EGS

RESMAN Energy Technology Selected to Participate in the Utah FORGE Geothermal Project

Retrieved on: 
Wednesday, May 1, 2024
Other Energy, Utilities, Sustainability, Environment, Coal, Alternative Energy, Energy, Climate Change, University, Geothermal energy, Enhanced geothermal system, Primary energy, Fracture, EGS, Temperature, Knowledge, Renewable energy

RESMAN Energy Technology is pleased to announce that its tracer technology is being used in the groundbreaking Utah FORGE geothermal project.

Key Points: 
  • RESMAN Energy Technology is pleased to announce that its tracer technology is being used in the groundbreaking Utah FORGE geothermal project.
  • With expectations of a drastic market increase for Enhanced Geothermal Systems (EGS) by 2030, the Utah FORGE project is poised to become an important test case for scaling geothermal technology globally.
  • “Utah FORGE is a global test case, and we aim to accelerate breakthroughs in EGS technologies and to establish rigorous, reproducible solutions that make geothermal energy possible anywhere in the world,” said John McLennan, Utah FORGE, Co-Principal Investigator.
  • Although there are many unknowns, we are confident in the transformative impact of our tracer technology,” said Partho Giri, Director of Global Operations, RESMAN Energy Technology.

MagiQ Technologies Taps Sandia Labs for Extreme Seismic Sensor Tests; Results Far Exceed High Temperature Benchmarks for Geothermal Applications

Retrieved on: 
Wednesday, April 24, 2024
DAS, Acquisition, EGS, National Nuclear Security Administration

SOMERVILLE, Mass. , April 24, 2024 /PRNewswire/ -- MagiQ Technologies, the leader in optical sensor innovation for energy, defense, and telecom, announced today that they have successfully demonstrated the high-temperature capabilities of their fiber-optic accelerometers during extensive simulated testing at Sandia National Laboratories.

Key Points: 
  • The goal of the testing at Sandia Labs was to demonstrate that MagiQ's GeoLite (TM) sensors could accurately collect data at extreme temperatures during prolonged exposure, simulating weeks, even months of continuous geothermal data acquisition in extreme, real world scenarios.
  • Sandia Labs is a National Nuclear Security Administration research and development center with expertise in geosciences and seismology dating back to the 1950s.
  • The test results confirm that the Company's GeoLite sensors functioned effectively and maintained consistent sensitivity at temperatures exceeding 250°C, proving their viability for extreme geothermal applications.
  • Traditional multi-component geophones and Distributed Acoustic Sensors (DAS) experience limited-service life and high failure rates in geothermal wells above 150°C.

Ally Law Welcomes Ellenoff Grossman + Schole as its New York Member

Retrieved on: 
Tuesday, March 26, 2024
Initial public offering, Intellectual property, Employment, Appellate court, Ally Law, EGS, ERISA

MINNEAPOLIS, March 26, 2024 /PRNewswire/ -- Ally Law, a prominent global legal network with 80 member firms in 50 countries, has appointed Ellenoff Grossman & Schole LLP as its exclusive New York member.

Key Points: 
  • MINNEAPOLIS, March 26, 2024 /PRNewswire/ -- Ally Law, a prominent global legal network with 80 member firms in 50 countries, has appointed Ellenoff Grossman & Schole LLP as its exclusive New York member.
  • Said Ally Law President Ramesh K. Vaidyanathan, co-founder and managing partner of India-based law firm, BTG Advaya, "Because New York is arguably the world's leading commercial and financial center, we needed a member with stellar corporate and securities credentials.
  • That they have achieved this remarkable benchmark as a mid-sized, first-generation firm is really the Ally Law ethos in action.
  • We look forward to collaborating with our Ally Law colleagues and their clients, wherever they do business."

Strayshot by iBLOXX Studios Sets Sights on Epic Games Store Launch

Retrieved on: 
Monday, February 19, 2024
Weapon, Epic Games, Epic Games Store, LaMelo Ball, EGS, LaVar Ball, Big Baller Brand, TPS, NFT, Early access, Extraction, Clan, Last Man Standing, Deathmatch, Gamescom, Video game

Dubai, United Arab Emirates--(Newsfile Corp. - February 19, 2024) - Game developer iBLOXX Studios made waves this week, announcing the free-to-play game "StrayShot" will launch on the Epic Games Store (EGS) with aims to become the world's most popular Web3 game in the TPS genre.

