Iceland Drilling Company Ltd. (IDC)
Iceland Drilling Company Ltd (IDC) is a leading high technical company in the field of high temperature deep geothermal drilling and has many decades of experience in both high and low temperature drilling. The company operates internationally, and possesses a fleet of new hydraulic rigs and modern drilling equipment that can be transferred swiftly from one part of the world to another.The company has well-grounded expertise in international deep drilling projects, with a record of several hundred high temperature geothermal wells.
Company details
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- Business Type:
- Service provider
- Industry Type:
- Geothermal Energy
- Market Focus:
- Globally (various continents)
- Year Founded:
- 1945
- Employees:
- 101-1000
We are Specialists in Geothermal Energy
We are Specialists in Geothermal Energy
We are a leading high technical company in the field of high temperature geothermal drilling and have many decades of experience in both high and low temperature drilling.
- We operate internationally
- Our rigs are safe and efficient
- Integrated project management
- Decades of experience
Iceland Drilling has over 70 years of experience i...
Iceland Drilling has over 70 years of experience in High temperature deep geothermal drilling
- Currently operating in: Iceland, Azores, and Djibouti
- Recent Projects: St. Vincent, New Zealand, Montserrat
- Other Projects: Germany, Switzerland, Denmark, UK, Philippines, Nicaragua, Dominica
Operation
Drilled over 300 deep wells in the last 10 years.
Drilled over 400 deep wells since 1970.
Rigs
- IDC's rigs are new and modern
- IDC's rigs are automatic for safe and efficient operation
- IDC's rigs are maintained to highest standard
- IDC's rigs are specially designed for geothermal drilling
- IDC's rigs have history working in harsh situation in snow and minus degrees
Operation Countries
- Currently operating in Iceland, Djibouti, and in the Azor Islands
- Recent projects in Iceland, St. Vincent New Zealand, Dominica, Montserrat, and Nicaragua
- Licensed drilling operator in Indonesia under the name PT Iceland Drilling Indonesia.
Reliable Service
Reliable Service
IDC has a good mix of crews with experience on its rigs and in drilling for geothermal
Decades of Experience
Over 70 years of experience in Geothermlal Drilling
Integrated Service
IDC offer integrated project service
Decades of Experience in Geothermal Drilling
Business Area
Iceland Drilling Company Ltd (IDC) is a leading high technical company in the field of high temperature deep geothermal drilling and has many decades of experience in both high and low temperature drilling. The company operates internationally, and possesses a fleet of modern hydraulic rigs and drilling equipment that can be transferred swiftly from one part of the world to another.The company has well-grounded expertise in international deep drilling projects, with a record of several hundred high temperature geothermal wells.
Operation
- Drilled over 300 deep geothermal wells in the last 20 years.
- Drilled over 500 deep wells since 1970.
Operating countries
- Currently operating in Iceland, Djibouti, and in the Azor Islands
- Recent projects in Iceland, St. Vincent New Zealand, Dominica, Montserrat, and Nicaragua
- Licensed drilling operator in Indonesia under the name PT Iceland Drilling Indonesia.
Other operating countries
- Germany, Switzerland, Denmark, Hungary, UK, Philippines and Ireland.
Rigs
- IDC’s rigs are modern hydraulic drilling equipment.
- IDC’s rigs are automatic for safe and efficient operations.
- IDC’s rigs are maintained to highest standards.
Over 70 years of drilling experience
- Iceland Drilling was established in 1945.
Certification in QHSE
- Quality Management System – ISO 9001:2015
- Environmental Management System – ISO 14001:2015
- Occupational Health & Safety Management System – ISO 45001:2018.
Associations – Membership
- IADC, International Association of Drilling Contractors.
- IGA, International Geothermal Association.
