Table of Contents
Greenland Energy has signed a strategic agreement with Halliburton for the development of its Arctic drilling campaign planned for 2026, consolidating its progress in the exploration of the Jameson Land basin in Greenland.
The contract provides for integrated services covering well planninglogistics management and execution of onshore drilling operations. The collaboration positions Halliburton as a central player in one of the first modern exploration programs in this region.
Arctic drilling agreement
The Jameson Land Basin, located in East Greenland, is considered one of the frontier areas with the greatest hydrocarbon potential. hydrocarbons. Although it has a limited drilling history, several seismic surveys have identified multiple prospective targets.
The agreement also builds on Greenland Energy’s previous partnerships with offshore and marine logistics providers. This approach seeks to optimize technical performance and ensure efficient execution in an environment characterized by demanding weather conditions and limited access.
According to CEO Robert Price, the collaboration with Halliburton will leverage advanced technologies and operational expertise to improve drilling accuracy, safety and efficiency.
Separately, the company plans to drill its first two exploratory wells in 2026, following more than a year of logistical planning and site preparation. Greenland Energy controls approximately 2 million acres in the region, where multiple targets have been identified backed by historic and recent seismic and recent seismic data.
Source: Greenland Energy via Globe Newswire
Photo: shutterstock