The transition from the Semail ophiolite mantle to the underlying metamorphic sole was drilled at ICDP OmanDP Hole BT1B. We analyzed the bulk major, volatile and trace element compositions of the mantle-derived listvenite series and metamorphic rocks, with the aim to constrain chemical transfers associated with peridotite carbonation along the ophiolite basal thrust. The listvenite series comprise variously carbonated serpentinites and (fuchsite-bearing) listvenites. They have high CO2 (up to 43 wt.%) and variable H2O (0–12 wt.%). Yet, they have compositions close to that of the basal banded peridotites for most major and lithophile trace elements, with fuchsite-bearing listvenites overlapping in composition with amphibole-bearing basal lherzolites (e.g., Al2O3 = 0.1–2.2 wt.%; Yb = 0.05–1 x CI-chondrite). The protolith of the listvenite series was likely similar in structure and composition to serpentinized banded peridotites which immediately overlie the metamorphic sole elsewhere in Oman. The listvenite series are enriched in fluid mobile elements (FME) compared to Semail peridotites (up to ∼103–104 x Primitive Mantle), with concentrations similar to the underthrusted metabasalts and/or metasediments for Cs, Sr and Ca and sometimes even higher for Pb, Li, As, and Sb (e.g., Li up to 130 μg/g; As up to 170 μg/g). We also observe a decoupling between Sr-Ca enrichments and other FME, indicating interactions with several batches of deep CO2-rich fluids transported along the basal thrust. These results suggest that peridotite carbonation could represent one of the major trap-and-release mechanisms for carbon, water and FME along convergent margins.