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OECS Regional Geothermal Shared Drill Rig

Sector: Oil and Gas • Location: OECS Member States

Source: St Vincent Times

Project
Planned

The Organisation of Eastern Caribbean States (OECS) Commission has launched a comprehensive feasibility study on acquiring a geothermal drill rig for shared use by OECS Member States. The study, conducted by Italian firm ELC-Electroconsult S.p.A., aims to evaluate the technical, economic, and operational viability of acquiring and managing a drill rig deployable across multiple islands to boost re

Status
Prospective
Sector
Oil and Gas, Geothermal, Government
Location
Dominica
Updated
22 Jul 2026
Source
St Vincent Times

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The project “OECS Regional Geothermal Shared Drill Rig” is an infrastructure initiative in the Oil and Gas sector, located in OECS Member States. Taiyo aggregates data on it from St Vincent Times.

Participants

Sponsoring Agency

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Organisation of Eastern Caribbean States (OECS) Commission has launched a comprehensive feasibility study on acquiring a geothermal drill rig for shared use by OECS Member States. The study, conducted by Italian firm ELC-Electroconsult S.p.A., aims to evaluate the technical, economic, and operational viability of acquiring and managing a drill rig deployable across multiple islands to boost renewable energy development and reduce dependence on imported petroleum fuels.

Original sector

Energy

Location

Country

Dominica

Source

Source

St Vincent Times

URL

More Details

Record type

Project

Sector

Oil and Gas, Geothermal, Government

Article published date

2025-09-15

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