Connecting advanced technologies to establish reliable baseload energy from geothermal resources.

In line with the strategy to develop solutions for the energy transition, Saipem has signed a Memorandum of Understanding with Geolog and Ignis H2 Energy, companies specialized into the geothermal sector. The goal is to develop advanced technological solutions and conduct feasibilities studies for new geothermal plants in order to obtain clean and renewable energy, in Italy and on a global scale.

We are thrilled to announce that one of ignis H2 Energy Inc. advisor, Prof. Alper BABA, has been recognized in the prestigious list of The World’s Most Influential Scientists, a study conducted by Stanford University.

This comprehensive research evaluated experts across 22 scientific disciplines and 176 sub-disciplines. This global recognition not only highlights his groundbreaking contributions to science but also his dedication to advancing innovation and knowledge in his field.

Prof. BABA completed his bachelor’s degree in Geological Engineering at the Faculty of Engineering and Architecture, Dokuz Eylul University in 1992 and completed his Master’s and Ph. D. degree in Applied Geology at the at the same university. In 2001, he became an Assistant Professor, and in 2006, an Associate Professor in the Department of Geological Engineering, Çanakkale Onsekiz Mart University.

He also conducted research at the United Nations University Geothermal Energy Program (Iceland) in 2003 and at Wayne State University (USA), Department of Civil and Environmental Engineering in 2005. From 2009 to 2013, he worked as an Associate Professor in the Department of Civil Engineering at the Faculty of Engineering, Izmir Institute of Technology (IYTE). In 2012, he was a visiting professor at the University of Toronto (Canada), Department of Environmental Sciences. Since 2013, he has been a Professor in the Department of Civil Engineering, IYTE and currently he is the Vice Rector of this Institution. The expertise and study areas of Prof. BABA are Water Resources, Geothermal Energy, Groundwater Contamination, Hydrogeology, Environmental Geology and Engineering Geology.

At ignis H2 Energy Inc., we are fortunate to collaborate with influential minds, and this milestone further motivates us in our mission to lead the way in geothermal exploration and beyond.

With geology and geochemistry surface campaigns completed, Ignis Energy has commenced MT surveys at the geothermal exploration sites in Bingöl, Türkiye.

Ignis Energy (Ignis) has reported that the collection and analysis of water samples at the company’s geothermal sites in the Bingöl region in Türkiye. The exploration campaign now progresses to geophysical measurements in areas where surface geology and geochemistry studies have been completed.

This will be the second Magnetotelluric (MT) survey campaign that Ignis will be conducting in the Bingöl region. The survey will be essential in mapping subsurface conductivity, thus identifying potential geothermal reservoirs and deepening the understanding of the region’s geological structure.  The insights gained will play a crucial role in shaping the exploration and development strategies of Ignis, bringing the company one step closer to delivering sustainable, innovative energy solutions.

The MT survey will collect data at 400 points to assess the geothermal reservoir’s structural and hydrogeological characteristics. By analyzing subsurface electrical conductivity, the survey will map the geothermal potential and fault zones. Identifying deep hot water and steam reservoirs will guide future drilling operations, providing a more detailed and reliable assessment of the area’s geothermal potential.

The region where Ignis obtained geothermal exploration licenses is important as it falls within the intersection area of the North Anatolian Fault Zone (NAF) and the East Anatolian Fault Zone (EAF). The region, where intense tectonism is observed, hosts many natural outflows with temperatures ranging between 30 °C and 68 °C, as well as rich geothermal manifestations indicating the existence of a strong geothermal energy source. Ignis had been awarded the three geothermal resource exploration licenses for this region back in 2023.

Ignis is working FNC Petrol Madencilik Sanayi ve Ticaret A.S., a company specializing in Magnetotelluric surveys.

Ignis Energy and GeoAlaska are dedicated to uncovering promising geothermal reservoirs. Their ongoing efforts aim to harness the energy beneath the surface using traditional geothermal methods.

Ignis H2 Energy Inc., a pioneering geothermal energy company and Baker Hughes, a global leader in energy technology, are excited to announce their strategic collaboration aimed at unlocking the vast potential of geothermal reservoirs from Ignis Energy’s global portfolio.

Reservoir Characterization and Optimization:
Ignis Energy boasts a diverse exploration portfolio spanning multiple continents. With access to geophysical and geological data, Ignis Energy is well-positioned to tap into Earth’s natural heat. Baker Hughes’ reservoir experts will closely collaborate with Ignis Energy to define and characterize its geothermal reservoirs. By leveraging cutting-edge modeling techniques and comprehensive data analysis, the team will establish an in-depth understanding of subsurface conditions. This knowledge will enable precise risk assessment and optimization strategies, ensuring the selection of optimal power generation methods.

