Geothermal resources are not only used for electricity but also for direct usages, such as space heating, greenhouses and more. Archer, through its joint venture Iceland Drilling, offers drilling services for geothermal district heating. We provide nine rigs with experienced crews and specialized equipment needed to drill wells for residential and industrial heating. Today about 9/10 of all households in Iceland are heated with geothermal energy. Our aim is to accelerate the industrialization of district heating and cooling projects in Europe.
