Orkuveitan’s Ambitious Geothermal Drilling Project: Paving the Way for a Sustainable Future By : Robert Buluma In a landmark move toward bolstering Iceland’s energy security and sustainability, Orkuveitan, the Reykjavik-based energy company, has launched a significant tender process for its latest geothermal drilling initiative. This project, which aims to drill 35 new exploratory and water extraction wells by the end of 2028, marks the largest water procurement venture in recent years. With its eyes set on a carbon-neutral future, Orkuveitan is taking a crucial step forward in ensuring the sustainability of the nation’s geothermal resources. The primary goal of this extensive drilling project is twofold: to secure long-term water supply for the nation’s heating needs and to explore new geothermal fields that hold potential for future development. The company’s approach to this project reflects a commitment to environmental stewardship, utilizing electric drilling rigs to minimize car
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