OMV and Energie Steiermark announce joint geothermal project in Graz, Austria
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OMV and Energie Steiermark have announced a joint geothermal project that could potentially supply 50% of the heating supply in the city of Graz in Austria. The announcement follows a successful seismic survey campaign and the negotiation for new contracts for the proposed geothermal project. Exploratory drilling is expected to commence before the end of 2026.
Implementation of the “Tiefenkraft” project will be done through a joint development company between OMV (75%) and Energie
Implementation of the “Tiefenkraft” project will be done through a joint development company between OMV (75%) and Energie
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