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A Journey to supply geothermal energy to Malaysia. Primeval Energy signs a Memorandum of Understanding with Digital Geoscience Malaysia and Government Advisor Institute of Geology Malaysia.
August 22nd 2024
MoU signed by IGM, DGeG & Primeval, witnessed by SEDA
At the International Sustainable Energy Summit in Kuala Lumpur, Malaysia on the August 21st 2024 – The Institute of Geology Malaysia. (IGM) is entering into a partnership with Digital Geoscience Global Sdb Bhd (DGeG) and Primeval Energy Ltd (Primeval).
A Memorandum of Understanding was signed this afternoon by the three organisations.
“DGeG is focused on geological service provision offering robust solutions by using the most innovative integrated digital geology approach, working in a variety of energy fields, including Petroleum, Karst Geohazards, Carbon Capture & Storage (CCS), Geothermal, Mining and others. Sarah Rahman, PGeol, COE of DGeG said “DGeG is thrilled to partner with IGM and Primeval Energy in developing Malaysia's geothermal energy potential. This partnership marks a significant milestone in Malaysia’s journey towards a sustainable energy future. By tapping into the vast potential of geothermal energy, we can reduce our reliance on fossil fuels, mitigate climate change, and build a greener Malaysia for generations to come.”
IGM is a society with a broad scope of responsibilities in Malaysia. One of those responsibilities is to assist, advise and cooperate with government departments and other private or public bodies in an honorary capacity on questions relating to the science of geology and policy in respect of land and earth resource utilisation and all other matters connected therewith. P.Geol. Gs. Abd Rasid Jaapar, F.I.G.M, FGS, MIGRSM, President of the Institute of Geology Malaysia said "IGM serves as the central institution for professional geologist development in Malaysia. This initiative fosters knowledge exchange between local and international experts to promote geothermal energy as a key component of the country's green energy agenda. Given the nascent stage of Malaysia's geothermal industry, collaboration with external partners is essential for further development."
Primeval Energy is a U.K. registered international geothermal energy development company. The company’s unique Technology Agnostic approach allows for the optimisation of geothermal solutions without technological restriction. 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 partner’s asset and the most appropriate technologies to use. Andy Wood, CEO of Primeval, said “We are delighted to enter a long-term partnership with such forward thinking organisations as IGM and DGeG. Malaysia sits between two of the world’s most prolific geothermal energy producers, making it a prime location for large scale geothermal energy production. At Primeval we feel privileged to be a part of the geothermal journey of Malaysia.”
The MoU ceremony was attended by Sarah Rahmen, CEO of DGeG, Adam Hashim, Vice President cum Chairman of Hydrogeology & Groundwater resources technical committee and Andy Wood, CEO of Primeval. Witnessed by representatives from the Sustainable Energy Development Authority (SEDA): Yb Lee Chean Chung, Member of Authority, Ybrs Dr Nurmazilah Dato’ Mahzan, Member of Authority and Mr. Koh Keng Sen, Chief Operating Officer.
SEDA is the Malaysia statutory body formed under the Sustainable Energy Development Authority Act 2011 [Act 726]
Primeval Energy announces strategic partnership with Ignis Energy.
February 27th 2024
GeoTHERM expo & congress in Offenburg: February 27, 2024 – 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.”
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 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.”