Posted inEnergy Transition

ADNOC Drilling, Masdar sign deal for geothermal projects

ADNOC Drilling has signed a 5-year deal with Abu Dhabi’s clean energy pioneer Masdar to develop, invest, and advance energy transition globally and in the UAE. Under the scope of the deal, Masdar will work with ADNOC Drilling on geothermal energy projects. The companies will evaluate the potential for ADNOC Drilling to provide geothermal drilling services. […]

Posted inEnergy Transition

TAQA signs agreement to establish Riyadh-based geothermal venture

PIF-backed Industrialisation and Energy Services Co (TAQA)  has signed a joint venture agreement with Reykjavik Geothermal to establish TAQA Geothermal Energy LLC, headquartered in Riyadh, Saudi Arabia. TAQA Geothermal will explore and develop geothermal resources in Saudi Arabia and the MENA region contributing to Saudi and Middle East Green Initiatives’ decarbonisation targets. TAQA said in […]