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Geothermal

Thursday
22 Aug 2024

Tripartite MoU Signed for Geothermal Potential Assessment of Malaysia

22 Aug 2024  by thinkgeoenergy   

Signing of MOU between IGM, DGeG, and Primeval Energy, as witnessed by SEDA, during the International Sustainable Energy Summit in Kuala Lumpur (source: Primeval Energy)
A Memorandum of Understanding (MoU) has been signed between UK-based geothermal solutions company Primeval Energy, the Institute of Geology Malaysia (IGM), and Digital Geoscience Global Sdn Bhd (DGeG) to conduct thorough assessments of geothermal energy potential in Malaysia. The partnership was signed during the International Sustainable Energy Summit held in Kuala Lumpur on the 21st of August 2024.

The consortium of organisations will work together to facilitate the development of geothermal energy projects in country.

“DGeG is thrilled to partner with IGM and Primeval Energy in developing Malaysia’s geothermal energy potential. This partnership marks a significant milestone in Malaysia’s journey towards a sustainable energy future. By tapping into the vast potential of geothermal energy, we can reduce our reliance on fossil fuels, mitigate climate change, and build a greener Malaysia for generations to come,” said Sarah Rahman, PGeol, COE of DGeG.

DGeG is a geology services provider offering robust solutions based on an innovative integrated digital geology approach. The group has worked in a variety of energy fields, including petroleum, karst geohazards, carbon capture and storage, geothermal, and mining.

IGM is a society with a broad scope of responsibilities in Malaysia. One of those responsibilities is to assist, advise and cooperate with government departments and other private or public bodies in an honorary capacity on questions relating to the science of geology and policy in respect of land and earth resource utilisation and all other matters connected therewith.

“IGM serves as the central institution for professional geologist development in Malaysia. This initiative fosters knowledge exchange between local and international experts to promote geothermal energy as a key component of the country’s green energy agenda. Given the nascent stage of Malaysia’s geothermal industry, collaboration with external partners is essential for further development,” said P.Geol. Gs. Abd Rasid Jaapar, F.I.G.M, FGS, MIGRSM, President of the Institute of Geology Malaysia.

Primeval Energy is a U.K. registered international geothermal energy development company. The company’s unique Technology Agnostic approach allows for the optimisation of geothermal solutions without technological restriction. The Primeval team combines geothermal and oil & gas expertise for field evaluation and management, plus technology expertise which allows the team to assess the potential of a partner’s asset and the most appropriate technologies to use.

The company had also recently entered a strategic partnership for a geothermal desalination project in Southern California.

“We are delighted to enter a long-term partnership with such forward thinking organisations as IGM and DGeG. Malaysia sits between two of the world’s most prolific geothermal energy producers, making it a prime location for large scale geothermal energy production. At Primeval we feel privileged to be a part of the geothermal journey of Malaysia,” said Andy Wood, CEO of Primeval.

The MoU ceremony was attended by Sarah Rahmen, CEO of DGeG, Adam Hashim, Vice President cum Chairman of Hydrogeology & Groundwater resources technical committee and Andy Wood, CEO of Primeval. It was witnessed by representatives from the Sustainable Energy Development Authority (SEDA): Yb Lee Chean Chung, Member of Authority, Ybrs Dr Nurmazilah Dato’ Mahzan, Member of Authority and Mr. Koh Keng Sen, Chief Operating Officer.

SEDA is the Malaysia is a statutory body formed under the Sustainable Energy Development Authority Act 2011 [Act 726]

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