ISOR and Arctic Green Engineering to partner on geothermal services in Europe
Mr. Árni Magnússon (left) and Mr. Gábor Molnár (right) seal the cooperation of ÍSOR and AGEN at the Budapest Geothermal Energy Summit. (source: ISOR)
Carlo Cariaga
1 Oct 2025
Iceland GeoSurvey and Arctic Green Engineering have joined forces to provide integrated consultancy services to the growing European geothermal market.
Iceland GeoSurvey (ISOR) and Arctic Green Engineering (AGEN) have decided to join forces in their services within the geothermal industry in Europe. The two companies believe their collaboration will bring to the market a highly skilled and experienced consultancy, supporting Europe utilizing further its vast geothermal resources.
The two companies formally sealed their intention to cooperate at the Budapest Geothermal Energy Summit, one of the largest geothermal events in the Central Eastern Europe region. The event highlighted the growing momentum of geothermal in Europe, but also recognized the various bottlenecks for the industry to grow further.
Both companies have decades of experience in both geoscience and engineering within the Geothermal sector, and the industry should benefit from their combined expertise. ISOR an Iceland-based provider of scientific and technical expertise to the geothermal industry internationally, while AGEN is a Hungary-based international consultancy firm in the fields of geoscience, engineering, technical services, and innovation.
The collaboration already has secured projects to be started in the coming weeks.
Source: Email correspondence
