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19.04.2010
Mitsubishi Heavy Industries, Ltd. (MHI) and Reykjavik Energy in cooperation
Mitsubishi Heavy Industries, Ltd. (MHI) and Reykjavik Energy (Orkuveita Reykjavikur: OR), a geothermal electricity producer and multi-utility provider in Iceland, have agreed on joining forces in the development of geothermal energy opportunities globally. Guðlaugur Sverrisson, Chairman of OR, Hjorleifur B. Kvaran, the Icelandic company's CEO, and Ichiro Fukue, Senior Executive Vice President of MHI, today signed a memorandum of understanding (MOU) in Tokyo.
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24.10.2008
GEOEnergia 2008 in Karlsruhe
GEOEnergia 2008 in Karlsruhe Please visit us at booth 20 and 21
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24.10.2008
Iceland Drilling Company signs its biggest agreement to date on geothermal drilling in the Azores
Iceland Drilling (UK) Ltd, a subsidiary of the Icelandic firm Jarðboranir hf., has signed a contract with two Azorean energy companies, Sogeo and GeoTerceira, for drilling exploration and production holes at high-temperature fields in the Azores Islands. The purpose of these holes is to generate electricity, and the Iceland Drilling agreement is by far the largest of this sort that has ever been concluded for the region involved. The agreement entails two interrelated projects for Sogeo and Geoterceira, both to be carried out on the Azorean islands of São Miguel and Terceira. In total, the agreement is worth up to ISK 1.8 billion [USD 15 million / EUR 12 million, with due reservations as to fluctuating exchange rates]. Most of the energy is expected to be used for electricity production for the islands.
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20.10.2008
Temporary Suspension of Drilling Activity in Mauerstetten
Hekla Energy GmbH, a subsidiary of Iceland Drilling, has successfully drilled a geothermal well in Mauerstetten (GT 1) to 4545 meters. The borehole temperature of 153°C was evidenced. The next step is to evaluate the productivity of the well, which could take up to 2 months, but the ultimate purpose of the project is to create a high efficiency electricity generation plant.
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20.10.2008
Temporary Suspension of Drilling Activity in Mauerstetten
Hekla Energy GmbH, a subsidiary of Iceland Drilling, has successfully drilled a geothermal well in Mauerstetten (GT 1) to 4545 meters. The borehole temperature of 153°C was evidenced. The next step is to evaluate the productivity of the well, which could take up to 2 months, but the ultimate purpose of the project is to create a high efficiency electricity generation plant.
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16.09.2008
Orkuveita Reykjavíkur and Jarðboranir sign the largest ever drilling contract in Iceland - electricity production from geothermal sources increased by more than 40%
Today, a geothermal drilling contract in the Hengill area was signed between Orkuveita Reykjavíkur and Jarðboranir hf. This is the largest contract of its kind in Iceland as well as being the most extensive drilling project ever undertaken in this country and Orkuveita’s largest competitive tender for a geothermal project so far. A huge increase in demand has caused the production of electricity in domestic geothermal plants to rise by more than 100% since the year 2005; with production reaching almost 3,600 GWh last year. The new drilling initiated by OR is expected to increase production by a further 40%.
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16.09.2008
Orkuveita Reykjavíkur and Jarðboranir sign the largest ever drilling contract in Iceland - electricity production from geothermal sources increased by more than 40%
Today, a geothermal drilling contract in the Hengill area was signed between Orkuveita Reykjavíkur and Jarðboranir hf. This is the largest contract of its kind in Iceland as well as being the most extensive drilling project ever undertaken in this country and Orkuveita’s largest competitive tender for a geothermal project so far. A huge increase in demand has caused the production of electricity in domestic geothermal plants to rise by more than 100% since the year 2005; with production reaching almost 3,600 GWh last year. The new drilling initiated by OR is expected to increase production by a further 40%.
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21.08.2008
One of the most challenging drilling projects in the world : Iceland Drilling to undertake deep drilling in northern Iceland
Landsvirkjun, on behalf of the Icelandic Deep Drilling Project (IDDP), and Iceland Drilling have signed a project contract for drilling activities in the Krafla area of northern Iceland, marking the beginning of deep drilling in high temperature geothermal areas. Since this is the first deep borehole of its kind the project is unique on a worldwide level. Scientists from around the world will be watching the project with interest and a number of domestic and foreign specialists will be involved in the research. The drilling is expected to be concluded in 2009.
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09.07.2008
USD 70 MILLION SHARE INCREASE FOR GEYSIR GREEN ENERGY: ADAM WOLFENSOHN AND OLAFUR JOHANN OLAFSSON JOIN BOARD OF DIRECTORS
A USD 70 million share increase will considerably strengthen the standing of Icelandic geothermal investor Geysir Green Energy. In the shareholder meeting held in Iceland today, Olafur Johann Olafsson and Adam Wolfensohn became members of the board of Geysir with Olafsson elected as Chairman. Geysir Chief Executive Ásgeir Margeirsson says it is a great asset for the company to have such influential and internationally respected new board members.
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09.07.2008
USD 70 MILLION SHARE INCREASE FOR GEYSIR GREEN ENERGY: ADAM WOLFENSOHN AND OLAFUR JOHANN OLAFSSON JOIN BOARD OF DIRECTORS
A USD 70 million share increase will considerably strengthen the standing of Icelandic geothermal investor Geysir Green Energy. In the shareholder meeting held in Iceland today, Olafur Johann Olafsson and Adam Wolfensohn became members of the board of Geysir with Olafsson elected as Chairman. Geysir Chief Executive Ásgeir Margeirsson says it is a great asset for the company to have such influential and internationally respected new board members.
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15.04.2008
Internationale Geothermiekonferenz in Freiburg
Besuchen Sie uns auf der 4. Internationalen Geothermiekonferenz in Freiburg
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15.04.2008
International Geothermal Conference in Freiburg
Visit us at the 4th International Geothermal Conference in Freiburg
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21.11.2007
Exorka and Hekla Energy Negotiate on Drilling Projects in Germany
An agreement has been made between Exorka GmbH and Hekla Energy GmbH, a newly established subsidiary of Iceland Drilling in Germany, on overseas drilling projects.
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21.11.2007
Exorka and Hekla Energy Negotiate on Drilling Projects in Germany
An agreement has been made between Exorka GmbH and Hekla Energy GmbH, a newly established subsidiary of Iceland Drilling in Germany, on overseas drilling projects.
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25.10.2007
GEOEnergia 2007 in Bochum
Besuchen Sie unseren Stand auf der GEOEnergia 2007 in Bochum
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