Djibouti Establishes national geothermal energy engineering company

Djibouti has established its own national geothermal energy engineering company, reaching another milestone in its geothermal energy development.

This Company is set to work to develop the country’s geothermal power reserves and also plan for training and capacity building that should see it produce a number of engineers and technicians in the coming years, essential for the country’s energy independence.

The national company additionally plans to build capacity in water drilling in a bid to reinforce the country’s water security and further down the line, acquire mining and oil and gas drilling capabilities.

The Company also plans to become an East African drilling major tapping into Ethiopian, Somali and Kenyan markets.

Djibouti is currently vastly dependent on electricity imports from neighboring Ethiopia and on a relatively small heavy fuel-based power generation network. Geothermal power presents the opportunity for the significant reduction in electricity costs, as well an increase in economic prosperity.