News: June 2013

Research project on the roots of geothermal systems - 19.6.2013

The science community, energy companies and Orkustofnun have agreed to devote about ISK 100 million to research on the interaction of water and magma in volcanic roots.  To learn how this interaction occurs and how heat is transferred from the magma into the geothermal systems is key to acquiring a deeper understanding of the rational utilization of geothermal energy. Read more

A Chinese oil company will participate in the application by Eykon Energy - 5.6.2013

The Chinese oil company CNOOC International Ltd has decided to participate in the application of Eykon Energy for an exploration and production licence in the Dreki Area. Read more