Montserrat:

Montserrat signs Geothermal Contract with Iceland Drilling Company Ltd. (SKNVibes.com)

William Gudmundsson of Iceland Drilling Company Ltd, (left) signs the contract to begin drilling of two geothermal wells Tuesday, October 16, 2012 at the Cabinet Secretariat. (Courtesy SKNVibes.com) 

Montserrat on Wednesday signed the contract which will see the island pursue its search for geothermal energy.

Vilhjalmur Gudmundsson, Head of Marketing and Business Development for Jardboranir, doing business as the Iceland Drilling Company Ltd., signed the contract while Philip Chambers, Permanent Secretary for the Ministry of Communications & Works represented the Government of Montserrat.

IDC was the only company to submit a bid to drill for geothermal on island and was granted a conditional letter of award on 27 September 2012. Since then the contract works were completed in early October with the official signing taking place on 16 October, 2012.

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