It may work.. Snapshot based refreshes I mean.
In Oracle, there is no document about it. So it wont be supported.. Oracle is more likely to go with Oracle Solaris ZFS and Oracle ACFS snapshots. but Amazon does it... Here is an example - >
https://aws.amazon.com/blogs/storage/synchronize-your-oracle-databases-quickly-and-easily-with-amazon-fsx-for-openzfs/