Kaishan News | Vice President of Low Carbon Solutions Business at Halliburton Energy Services Leads Delegation to Visit Kaishan | Group news | News

On May 13, a delegation of four senior executives of Halliburton--one of the world's biggest O&G service providers--led by Mr. Duane Sherritt, Vice President of Halliburton Low Carbon Solutions, visited the headquarters of Kaishan Group Co., Ltd. During the visit, the delegation held meetings with Mr. Cao Kejian, Chairman of Kaishan Holding Group Co., Ltd., and Dr. Yan Tang, General Manager of Kaishan Group Co., Ltd., with a tour at Kaishan’s Lingang manufacturing facility in Shanghai.

The meeting also reflected the growing global attention on geothermal energy as a reliable clean energy solution amid accelerating energy transition. Kaishan Group is actively transforming itself into one of the world’s leading geothermal renewable energy developers and operators, a supplier of integrated geothermal power generation equipment, and an important global participant in the development and operation of green hydrogen and green ammonia projects. At the same time, Halliburton is accelerating the diversification of its business portfolio, including expanding its presence in power solutions for the rapidly growing global AI data center market. Shared strategic objectives in energy transition and low-carbon development provided the foundation for this meeting.

During the discussions, both parties recognized that Halliburton possesses leading technologies and extensive experience in high-temperature and high-pressure complex well construction, hydraulic fracturing, directional drilling, and digital intelligent drilling technologies. Kaishan, meanwhile, has developed competitive advantages in modular geothermal power plant equipment featuring short construction cycles, high generation efficiency, and relatively low development costs. Kaishan has also established a fully integrated geothermal value chain covering resource acquisition, exploration and development, drilling engineering, modular power plant manufacturing, and project operation.The parties agreed that the combination of Halliburton’s advanced drilling technologies and Kaishan’s geothermal development and equipment capabilities is highly aligned with the future needs of Enhanced Geothermal System (EGS) projects, particularly in achieving high-efficiency and low-cost drilling and development. The complementary strengths of the two companies provide a strong foundation for expanding future cooperation.

It is understood that the two companies have already established productive cooperation in drilling operations for Kaishan’s geothermal projects in Indonesia. Moving forward, Halliburton and Kaishan plan to further expand cooperation in emerging energy sectors including EGS development, downhole micro modular nuclear applications, and green hydrogen and green ammonia projects. Following this visit, the companies will further define the next phase of cooperation and are expected to pursue the signing of a strategic Memorandum of Understanding (MoU) and a Master Service Agreement (MSA).

Following the meeting, accompanied by Dr. Tang, the Halliburton delegation visited Kaishan Group’s manufacturing base in Shanghai Lingang, where they inspected key equipment related to low-carbon energy and energy transition solutions, including modular geothermal power generation systems, hydrogen compressors, and carbon dioxide compressors.