Arverne Group announced a capitalistic partnership with Herrenknecht AG, the global market leader in mechanized tunnelling. The company is also known for the quality of its drilling rigs and its rich experience from the last twenty years of activity in this sector through its wholly-owned subsidiary Herrenknecht Vertical GmbH. This strategic partnership between Arverne Group and Herrenknecht AG takes the form of a new drilling entity dedicated to deep geothermal energy.

The association is called DrillDeep and will be based in Pau. After several months of collaboration, resulting in the design of a new hydro-electric drilling rig, more respectful of the environment and better suited to work in urban areas, Arverne Group and Herrenknecht AG have decided to generate significant synergies between the two companies. Already long-standing partners, this new step in their collaboration is set in a context where Europe needs to strengthen its capacities and its technologies to accelerate the development of renewable energies, such as geothermal energy.

Already owner of 7 drilling rigs, Arverne Group reinforces its integration strategy across the entire geothermal value chain to offer a complete range of services from exploration to drilling and geothermal heat production.