Arverne, Herrenknecht create partnership for deep geothermal drilling

Drilling rig of Arverne Drilling on a winter day (supply: firm)

French geothermal and lithium participant Arverne Group (Arverne) and tunnel boring specialist Herrenknecht AG have entered right into a strategic partnership to type a brand new entity based mostly in Pau, France referred to as DrillDeep that’s devoted to deep geothermal vitality.

Already long-standing companions, months of collaboration between the 2 gamers have resulted within the design of a brand new hydro-electric drilling rig that has a decrease environmental affect and is best suited to drilling operations in city areas. This new step of their collaboration goals to contribute in strengthening the capacities and applied sciences of Europe within the growth of renewable energies, together with geothermal.

“It’s an honor for us to strengthen our relationship with Herrenknecht AG, an internationally famend firm acknowledged for the standard of its work. The choice of Herrenknecht AG to companion with us demonstrates their confidence within the mannequin and expertise of Arverne Group to grab growth alternatives within the deep geothermal sector. By this partnership, we safe our future operations by consolidating our integration technique, whereas persevering with to satisfy the rising wants of our clients when it comes to drilling,” mentioned Pierre Brossollet, CEO of Arverne Group.

This partnership reinforces the technique of the Arverne Group of providing an entire vary of providers throughout your entire geothermal worth chain.

Lithium de France, a subsidiary of Arverne Group, had not too long ago been awarded a license for geothermal and lithium exploration within the Bas-Rhin area of France –  already the fourth license awarded to the corporate.  Lithium de France had already launched various subsurface research and exploration campaigns in Northern Alsace, gathering data for mapping of a big of the subsurface coated by beforehand awarded licenses.

Herrenknecht Vertical GmbH, an entirely owned subsidiary of Herrenknecht AG, has twenty years of expertise within the drilling sector and is a widely known provider of drilling rigs for each geothermal and oil and gasoline sectors. The corporate had not too long ago introduced the event of the UrbanVibroTruck, a cellular P-wave vibrator designed for reflection seismic investigations in city environments.

Supply: Arverne Group by way of Enterprise Wire