Nabors: Invests in GA Drilling – an Ultra-Deep Geothermal Drilling Technology Innovator
Nabors Industries Ltd. adds to its clean energy portfolio with a USD $8 million investment in GA Drilling, a.s.. This strategic investment expands Nabors’ commitment to deep-drilling technologies tapping super-hot, ultra-deep rock reservoirs. GA Drilling, a geothermal technology company with headquarters in Bratislava, Slovakia, is a pioneer in plasma drilling. …
Slovakia-Based GA Drilling Receives Significant Funding from Lead Ventures and Signs Service Agreement with MOL Group
GA Drilling signed a EUR 4.2 million funding agreement with Lead Ventures and a service agreement with MOL Group. Lead Ventures, a Budapest based venture capital firm invested funds provided by MOL Group, and Hungarian Eximbank. The deal gives GA Drilling access to onshore production wells to test its disruptive …