Iceland Drilling History
Iceland Drilling Company was founded at the beginning of 1986. The purpose of its foundation was to maintain and enhance within the company the powerful knowledge and skills in the field of onshore drilling which had been accomplished over the past years in Iceland. The origins of IDC date back to 1945 when its predecessor, the State Drilling Contractors (SDC), was established. At the very beginning, it was considered important to guarantee high quality drilling services in Iceland, especially when considering the importance of geothermal energy for the Icelandic economy.
Increased Efficiency through PrivatizationUpon being founded, Iceland Drilling took over all the operations of the State Drilling contractors and the company owned by the State and City of Reykjavik. The owners of the new corporation, i.e. the State Treasury and the City of Reykjavík, owned between them half of the share capital. In 1992 the share capital of Iceland Drilling was offered up for general tender to try for a more distributed ID ownership.
The establishment of Iceland Drilling enabled the decrease of costs and a new company strategy in line with that of privately owned contractors was adopted. The vast experience, inventories and know-how, gained over almost five decades of operation in Iceland have furthermore been preserved and continuity maintained.
Dominant Market Share in IcelandIceland Drilling has gained a dominant share in the Icelandic market through years of successful work for the country´s major power companies. These clients include Landsvirkjun (The National Power Company), HS-Orka and ON (Orka Nátturunnar).
International ProjectsThe company´s first operation outside Iceland was a drilling project in the Faeroe Islands in 1981. The second overseas project took place in England in 1991. In 1992, Iceland Drilling started a new drilling project in the Azores Islands (Portugal). Since then the company has operated in the Azores, both on San Miguel and Terceira Islands.
Early in 1998, Iceland Drilling took part in drilling project tenders in England and in Ireland, followed by signing a drilling contract with Lisheen Mine Partnership in Ireland. Subsequently, Iceland Drilling established the subsidiary, Iceland Drilling (UK) Ltd., in June 1998. Among other contracts in Europe, Iceland Drilling UK has undertaken high temperature geothermal drilling in the Azores Islands for electricity generation purposes. The company started geothermal drilling in the Azores Islands in 1999, following the establishment of Iceland Drilling LDA, a subsidiary in Portugal in 2006.
Eurothermal Kft. was established in Hungary in 2004. The purpose of the company was to take advantage of the opportunities connected with the exploitation of geothermal power in Hungary, as well as to stretch the operation into Eastern Europe.
Hekla Energy B.V. was established in 2007 and is a wholly owned subsidiary of Iceland Drilling Company. The company have operated in various countries such as in Germany, Denmark, and Switzerland.
QHSE Management system
Iceland Drilling has implemented a Quality Management system in all aspects of the Company’s operations. The Company’s Quality Management system complies with the requirements of ISO 9001 standards and was the first contracting company in Iceland to achieve this certification.
Iceland Drilling (Jarðboranir hf.) mission is to be a leading company in the drilling industry.
Our role is to support our customers in accessing and developing energy resources in an economical and environmentally responsible way.
We communicate with integrity and fulfill our obligations. The safety of employees, the environment and the customer is our priority. By focusing on continuous improvement, quality and reliability we earn our trust.
We engage the strength and incentive of our employees to achieve maximum results. Our work ethic is professional and we operate in accordance with laws and regulations.
Our operation and service adapts easily to new market situations and customer requirements. Our equipment is highly mobile and we can execute projects under various conditions. With effective communication and hard work we provide exceptional services.
We offer custom designed, state-of-the art equipment that is maintained in good condition. Well trained and experienced crews ensure quality, safety and operational efficiency. Employee satisfaction is essential to the company´s success.
Iceland Drilling´s ultimate goal is to create value for its customers, employees, the company itself and its owners.
Security is highly important for Iceland Drilling ...
Security is highly important for Iceland Drilling due to the fact that the activity of the company is not entirely innocuous. The most important thing to the company is that the workers return safely from work. Iceland Drilling works with their buyers on having security at the forefront for each project. Jardboranir received certification for occupational health and safety management standard OHSAS 18001 late 2010. Later or in 2019 Jardboranir have received new certification according to ISO-45001:2018
The health and safety of employees and others is a priority with Iceland Drilling (Jarðboranir hf.) where all are provided with a safe and healthy work environment, promoting an injury-free workplace.
