French geothermal and lithium player Arverne Group (Arverne) and tunnel boring specialist Herrenknecht AG have entered into a strategic partnership to form a new entity based in Pau, France called DrillDeep that is dedicated to deep geothermal energy.
Already long-standing partners, months of collaboration between the two players have resulted in the design of a new hydro-electric drilling rig that has a lower environmental impact and is better suited to drilling operations in urban areas. This new step in their collaboration aims to contribute in strengthening the capacities and technologies of Europe in the development of renewable energies, including geothermal.
“It is an honor for us to strengthen our relationship with Herrenknecht AG, an internationally renowned company recognized for the quality of its work. The decision of Herrenknecht AG to partner with us demonstrates their confidence in the model and skills of Arverne Group to seize development opportunities in the deep geothermal sector. Through this partnership, we secure our future operations by consolidating our integration strategy, while continuing to meet the growing needs of our customers in terms of drilling,” said Pierre Brossollet, CEO of Arverne Group.
This partnership reinforces the strategy of the Arverne Group of offering a complete range of services across the entire geothermal value chain.
Lithium de France, a subsidiary of Arverne Group, had recently been awarded a license for geothermal and lithium exploration in the Bas-Rhin region of France – already the fourth license awarded to the company. Lithium de France had already launched a number of subsurface studies and exploration campaigns in Northern Alsace, collecting information for mapping of a significant of the subsurface covered by previously awarded licenses.
Herrenknecht Vertical GmbH, a wholly owned subsidiary of Herrenknecht AG, has twenty years of experience in the drilling sector and is a well-known supplier of drilling rigs for both geothermal and oil and gas sectors. The company had recently announced the development of the UrbanVibroTruck, a mobile P-wave vibrator designed for reflection seismic investigations in urban environments.
