that of Eavor and SLB redefine the possibilities of human ingenuity.

Eavor has been keen on this Geothermal story and they are diamond sponsors in the innovation category for world geothermal congress who are hiring.

As the world grapples with the dual challenges of climate change and energy security, solutions like the Eavor-Loop™ shine a light on a better, cleaner, and brighter tomorrow. It’s not just about technology; it’s about transforming the very foundation of how we live, work, and power our world.

This is the revolution we’ve been waiting for, and it’s happening now. Are you ready to join the journey?

Source: Sean Marshal on LinkedIn

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