Iceland Drilling is committed to:
- Fulfilling the requirements of laws, regulations, standards and customer demands
- Analyzing risk, setting objectives and making continous improvements
- Providing equipment and facilities that comply with safety standards
- Providing employees and guests with appropriate personal protective equipment
- Providing appropriate emergency plans and first aid training
- Providing the necessary safety training and education
- Encouraging employee participation and cooperation for the maintenance of a safe working environment
- Investigating incidents and risks with the purpose of improvement
- Monitoring the performance of the OHS management system
- Monitoring the impact of operations on employees´ health by regular health inspections
Safety, health and a secure work environment is the responsibility of management, all employees and service providers and is divided in the following manner:
Management:
- Ensures the full implementation of this policy and the OHS management system
- Ensures the active collaboration between management and employees regarding safety issues
- Endeavors to improve safety in cooperation with top management
Supervisors:
- Ensure compliance to the OHS management system
- Ensure employees´ competence to fulfill their assignments
- Report all incidents to management
Employees:
- Know and comply with safety instructions
- Wear appropriate personal protective equipment
- Safeguard their own health and safety and that of others in the workplace
- Report all incidents to a supervisor
Sub-contractos:
- Comply with safety rules for sub-contractors
- Report activities likely to affect the health and safety of themselves and others
- Endeavor to maximize safety in cooperation with employees and management
Iceland Drilling´s board of directors has approved this policy and supports its execution. The policy is reviewed annually in management review meetings.
Demand for environmentally friendly energy is incr...
Demand for environmentally friendly energy is increasing and geothermal heat is becoming more popular as environmental energizer. As a leading company, Iceland Drilling has a great ambition being environmentally friendly and implements that the company is in best harmony with the nature and community. Iceland Drilling was certified in late 2010 for its operations according to the Environmental Management system ISO 14001.
Jarðboranir is leading in the environmental field, treating the environment with care and operating in harmony with it. Environmental issues are of paramount importance to the company.
Jarðboranir strives to minimize disturbance to the environment.
Jarðboranir fulfills the requirements of public authorities and adopts more stringent requirements where necessary.
Jarðboranir collects and publicly presents the results of the company´s environmental performance.
Jarðboranir collaborates with clients and sub-contractors to ensure accordance with the company´s environmental policy.
Jarðboranir places emphasis on employees´ knowledge of and adherence to the company´s environmental policy.
Jardboranir´s goal is continuous improvement in environmental issues, reduction of environmental impact and the promotion of sustainable development.
Employment Policy
IDC´s success continues to depend on our people. Our performance must match our promises – first time and every time – which requires absolute dedication to understanding and fulfilling our customers´ needs with the appropriate mix of expertise, price, service and personal care.
We strive to employ and maintain a workforce with both professional expertise and personal communications skills. And because our staff are hand picked and highly qualified you can have complete confidence in the quality of every stage of our services to you – from the first computer drawing to the final handshake at delivery.
Development of Skills and PotentialHaving positioned itself as a high-performance company, IDC is constantly adjusting its organization to changing emphases in operations which require considerable specialization. Therefore, the company sees fit to reqruit only highly competent individuals who are willing to undergo comperhensive developement of their skills and capabilities.
In order to provide only the best services, IDC seeks to both keep its employees informed and make increased demands concerning their education and expertise. We believe that a well-trained workforce will always excel in any comparison. For the same reason every employee is expected to participate in the continuous quality improvement of each operation.
Safety and HealthIt is the policy of IDC to provide wholesome and safe working places for our employees. Having accepted this responsibility, we feel that each employee in turn must accept the obligation to work safely. This emphasis on responsibility means working intelligently, with common sense and with forethought.
Confidential InformationEvery IDC employee is bound to confidentiality regarding all business and technical interests of our clients.