Tag: geothermal

Halliburton has won a multiyear contract from KS Orka Renewables to support geothermal well construction for SMGP and SGI, providing directional drilling, cementing, drilling fluids, and bits. This is primarily a services award; stainless demand is typically indirect (well completion hardware and certain corrosion-resistant components) versus large volume materials supply.

With capacity set to double by 2040, geothermal depends on stainless steel to overcome its biggest challenges.

Early-stage geothermal developments with moderate stainless steel usage potential in wellhead equipment, piping, and geothermal fluid handling systems.

TWI principal project leader, Briony Holmes is set to present findings from the collaborative GeoSmart project at EUROCORR 2022, in Berlin.

In these times of pandemic, scarcity and war, energy and electricity prices have soared. Sanctions against Russia will oblige Europe to source its energy elsewhere, and this will take time.

Breakthrough Energy Ventures, the investment firm financed by billionaires like Jeff Bezos, Bill Gates, and Jack Ma that invests in companies developing technologies to decarbonize society, is investing USD 12.

ITOCHU Corporation (ITOCHU) has announced the commercial operation of the third unit in the Sarulla Geothermal IPP Project.

Climeon has received its first major order for a geothermal power plant in Germany, and its first order that will operate on an original oil and gas infrastructure, from the Bavarian energy provider Geoenergie Kirchweidach (GEK).