Minimizing Uncertainty:
Geothermal energy holds great promise, but it also presents inherent risks. Baker Hughes’ involvement will significantly derisk Ignis Energy’s portfolio. Through rigorous assessments, the team will identify optimal drilling locations, assess reservoir behavior, and quantify resource potential. Minimizing uncertainty is crucial for attracting further investment and accelerating geothermal development.

With an expanded geothermal prospect area, GeoAlaska will be doing a second geophysical campaign at Augustine Island, Alaska to better delineate the resource.

ignis H2 Energy Inc. is pleased to announce Danny Rehg has joined the team as Vice President of Operations to better support our next operational activities as we gear up to drill our first wells later this year.

Danny is a seasoned business leader, innovator, and entrepreneur with a strong track record of building companies and spearheading transformative initiatives. His extensive background encompasses management and engineering across diverse sectors including oil & gas, geothermal energy, operations, well construction, subsurface engineering, capital planning, and optimization.

Previously, Danny co-founded and served as CEO of Criterion Energy Partners, an independent exploration and production company. At Criterion,
Danny led efforts focused on developing decentralized direct geothermal energy projects. These initiatives were aimed at assisting commercial and industrial consumers in reducing emissions and enhancing operational efficiency. Prior to this, Danny worked for Endeavor Energy Resources, LP and Anadarko Petroleum Corporation leading large scale upstream oil & gas development initiatives. Danny holds a B.S. in Petroleum Engineering from the University of Oklahoma and an MBA from Rice University.

ignis H2 Energy Inc. is pleased to announce the addition of Erik Layman to its Technical Advisory Team.

Erik developed the resource concept for Ignis’ California opportunity and will play an essential role in developing this project into a geothermal 24/7 baseload energy producer that allows California to progress on the commitment of 100% renewable energy by 2045.

Erik has over 35 years of experience in the geothermal industry in the U.S. and overseas. His work focuses on geoscientific studies of geothermal reservoirs, geothermal resource assessment and management of exploration and development of geothermal projects. He has held technical and management positions in the geothermal divisions of Chevron and CalEnergy (now MidAmerican Energy).

As Exploration Manager for Chevron, he managed all geoscientific work for the initial exploration drilling program at the Darajat project in West Java, Indonesia. As Geothermal Resource Manager for CalEnergy, he directed the resource development program for the Dieng, Patuha and Bali projects (Indonesia). His responsibilities included targeting, drilling, and assessment of 35 production test wells and 28 deep temperature gradient boreholes at the three projects, and management of up to 6 rigs. Under his direct supervision, this program achieved 271 MW of steam at the wellhead from the three projects, and delineated sufficient energy reserves to achieve closure for US $520 million in project financing.

ignis H2 Energy Inc. (Ignis Energy) announced that the company is entering into a strategic partnership with PT IMECO INTER SARANA (Imeco), an Indonesian Energy and Industrial Infrastructure Development Company. This strategic partnership will help accelerate the development of already identified geothermal opportunities in Indonesia.

Ignis Energy is focused on evaluating and advancing opportunities that lead to becoming a Geothermal power producer in multiple countries. This strategic partnership with Imeco is highly synergistic and allows Ignis Energy to use its market-leading technical capabilities alongside those of Imeco to bring geothermal baseload power capabilities into the Indonesian market. Adding geothermal opportunities in Indonesia will add a significant growth to Ignis Energy’s international portfolio (which already comprises projects in US, Italy and Turkiye) and support the company’s goal to achieve one gigawatt of proven geothermal reserves by 2030.

Ignis Energy and Imeco are supported by Ignis Energy’s sister company GEOLOG International (GEOLOG) which has been established in Indonesia since 2007. GEOLOG is a global leader in subsurface characterization and drilling optimization, with over 40 years’ experience performing services during exploration, development, and appraisal programs for Oil & Gas, Geothermal and CC&S customers globally.

ignis H2 Energy Inc. (Ignis Energy) is entering into a partnership with Primeval Energy Ltd (Primeval). In this strategic partnership the Primeval subsurface and wells team will assist Ignis with thorough assessments of the growing portfolio area with geological, geophysical, hydrological, and geochemical reviews. Andy Wood, CEO of Primeval, said that “the Primeval team combines geothermal and oil & gas expertise for field evaluation and management, plus technology expertise which allows the team to assess the potential of a customer’s asset and the most appropriate technologies to use. We are delighted to enter a long-term partnership with such a pragmatic, forward thinking company as Ignis Energy.”

