CGG Ground breaking Offshore Geothermal White Paper

Unlocking the Power of Offshore Geothermal Energy: CGG's Groundbreaking White Paper

In a world where the quest for sustainable energy sources is more critical than ever, CGG, a leading global technology and Earth science company, has unveiled a groundbreaking white paper shedding light on the vast potential of offshore geothermal energy. This renewable resource, harnessed from the magmatically active ocean floor spreading centers and flooded rift systems, presents a promising avenue for meeting the world's energy needs while mitigating environmental impacts.

The research conducted by CGG scientists underscores the abundance of untapped geothermal resources lying beneath the ocean's surface. These offshore areas, characterized by their geological activity, offer an ideal environment for extracting geothermal energy alongside other valuable by-products such as freshwater, Green Hydrogen, and ammonia. This innovative approach not only diversifies the renewable energy mix but also addresses pressing global challenges such as climate change and energy security.

CGG's expertise spans over 25 years in utilizing advanced geoscience technologies to navigate the complexities of the geothermal landscape. With a patent secured for their novel combination of geological, geophysical, and engineering techniques, CGG is poised to lead the charge in exploring, developing, and monitoring offshore geothermal resources responsibly. Leveraging their global geothermal data curation capabilities and cutting-edge subsurface imaging technology, CGG aims to identify and assess the most promising offshore sites for sustainable energy production.

Peter Whiting, EVP Geoscience at CGG, emphasizes the transformative potential of offshore geothermal energy in shaping the future energy landscape. He underscores the alignment of this endeavor with the United Nations Development Programme's Sustainable Development Goals, particularly in promoting clean energy and fostering partnerships for sustainable development. Whiting's remarks underscore CGG's commitment to facilitating the rapid, responsible, and equitable development of offshore geothermal resources for the benefit of all.

CGG's white paper serves as a beacon of hope, providing a roadmap for unlocking the vast potential of offshore geothermal energy. By championing innovation, collaboration, and sustainability, CGG is paving the way towards a greener, more resilient future for generations to come.

Source: Researched and Written by Robert Buluma, alphaxioms@gmail.com

Comments

Blowout at Cape Station: Fervo Energy’s First Major Crisis After Blockbuster IPO

Just weeks after a record-breaking IPO, the flagship project of the "geothermal unicorn" faces its first major operational crisis. By : Robert Buluma Beaver County, Utah – The morning of May 27, 2026, began like any other at the Cape Station construction site in rural Utah. Workers for Fervo Energy, the newly public darling of the renewable energy world, were engaged in the complex task of drilling deep into the Earth’s crust to unlock what the company promised would be the future of 24/7 clean power. But by the afternoon, the routine had turned into a crisis. The site had experienced a blowout—an uncontrolled release of fluid or pressure from a well. For any energy company, a blowout is a serious matter. For Fervo Energy, which had just raised $1.89 billion in a blockbuster Nasdaq debut two weeks prior, it represents an immediate stress test of its technology, its safety protocols, and its $7.7 billion market valuation. While the well has since been contained and no injur...

Best Geothermal Drilling Companies in the World: Top Global Leaders, Deepest Wells, Major Projects, and Future Market Outlook

Best Geothermal Drilling Companies in the World Image: a drilling rig and a geothermal manifestation Geothermal drilling sits at the center of one of the most important but least understood parts of the clean energy transition. While solar and wind often dominate public discussion, geothermal energy offers something that many power systems still struggle to achieve: firm, dispatchable, low-carbon energy that can run around the clock. The challenge is that geothermal resources are hidden below the surface, which means the industry depends on highly specialized drilling companies capable of working in extreme heat, fractured rock, remote terrain, and high-pressure environments. The best geothermal drilling companies in the world are not all pure geothermal contractors. Some are large oilfield service companies that have adapted their drilling technology to geothermal applications. Others are specialist geothermal drillers with decades of hard-rock and high-temperature experience. A ...

