Vallourec announces investment in Closed Loop Geothermal Company GreenFire Energy

Vallourec announces investment in Closed Loop Geothermal Company GreenFire Energy

Meudon (France), May 3, 2022 – Vallourec, a world leader in premium tubular solutions, announces an investment in GreenFire Energy Inc., an American start-up developing Advanced Geothermal Systems based on its innovative technology called GreenFire’s GreenLoop ™. This transaction was carried out as part of a "Series A" funding alongside other major investors, Baker Hughes and Helmerich & Payne.

Vallourec and GreenFire Energy have been working together since 2019 on several successful Closed- Loop Geothermal demonstrators in various fields. This investment will further strengthen the relationship between the two companies.

Rock Mechanics Course Now Available for Geothermal Canada Members

Geothermal Canada is proud to provide a full on-demand Rock Mechanics course to its members.

Presented by Dr. Maurice Dusseault, of the University of Waterloo, this 25 session course is intended to cover all aspects of rock mechanics and its application in industry. Rock mechanics is an important aspect in understanding a geologic reservoir and mitigating/predicting the risks related to induced seismicity.

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Is Geothermal Energy Finally Seeing the Light of Day?

Mention geothermal energy 20 years ago and you’d be met with blank stares. Now production is surging worldwide and Canada is finally starting to get in on the action, drawing heat from the earth’s core everywhere from the University of Toronto to Fort Nelson First Nation.

New Geoscience BC Report Boosts Understanding of Geothermal Potential in Mount Cayley Area

Geothermal energy potential in the Mount Cayley area can be better understood thanks to a new Geoscience BC report and data examining the geology and ground temperature.

AER Public Information Session on Minerals

The AER invites you to a virtual public information session on May 11, 2022, to discuss the future regulation of brine-hosted minerals as part of a phased engagement approach. Brine-hosted minerals are typically found in underground saltwater and are mostly extracted through well infrastructure. Brine-hosted minerals will be the focus of this session.



University of Calgary Geothermal Technical Update and Launch of UNWASTE

Join the U of C Geothermal Energy Lab for a technical update on research topics in geothermal energy systems and for the launch of the UNWASTE research initiative.

Progress Continues for DEEP

DEEP continues to advance the Company’s first ~35 Megawatt (MW) geothermal power facility in southeastern Saskatchewan; as a Canadian first, the facility is planned to produce emission-free baseload power.

Edson in Support of New Geothermal Innovation Hub

As noted in an article by the Daily Oil Bulletin, Eavor is accelerating its efforts to create a new hub of innovation, focused on showcasing Albertan drilling technology to a global audience. The Eavor team is working to create the Canadian Centre for Geothermal Drilling and Technology Excellence as part of this endeavour.

Geothermal Heats Up: Alberta 'Clean' Projects Poised to Energize the Province and the World

This article from the Daily Oil Bulletin provides a good overview of the current status of geothermal projects in Alberta.

Third Annual Canadian Geothermal Students' Days (CGSD 2022)

Canadian Geothermal Students’ Days is returning to an in-person format in August 2022. Join us at the University of Alberta in Edmonton for two days of student talks, keynote speakers, industry panel, networking and more.

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