“Ignis Energy is focused on evaluating and advancing opportunities that lead to becoming a Geothermal power producer in multiple countries.” - Richard A. Calleri mentioned and continued – “This strategic partnership will add speed to the significant growth of Ignis Energy’s international portfolio. Ignis Energy already gathered projects in the US, Italy and Turkiye furthering the company’s goal to achieve one gigawatt of proven geothermal reserves by 2030.”

Ignis is pleased to announce the addition of a new advisor, Luca Xodo, to its Senior Technical Advisory Team. Mr. Xodo, formerly of Exergy ORC, currently serves as Steam S.r.l.'s Global Sales and Partnerships Director and is joining Ignis's advisory team after being elected chairman of the European Technology & Innovation Platform (ETIP) for Geothermal for the 2024-2026 term. He is expected to support Ignis's international expansion in many areas, with a particular emphasis on Surface Facilities & Power Generation.
 
Richard A. Calleri, Ignis Energy CEO, commented, “Luca’s 15 years of experience in planning, procuring and constructing geothermal power plants around the world will add a key core competence to the team as we move forward with our numerous projects in the USA, Turkey and Europe. We are very happy and lucky to have him on the Ignis team.”

The Alaska Department of Natural Resources Division of Oil and Gas has issued the final written decision for the Augustine Island Non-Competitive Geothermal Prospecting Permit. In line with the decision, the permit will be issued to GeoAlaska LLC, in which Ignis Energy is a partner, to explore geothermal resources on state-owned, unencumbered lands.
 

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The area is at the intersection of two of Türkiye’s largest fault zones and had been given an operating license for a health tourism project.

IGNIS ENERGY’S Turkish subsidiary has been granted three geothermal exploration permits in Bingöl, Türkiye.

Transferring its vast experience in the Oil and Gas industry to the geothermal energy sector to develop and evaluate different technologies for sustainable energy production, Ignis Energy expanded its geothermal portfolio in Turkiye with these exploration licenses.

These new licenses fit well in the context of Ignis’ approach of building up a risk balanced portfolio of geothermal opportunities. The overall approach provides a wide selection of geothermal development opportunities that all advance on separate timelines.

Ignis approaches each geothermal project with the awareness of evaluating it within the unique structure of the project and its own context. Ignis CEO Richard Calleri said, “We understand the need for an expedient line of sight to production to make projects financially viable,” and underlined their goal to achieve a portfolio that identifies 1GW of renewable energy production capacity by 2030, utilizing mainly traditional technology for exploitation of geothermal resources but also the ability to tap into emerging technologies where this technology fits. Ignis has done selective technology investments with leading providers that allow the company to utilize these as needed.

Ignis has geothermal licenses with a wide range of energy production potential ranging from mainly traditional hydrothermal systems to some opportunities that may require engineered solutions like EGS and Closed Loop designs " Overall our portfolio is aimed to be technology agnostic and it supports the needed scalability in geothermal by providing the opportunities that these engineered solutions need to prove their abilities." said Chief Operating Officer Marcus Oesterberg.

The push into Turkiye is clear as Turkiye still uses only a small part of its geothermal potential. There is incredible energy potential waiting to be discovered in the East. "We are working to reveal this and turn it into long term value for the Turkish people and the region." said Country Managing Director Cannur Bozkurt.

The region where Ignis obtained geothermal exploration licenses is important as it falls within the intersection area of the North Anatolian Fault Zone (NAF) and the East Anatolian Fault Zone (EAF). The region, where intense tectonism is observed, hosts many natural outflows with temperatures ranging between 30⁰C and 68⁰C, as well as rich geothermal manifestations indicating the existence of a strong geothermal energy source.

We are delighted to introduce Merve Uytun, whose geotechnical services and groundwater career began in 2014 at the State Hydraulic Works Regional Directorate (DSI). Over the years, Merve has demonstrated her dedication and expertise in various facets of geology engineering and geothermal energy.

During her tenure at DSI, Merve took on various responsibilities related to geotechnical services and shallow groundwater projects, showcasing her commitment to advancing the field. Additionally, she gained valuable insights into oil reservoir properties while interning at the Reservoir Geology Unit during her undergraduate education.

