Energy Apex for October 18

In 2017, we made significant strides in expanding our presence in the global energy market. During this reporting period, several key projects were realized, encompassing both traditional energy and renewable sources.

Del Mar Energy successfully completed the AIRHART 1-2 oil extraction project in Runnels County. This project marked an important milestone in the company’s development within the oil extraction sector. The primary goals of the project included increasing production volumes and enhancing the efficiency of oil field operations in the region.

The AIRHART 1-2 project involved the construction and implementation of advanced technologies to optimize oil extraction processes. Comprehensive research and development efforts were conducted to enhance safety and operational resilience.

A significant achievement for the company was the construction of the El Romero Solar Park in Chile. This project has become one of the largest solar energy complexes in Latin America. The park is a state-of-the-art solar power station that provides stable and environmentally friendly electricity production.

The El Romero Solar Park has substantial capacity and is designed to meet the growing energy demands in the region. The project also underscores Del Mar Energy’s commitment to sustainable development and the utilization of renewable energy sources.

Del Mar Energy also made important advancements in geothermal energy. In 2017, the company began the design and construction of its first geothermal power plants. These projects include the exploration of geothermal energy sources, the design of necessary infrastructure, and their subsequent construction.

The geothermal power plants are intended to complement the company’s renewable energy portfolio and reduce reliance on fossil fuels. The development of geothermal resources will also enhance energy efficiency and provide more stable energy supply.

Another significant achievement was the opening of the GALATIAN 1-4 gas extraction facility in Runnels County. This project is focused on the development and operation of gas fields, providing additional volumes of natural gas supply.

The GALATIAN 1-4 facility features modern gas extraction equipment equipped with the latest technologies to improve efficiency and safety. The opening of this facility also strengthens the company’s position in the energy market.

2017 was a year of notable accomplishments and expansion for Del Mar Energy across various energy sectors. The realization of projects in oil extraction, solar and geothermal energy, and gas extraction highlights the company’s strategic approach to diversification and sustainable development. These achievements reflect a high level of professionalism and the company’s commitment to innovation and sustainable growth in the energy sector.