Key Points: 
  • Dubai, United Arab Emirates--(Newsfile Corp. - February 19, 2024) - Game developer iBLOXX Studios made waves this week, announcing the free-to-play game "StrayShot" will launch on the Epic Games Store (EGS) with aims to become the world's most popular Web3 game in the TPS genre.
  • The game's early hype shows its potential for breakout success when it launches on the Epic Games Store (EGS) later this year.
  • With over 194 million active Epic Game Store users and 65 million monthly active users as of March 2022 , StrayShot is set to receive invaluable visibility from a vast gaming audience that is always looking for new games.
  • To view an enhanced version of this graphic, please visit:
    Adding further momentum, iBLOXX's CEO Domenik Maier met with Epic Games at Gamescom last August, and the game now has a Coming Soon page on the Epic Games Store (EGS) where gamers can wishlist it for Early Access.

Fervo Energy Raises $244 Million to Accelerate Deployment of Next-Generation Geothermal

Retrieved on: 
Thursday, February 29, 2024
Alternative Energy, Energy, Other Energy, Goldman Sachs, Commander-in-Chief, Africa (Royal Navy), Arnold Ventures LLC, Vinson & Elkins, Growth, Mitsubishi Heavy Industries, EGS, Entrepreneurship, History, Electricity, Heart, Devon Energy, Ministry of Energy, Partnership, Renewable energy

Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas.

Key Points: 
  • Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas.
  • “Demand for around-the-clock clean energy has never been higher, and next-generation geothermal is uniquely positioned to meet this demand,” said Tim Latimer, Fervo CEO and Co-Founder.
  • “Fervo has transformed geothermal into a scalable carbon-free resource ready to meet the moment.”
    Goldman Sachs & Co. LLC acted as exclusive placement agent to Fervo Energy.
  • Fervo Energy provides 24/7 carbon-free energy through the development of next-generation geothermal power.

Studio 369 Issues "Call To Arms" for MetalCore's Closed Beta

Retrieved on: 
Tuesday, February 20, 2024
EVM, Arms, Weapon, Collection, LOS, Player versus environment, Studio, Discord, Mechanics, Metalcore, EGS, Infantry, Call to arms, Organization, FPS, PST, PvP, Video game

LOS ANGELES, Feb. 20, 2024 /PRNewswire/ -- Studio 369, an innovative next-gen game studio building the highly anticipated first-person shooter (FPS) MetalCore, today issued an official "Call to Arms" to players as the studio prepares for the game's next milestone moment. Currently in production with global web3 developing and publishing leader Immutable Games, Studio 369 has confirmed the next MetalCore Closed Beta period, "Call to Arms," an invite-only playtest that provides early fans a first-hand look at the updated game build in an adrenaline-pumping adventure.

Key Points: 
  • Currently in production with global web3 developing and publishing leader Immutable Games , Studio 369 has confirmed the next MetalCore Closed Beta period, "Call to Arms," an invite-only playtest that provides early fans a first-hand look at the updated game build in an adrenaline-pumping adventure.
  • Genesis Infantry, secured and held by players before Feb 29th at 3 PM PST, will also be playable in the next Closed Beta cycle.
  • "This Closed Beta playtest signifies an important development milestone for Studio 369 - it is really the first opportunity for us to introduce players to the MetalCore economy and deep and extensive mechanics we have been building," said Studio 369 CEO Matt Candler.
  • For more information on MetalCore or to sign-up for "Call to Arms" Closed Beta playtest, visit www.metalcore.gg or join the MetalCore community on Discord or X .

Fervo Energy Drilling Results Show Rapid Advancement of Geothermal Performance

Retrieved on: 
Monday, February 12, 2024
Alternative Energy, Energy, Utilities, Oil, Gas, Commander-in-Chief, Africa (Royal Navy), Technology transfer, EGS, ExxonMobil, Learning, Entrepreneurship, Life, ROP, Private sector, PDC, Texas A&M University, DOE, Devon Energy, Former, Renewable energy

Today at the Stanford Geothermal Workshop, Fervo Energy (“Fervo”) published early drilling results from its Cape Station project that exceed the Department of Energy’s (DOE) expectations for enhanced geothermal systems (EGS).

