GeoRigg AS

GeoRigg AS is a technology-company with a patent on a concept for drilling of wells for
geothermal energy. The starting-point of our drilling concept  is drilling for petroleum
offshore. In additional we benefit from last 10 years of development within electronics
an electro-technology. The outcome is a concept with the potential of reducing the cost
of geothermal drilling to quarter (ΒΌ). This opens up for a coordination of Norwegian services
within Geothermal Energy on the world market. GeoRigg AS is supported by Innovation
Norway and The Norwegian Research Council.

Forsknings- og nyskapingsprisen 2010

Rogaland Forsknings- og Nyskapingsfond. Som består av NHO, Rogaland Fylkeskommune, Universitetet i Stavanger og Stiftelsen Rogalandsforskning. Utdelingen fant sted 10. januar, og prisen var på 100.000 kr.

Technical Innovation Award

DnB NOR, the biggest bank in Norway, invites regularly to compete on "Technical Innovation of the Year".

GeoRigg was awarded the first prize (NOK 200.000,-) for Rogaland and Agder, with an invitation to the "2010 National Innovation Competition" on 15 September 2010 in Oslo (NOK 1 million).

NRF grants NOK 7.5 million

Within the concept of Green Energy, NOK 7.5 million was granted by Norwegian Research Council (NRF) to support the consortium of GeoRigg AS and Norhard AS for developing a novel drilling concept for Geothermal Energy. A total budget of NOK 15 million will be allocated for 3 years on this project, started January 2010.