Merve's proficiency extends to Geographic Information Systems (GIS), groundwater, and geothermal issues, making her a versatile asset to any team. She actively contributed to project management, press publications, congresses, and training activities organized by the Izmir Chamber of Geological Engineers and various non-governmental organizations, further solidifying her role as a knowledgeable and engaged professional in the industry.

Since 2021, Merve has been serving as the editor and country manager of "Jeotermal Haberler," the Turkish language platform of ThinkGeoEnergy. This role reflects her commitment to sharing geothermal energy insights and fostering dialogue within the community.

Merve holds a Bachelor of Science in Geology Engineering from Dokuz Eylül University and is currently pursuing her M.Sc. degree at the Dokuz Eylül University Institute of Science, focusing on CO2 storage possibilities for Geothermal Power Plants in Western Anatolia. Her dedication to furthering our understanding of geothermal energy and its potential for a sustainable future is truly commendable.

GeoAlaska collecting geophysical data for geothermal, huge step forward

Following approval of the South Augustine Island Geophysical Exploration and Land Use Permit to collect geophysical data between July 15 and Sept. 30, GeoAlaska LLC mobilized its geophysical survey team from Homer to Augustine Island on the morning of July 26. Mobilization involved three landing craft boatloads of supplies and equipment, a geophysical crew and a helicopter.

On March 1, Ignis H2 Energy Inc., a global leader in connecting advanced technologies to establish reliable baseload energy from geothermal resources, and GeoAlaska LLC, a geothermal focused exploration and development company based in Anchorage, announced a new partnership to explore for and produce reliable baseload energy from geothermal resources in Alaska.

We are pleased to announce the appointment of Cannur Bozkurt as the new Vice President for Business Development at our company. With over 12 years of experience in the geothermal industry, Cannur brings a great knowledge and expertise to our team.

Cannur's career began in the Oil & Gas Industry, where she worked for 10 years in both onshore and offshore G & G Departments as an exploration and wellsite geologist and petrophysicist. In 2011, she began her geothermal journey with Transmark Turkey as country manager. Since then, she has been involved in developing geothermal sources and providing project management services to the geothermal market, including EU project involvements.

In addition to her work in the geothermal industry, Cannur has also served as the Manager of TAQA's Geothermal Center of Excellence and was most recently the Managing Director for Enerchange Turkiye. She holds a Bachelor of Science in Geology/Hydrogeology Engineering from Hacettepe University and has completed IFP's Geoscience Graduate Diploma Program.

As the new VP for Business Development, Cannur will be responsible for identifying and pursuing new business opportunities, developing strategic partnerships, and expanding our company's presence in the geothermal industry. We are confident that her extensive experience and expertise will help us achieve our goals and continue to grow as a company.

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Ignis Energy, a leading renewable energy company, has announced the appointment of Sam Abraham to its board of directors. With over 30 years of experience in the oil and gas and geothermal industry, Sam brings a wealth of knowledge and expertise to the company.

Sam has worked for both operators and major oilfield service companies in South East Asia, New Zealand, East Africa, and North America. He has managed remote start-up projects and worked on regulations for the geothermal drilling industry in Africa. Sam also consults for the World Bank as a subject matter expert in geothermal project management and drilling.

Sam holds a M.Sc. degree in Petroleum Technology from Pune University, India, and an M.S. in Engineering Management from National University, California. He is currently a Ph.D. candidate in Petroleum Engineering from the University of Oklahoma.

We are thrilled to announce that Marcus Oesterberg has joined our team as the new Chief Operating Officer (COO) of Ignis Energy. With over 32 years of experience in the energy industry and holding over 16 patents, Marcus brings a wealth of knowledge and expertise to our company.

Marcus began his career in 1995 at Baker Hughes in Celle, Germany, and later relocated to the United States in 1997. During his tenure at Baker Hughes, he held various roles in Technical Services, Deepwater Project Management, Repair & Maintenance, Global Marketing, Off- and Onshore Operations, and as the Global Product Management Executive for Directional Drilling.

Prior to joining Ignis Energy, Marcus served as the President of Evolution Engineering, a leading downhole MWD tools provider, which he successfully sold to Baker Hughes in 2021. His extensive experience in the energy industry and his proven track record of success make him an invaluable addition to our team.

As COO, Oesterberg will oversee the day-to-day operations of Ignis Energy, including project management, engineering, and procurement. His extensive experience in the energy industry will be instrumental in helping the company achieve its goals and continue to grow.