The tender will close by 20 September 2024. For more details on the tender and how to participate, the official tender website can be accessed via this link.
The tender is divided into three categories according to the size requirement of the drilling equipment. Participants may submit tenders for one or more of the following categories:
25 tonne lifting capacity – Research wells, intended for exploration of new areas, with the possibility of expanding them and being used as water intake wells
LOT 1 – Drilling of ten (10) pilot wells for economic exploration and production, including all completion work
60 tonne lifting capacity – Research wells in new areas in Henglin and water intake wells
LOT 1 – Consists of drilling of eleven (11) Vertical production and Slimhole exploration wells, including all completion work
LOT 2 (Optional) – Consists of drilling of up to eight (8) additional Vertical production and Slimhole exploration wells, including all completion work
100 tonne lifting capacity – Directionally drilled water intake wells for the acquisition of Hitaveittin’s increased reserves
LOT 1 – Consists of drilling of four (4) Directional production wells, including all completion work
LOT 2 (Optional) – Consists of drilling of up to two (2) additional Directional production wells
“The energy provider works systematically to increase the production of renewable energy towards a carbon-neutral future, which should be the goal of all of us. But with this we are also supporting growing communities, homes and businesses. The scale of the tender is confirmation that we intend to significantly increase the supply of energy here in the coming years,” said Sævar Freyr Þráinsson, CEO of Orkuveitun.