Idle GDC Drilling Machines Put Sh15bn Investment Into Question

Idle GDC drilling machines put Sh15bn investment into question Image: A GDC Owned Geothermal Rig Kenya’s geothermal ambitions have long been presented as one of the country’s strongest energy success stories. Yet a fresh audit report has exposed a costly weakness inside the Geothermal Development Company , where drilling rigs worth Sh15.93 billion have raised hard questions about value for money, asset management, and the future pace of geothermal expansion. The issue is not simply that machines are sitting idle. It is that these machines were bought for a strategic purpose: to drill wells, unlock steam, and help Kenya expand one of its cleanest and most reliable sources of power. When such expensive equipment remains unused for years, the problem goes far beyond maintenance. It points to a breakdown in planning, operations, oversight, and financial discipline. For a country that relies heavily on geothermal energy to stabilise electricity supply, the implications are serious. Every id...

Geothermal Funding Rounds in June–July 2026: Quaise, Endurance, Hephae, Alberta & the Rise of Next-Gen Energy Investment

June and July 2026 marked a clear acceleration in geothermal and next-generation energy investing. Capital flowed into companies building the tools, systems, and project models needed to unlock deeper heat, faster deployment, and more reliable clean power. Image : a thematic view of a geothermal equipment The strongest signal from these months is that geothermal is no longer being viewed only as a climate technology. It is increasingly being treated as a power infrastructure category with relevance to data centers, heavy industry, utilities, and long-duration energy security. This shift matters because geothermal has always had strong fundamentals, but it has often struggled to attract the scale of capital needed to move from technical promise to commercial deployment. What changed in 2026 is the combination of improved drilling capabilities , stronger investor familiarity with enhanced geothermal systems , and rising demand for firm clean electricity. That mix has made the ...

Reliability-First Geothermal Plant Design: How PGE’s Lumut Balai Unit 3 Turns Fleet Data into High-Availability Baseload Power

Designing a baseload geothermal plant is not about hitting a single commercial operation date; it is about building a machine that can run hard, almost all the time, for decades. Pertamina Geothermal Energy’s (PGE) Lumut Balai Unit 3 project shows what it looks like when an operator bakes reliability, data, and predictive maintenance into the plant from day one instead of trying to bolt them on later. Building Reliability In From Day One: Inside PGE’s Lumut Balai Unit 3 Pertamina Geothermal Energy is developing a 55 MW geothermal plant at Lumut Balai in Indonesia that is scheduled to start operations in 2030, but the critical work is happening now, long before first steam. Rather than treating Unit 3 as a standalone asset, PGE is designing it as part of a living fleet,using detailed data from existing units to guide every major decision. Operations director Andi Joko Nugroho captures the mindset in a single line: “A baseload geothermal plant cannot be designed only to achieve comm...

Geothermal Salary Guide 2026 by Country: USA, Germany, UK, Canada, Netherlands and Global Pay Outlook

Geothermal Salary Guide 2026 by Country Geothermal careers in 2026 are being shaped by a stronger global push for firm, low-carbon energy, rising demand for skilled drilling and subsurface talent, and the expansion of heating, cooling, and power applications. The market is no longer just about traditional geothermal power plants ; it is also being pulled forward by data center demand , heat decarbonization , and next-generation geothermal technologies such as enhanced geothermal systems . Those trends are creating new salary pressure in countries with mature energy sectors and strong technical labor markets. The most attractive salary markets in this group are the United States, Germany, the United Kingdom, Canada, and the Netherlands, but each country offers a different mix of base pay, taxes, benefits, and career growth. The right way to evaluate geothermal pay is to look at both nominal salary and real purchasing power, because a higher number on paper does not always mean better ta...

Tenerife Geothermal Drilling: TAQA and SGI Launch First Deep Geothermal Exploration Well for Spain’s Clean Energy Future

TAQA and SGI Begin Drilling Tenerife’s First Deep Geothermal Exploration Well: A Major Step for Spain’s Clean Energy Future Image: TAQA equipments in the field Tenerife crossed an important threshold in its energy transition. The island’s first deep geothermal exploration well, TSA-1, officially entered the drilling phase, marking a historic moment not only for the Canary Islands but for Spain’s wider renewable energy ambitions. For a region long seen as a strong candidate for geothermal development, this is the point where possibility turns into action. The campaign is being carried out by Soluciones Geotérmicas Integradas , better known as SGI, a wholly owned subsidiary of TAQA , after the project received its critical “Ready-to-Spud” notification from Geotermia de Tenerife, the project owner. That signal may sound technical, but its meaning is simple: all planning, engineering, logistics, and permitting steps are complete, and the drill can finally go into the ground. In...

