Saudi Geological Survey (SGS) has signed a memorandum of understanding with Saudi Ministry of Energy to explore geothermal energy sources and an innovation program for the energy system, SGS said in a tweet.

The MoU also includes developing local content in the energy sector and risk and crisis management.  

In December, Dr Hussein Holteit, Associate Professor at King Abdullah University of Science and Technology (KAUST), said the Kingdom is currently running pilots at two locations to store carbon in rocks using mineralisation technology and has initiated projects to explore geothermal energy.
 
He added the Ministry of Energy is exploring geothermal energy and KAUST has initiated work to get licenses and permissions to drill experimental geothermal wells within its facilities.

(Writing by D Madhura; Editing by Anoop Menon)

(anoop.menon@lseg.com)