Middle East
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Project Updates
Second well spudded in the Tulu Moye Geothermal Project
The second out of three exploration wells of the Tulu Moye Geothermal Project, GA2, was spudded on November 28, 2020. The drilling of the first exploration well of the project, GA1, was completed earlier in the month on November 7th. The project area is located in the...
Corbetti Geothermal Press Release: Drilling-Tender
Corbetti Geothermal PLC is very pleased with the results of the Pre-Qualification for the provision of drilling services and material for 26 geothermal wells in the Corbetti caldera. The companies participating the ongoing tender represent some of the strongest...
US International Development Finance Corporation invests $1.5 million to the Tulu Moye Geothermal Project
A commitment of $1.5 million USD has been made to the Tulu Moye Geothermal Project by the US Development Finance Corporation. The investment will go towards the technical development of the Tulu Moye Geothermal Power Plant, in Ethiopia. The first phase of the...
Declaration of Intent between Reykjavík Geothermal and Ölfus
On the 20th of August 2020 a town council meeting was held where the Öfus municipality in Iceland approved Reykjavík Geothermal's plans to carry out reconnaissance/exploration surface study of the wider Bolaalda area. Furthermore, the town council of Ölfus...
First Steam Encountered in Tulu Moye well GA-1
Reykjavík Geothermal along with Tulu Moye Geothermal Operations PLC (TMGO) is excited to announce that the first geothermal exploration well in the Tulu Moye concession, known as well GA-1, has hit steam! The steam was encountered at a depth of 650 m....
