Ræktunarsamband Floa and Skeida contracted to drill 30 lava-filtering seawater boreholes.

Landeldi hf. and the drilling company Ræktunarsamband Floa og Skeida ehf. have signed a contract for the drilling of 30 sea holes in Þorlákshöfn, up to 100 meters in depth. The aim is also to drill freshwater wells and wells for measuring and monitoring wells. The agreement guarantees Landeldi lava-filtered sea for the entire first phase of six, of the entire project. The project duration is estimated at 15 months and the Saga drill will be used for the project. The work will begin in the coming weeks.

According to the contract stipulations, Ræktunarsambandid is obliged to invest in electric presses and Landeldi to provide electricity for the project. With this, a significant use of oil is largely replaced by Iceland's sustainable electricity in the drilling work, which is an innovation in Iceland when it comes to drilling saltwater wells. The agreement is one of the most environmentally friendly of its kind and is a part of both companies' journey towards their einvironmental goals.

It is also an animal welfare issue because future drilling will occur close to existing fish tanks in full operation and severely reducing noise and air pollution is presumed to avoid stress inside the tanks.

Guðmundur Á. Böðvarsson, manager of the Ræktunarsambandid:

"We have already drilled 20 wells for Landeldi since 2020 and the cooperation has been both good and instructive. The agreement is therefore a natural continuation to achieve the best learning and optimization in the drilling work with regard to the needs of salmon farming. The contract is the largest that Ræktunarsambandid has made with a single party in boreholes so far and calls for increased activity at the Ræktunarsambandid with additional recruitments.

Heimir Ingimarsson, Landeldi's geologist:

"With this agreement, Landeldi secures access to the sea to grow about 8 to 10,000 tons of salmon annually. The farming association has supported Landeldi well in recent years, and together the companies have developed considerable innovation in the design of sea holes with really good results. In this large contract, we will move from oil-driven air presses to electric air presses, which has a major impact on the carbon footprint of each well, and is part of Landeldi's journey to choose as environmentally friendly ways as possible in the development and operation of the company."


More information provided by:

Heimir Ingimarsson, Landeldi's geologist

[email protected], s. 691 5831

Guðmundur Á. Böðvarsson, manager of the Cultivation Association

[email protected], s. 891 7767