Key Points: 
  • Today at the Stanford Geothermal Workshop, Fervo Energy (“Fervo”) published early drilling results from its Cape Station project that exceed the Department of Energy’s (DOE) expectations for enhanced geothermal systems (EGS).
  • These results substantiate the rapid learning underway in the geothermal industry and signal readiness for continued commercialization.
  • Fervo has consistently reduced drilling times and costs in horizontal, high-temperature, deep granite drilling.
  • “Since its inception, Fervo has looked to bring a manufacturing mentality to enhanced geothermal development, building a highly repeatable drilling process that allows for continuous improvement and, as a result, lower costs,” said Tim Latimer, Fervo Energy CEO and Co-Founder.

Quaise Energy Appoints Dr. Geoffrey Garrison as Vice President of Operations and Dr. Trenton Cladouhos as Vice President of Geothermal Resource Development

Retrieved on: 
Wednesday, February 7, 2024
Environment, Finance, Other Energy, Banking, Utilities, Oil, Gas, Professional Services, Alternative Energy, Green Technology, Energy, University, Industrialisation, Stanford University, EGS, AltaRock Energy, Doctor of Philosophy, Cornell University, Aircraft, Research and development, Garrison, Carbon, Renewable energy

Quaise Energy , the company unlocking terawatt-scale geothermal, announced today the hiring of Dr. Geoffrey Garrison as Vice President of Operations and Dr. Trenton Cladouhos as Vice President of Geothermal Resource Development.

Key Points: 
  • Quaise Energy , the company unlocking terawatt-scale geothermal, announced today the hiring of Dr. Geoffrey Garrison as Vice President of Operations and Dr. Trenton Cladouhos as Vice President of Geothermal Resource Development.
  • As Vice President of Operations at Quaise, Garrison will be responsible for executing the development of geothermal heat and power assets.
  • He has worked on geothermal projects worldwide, including Engineered Geothermal Systems (EGS), geothermal exploration, drilling, and well field operations.
  • As Vice President of Geothermal Resource Development at Quaise, Cladouhos will lead a team to develop and test technologies to create the world’s first superhot rock EGS demonstration.

Egypt Construction Industry Report 2023: Output to Expand by 8.4% in Real Terms in 2024 - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Forecasts to 2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 31, 2024
Architecture, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Urban Planning, Growth, Sector, Assessment, Renewable energy, Sewage, FDI, Housing, Private sector, EGS, Investment, Commercial, Construction, Water, Risk, Forecasting

The "Egypt Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market, 2023-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Egypt Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market, 2023-2027" report has been added to ResearchAndMarkets.com's offering.
  • Construction industry in Egypt to expand by 8.4% in real terms in 2024, supported by the government's continued focus on infrastructure investments, coupled with rising foreign direct investment (FDI).
  • The industry's growth over the forecast period will also be supported by investments in transport, renewable energy, housing, green hydrogen, water, and sewage infrastructure projects.
  • Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Egypt, featuring details of key growth drivers.

Greg Belinfanti Appointed President of One Equity Partners; Dick Cashin Continues Full-Time Role as Chairman

Retrieved on: 
Tuesday, January 30, 2024
Professional Services, Finance, Multimedia, The arts, Lehman Brothers, Politics, JPMorgan Chase, OneLink, Celltrion, Local Initiatives Support Corporation, EGS, Investment, ArthroCare, Harvard Law School, Investment banking, One Equity Partners, OEP, Culture, Trust, Management

One Equity Partners (“OEP”), a middle-market private equity firm, today announced that Greg Belinfanti has been named President of the firm.

Key Points: 
  • One Equity Partners (“OEP”), a middle-market private equity firm, today announced that Greg Belinfanti has been named President of the firm.
  • He succeeds founder Dick Cashin who will continue to serve as Chairman and play an active, full-time role in managing the firm and its investments.
  • View the full release here: https://www.businesswire.com/news/home/20240130325743/en/
    Greg Belinfanti, President of One Equity Partners (Photo: Business Wire)
    “Greg is an incredibly talented investment professional and a tremendous colleague who leads by example.
  • Prior to joining OEP, Belinfanti served as a Vice President in the Investment Banking division of Lehman Brothers.