Nabors Invests $35 Million In Geothermal Tech

Nabors Industries has completed a $35 million strategic equity investment in Quaise Energy, Inc, with the company’s technology “designed to reach deeper, hotter geothermal resources that are otherwise inaccessible with conventional methods.” A spokesperson said, “Nabors Industries announced the completion of a $35 million strategic equity investment in Quaise Energy, Inc. “The transaction positions Nabors as …

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