Colorado Geothermal RFP: 6,597 Acres Open for Clean Energy Development

Colorado Opens 6,597 Acres for Geothermal Development: Why the State’s New RFP Could Reshape America’s Clean Energy Map Image: A map which depicts the land area Colorado has taken a notable step toward becoming a serious geothermal market. In July 2026, the Colorado State Board of Land Commissioners issued a Request for Proposals inviting qualified developers to explore, finance, permit, construct, and operate geothermal energy projects on state trust land across five counties. This is more than a routine land notice. By asking for complete development teams rather than simple speculative leaseholders, Colorado is signaling that it wants real projects, real timelines, and real electricity generation from its geothermal acreage. A different kind of geothermal RFP Most land offerings in the energy sector focus on access rights first and development later. Colorado’s geothermal RFP is broader, requiring bidders to show they can move a project from resource exploration through financing, ...

Superhot Geothermal Energy Breakthrough: Iceland Advances IDDP-3 Deep Drilling Project

A major step in superhot geothermal development, contract signed for the first IDDP-3 research well Iceland has long been a global leader in geothermal energy, but the latest development around the Iceland Deep Drilling Project, IDDP-3, pushes that reputation even further. Orkuveitan has signed a contract with Jarðboranir hf. to drill the first research well in the third phase of the project, marking a major milestone in the preparation of one of the most ambitious geothermal research efforts in the world. The drilling is expected to begin later this year at Nesjavellir, and the project could help unlock a new frontier in superhot geothermal energy. The announcement is significant not only for Iceland, but also for the global renewable energy sector, which is increasingly looking for scalable, high efficiency ways to deliver clean baseload power and high temperature heat . What superhot geothermal means for the energy transition Superhot geothermal refers to extremely high temperature...

Eavor steps back from operator role in the Geretsried geothermal project

Eavor at the Crossroads: What Geretsried Really Tells Us About the Future of Closed-Loop Geothermal By Alphaxioms Geothermal Insights | May 13, 2026 For years, Eavor Technologies was the geothermal sector's most talked-about enigma. The company raised hundreds of millions of dollars, attracted backing from heavyweights including BP , Chevron , Helmerich & Payne , and Temasek , and made bold promises about a proprietary closed-loop technology that would quietly revolutionise how humanity extracts heat from the earth. But it rarely said much in public. The secrecy was, to many observers in the geothermal community, a feature rather than a bug — protecting intellectual property, managing competitive intelligence, buying time. Now, Eavor is talking. And what it is saying is worth listening to very carefully. In an exclusive interview published on May 13, 2026, by GeoExpro editor Henk Kombrink, Eavor's new president and CEO Mark Fitzgerald — who took the role in October 2025 ...

Geothermal Project Finance Structuring: SPVs, Mezzanine Debt, Blended DFI Finance and Contingent Capital for Drilling Risk

Geothermal Project Finance Structuring: SPVs, Mezzanine Debt and Blended Capital for Drilling Risk Image : A depiction of a geothermal complete project Geothermal power sits in an awkward place on the project finance spectrum. It behaves like long‑lived infrastructure once it’s operating, but it looks like frontier exploration during the early drilling phase. To build bankable deals in that environment, developers and investors have had to invent a toolkit of SPV structures, mezzanine drilling tranches, blended public–private finance and contingent instruments that allocate subsurface risk without blowing up returns. This is not just a technicality for lawyers and bankers. The way geothermal deals are structured determines whether otherwise viable resources ever reach financial close. It also shapes how much upside sponsors keep via GP carry, how quickly equity can recycle, and how development platforms position themselves in a crowded clean‑energy pipeline. Why geothermal is stru...

ALPHAXIOMS Geothermal News & Energy Research

Search This Blog

Just In

Geothermal Steam Output Gap, Decline, Integrity, and Life Extension