Pinsent Masons research shows carbon capture and storage (CCS) dominates Middle East low-carbon investment, with 87 per cent of investors active in CCS and 80 per cent planning further investment, while diversification grows across e-fuels, nuclear, geothermal, and emerging ocean energy.
Expro has secured a Tubular Running Services (TRS) contract with Lithium de France to support the development of new geothermal and direct lithium extraction (DLE) wells in France’s Alsace region.
Global geothermal power capacity could almost double to nearly 14 GW in the next decade, as technological advances and streamlined permitting make geothermal a more viable and sustainable baseload alternative to fossil fuels, according to Global Energy Monitor (GEM) Global Geothermal Power Tracker.
Baseload Power Taiwan has opened a local office with the Hongye Tribe and signed a Memorandum of Understanding. This follows an overwhelming tribal vote approving its lease for geothermal development, making it the first private developer to gain such consent in Taiwan.
